New Record Residential Sales

Kawartha Lakes Real Estate Association

Kawartha Lakes residential sales set new record in 2015

Home sales recorded through the MLS® System of the Kawartha Lakes Real Estate Association Inc. came in well above year-ago levels in December 2015.
Residential sales numbered 68 units in December 2015, jumping 44.7 per cent from December 2014. This was the best December sales figure on record.
On an annual basis, home sales came in 20 per cent ahead of 2014. Totalling 1,571 units, it was the best annual residential sales figure in the Association’s history.
New residential listings on the Association’s MLS® System totalled 70 units in December 2015, up 27.3 per cent on a year-over-year basis.
There were 262 active residential listings on the Association’s MLS® System at the end of December 2015, dropping 22.9 per cent from December 2014. This was a record low for inventory.
There were 3.9 months of inventory at the end of December 2015, down from 7.2 months reported at the same time last year and well below the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Important information

Serving the City of Kawartha Lakes since 1958, the Kawartha Lakes Real Estate Association Inc. supports its REALTOR® members with a local Multiple Listing Service®, ongoing professional education and an effective government relations program. Our REALTOR® members are actively supporting our local charities, offer the highest level of service and have agreed to abide by a strict professional Code of Ethics.

President
James Sexsmith
For more information,
please contact:
(705) 324-4515
sschell@kawarthalakes-mls.ca

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