Home sales through the Renfrew County Real Estate Board were up in May 2021 versus May of the previous year by 12 percent.
On a year-to-date basis, home sales totaled a record 1,149 units over the first five months of the year, up 74.1% from the same period in 2020.
The average price of homes sold in May 2021 was $389,580, an advance of 34.5% from May 2020.
New listings were 2.5% below the five-year average and 14% below the 10-year average for the month of May.
In fact, active listings haven’t been this low in the month of May in more than 15 years.