The summer slow down is following its typical pattern that we saw before COVID. Traditionally July and August are slow months for the local real estate market and the higher interest rates are scaring off cottage buyers.
July saw 35 new listings in Saugeen Shores (June had 51 new listings), which brings us to 134 Active Listings. 29 homes sold, which is up slightly from June’s number of homes sold of 26.
The average sale price in Saugeen Shores for July was down from June ($677,358).
Saugeen Shores is on par with what is happening in the Real Estate Market in all of Grey and Bruce Counties with the average sales prices and days on the market very close.
If you’re thinking of Buying or Selling this year, contact us soon so we can get the process started for you!
