Housing sales in Renfrew County are starting to hit the brakes.
April’s total home sales are down 35.3 percent compared with the same month in 2021, which extends a four month trend.
The average price of homes sold in April 2022 was $485,259, up by 18.5% from April 2021.
The dollar value of all home sales in April 2022 was $109.2 million, a drop of 23.4% from the same month in 2021.
Housing supply also suffered as new listings were 19.6% below the five-year average and 33.1% below the 10-year average for the month of April.
Available months of inventory numbered 0.8 at the end of April 2022.
