Home Ranch News Housing Market Drops Down for July

Housing Market Drops Down for July

Average price of a home sold for $574,546

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A total of 251 listings were posted last month with 213 of them selling according to data from the Huron-Perth Association of Realtor’s.

Info also shows the market is dropping slightly when compared to previous months.

The benchmark price of a single family home in the area was listed at $546,100, a leap of 40.8% when compared to July of 2020. Houses sold last month averaged at $574,546, a jump of 27.3% from July of last year.

However when compared to previous months such as June, this is down over $40,000.

The average price of a home in June this year was marked at $616,607.