Non-waterfront residential home sales were up 47 per cent year over year across the Lakelands North region in February, according to the Lakeland’s Association of Realtors.
A total of 75 homes sold last month, compared to 51 in February of 2023.
The median price was $590,000, compared to $606,000 the same month last year.
Waterfront homes sales also rose in February, with 23 waterfront properties selling in 2024 compared to 19 in 2023.
The median price for those homes rose to slightly over $1 million, up $250,000 from last year.
The Lakelands North region includes Parry Sound, Bracebridge, Gravenhurst, Huntsville and surrounding townships.
Across Canada home sales were down 3.1 per cent in February, according to the Canadian Real Estate Association.
CREA officials said that how busy the overall season turns out to be will depend on if we see interest rate cuts from the Bank of Canada. They add that February could end up being the last “relatively uneventful” month of the 2024 housing market.