High prices, low inventory lead to strong March home sales

Average price in Brockton last month exceeds $700K

April 20, 2022 @ 9:22 amLocal News, News, Walkerton Herald-Times

This graph shows the months of inventory (the number of active listings at month end divided by the number of sales for the month) from March 2013 to March 2022. (REALTORS Association of Grey Bruce Owen Sound graphic)

BROCKTON – Local home sale prices continue to set records. The REALTORS Association of Grey Bruce Owen Sound recently released its March sales statistics, painting a picture of high selling prices and low inventory. Locally, 16 residential units were sold last month, the same number as March 2021. The average sale price last month was…

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