April MLS® statistics for Quinte & District Association of REALTORS® Inc.
The COVID-19 pandemic has impacted our lives on so many levels, from the way we communicate with each other to how we conduct business. Technology offers options for safe ways to remotely meet with friends and family as well as viewing properties that are listed for sale. In-person open houses have been replaced with virtual tours being the new norm. Most of the steps in a real estate transaction can now be performed virtually.
QDAR Professional Realtors® have adapted their business to the guidelines as set by Canada’s public health authorities, helping ensure the health and safety of everyone.
By supporting each other when and wherever possible, we will be able to deal with the challenges ahead, both in business and personally.
The uncertain times are reflected in the unprecedented drop in listings and sales.
The April 2020 monthly Dollar Sales for All Property Types was $57,730,492 reflecting a substantial decrease of 49.0% below April 2019, which was $113,113,409.
The April monthly Dollar Sales for Residential Listings resulted in a similar decrease of 49.9% with $54,412,592 for 2020 compared to $108,554,409 for 2019.
The Residential Average Sale Price for April showed an increase over 2019, with the April 2020 price of $383,187 resulting in a 5.9% increase over the April 2019 amount of $361,848.
Residential Unit Sales for April 2020 resulted in 142 sales, down significantly from 300 sales for 2019, for a decrease of 52.7%.
The number of Active Residential Listings currently sits at 736 units compared to 935 units in 2019 resulting in a reduction of 21.3%.
BOARD & ASSOCIATION INFORMATION
The Quinte & District Association of REALTORS® Inc. serves approximately 420 REALTORS® in the Belleville, Quinte West, Prince Edward, Madoc, Marmora, Stirling, Tweed, Brighton, Trent Hills, Colborne, and Deseronto areas as well as other adjacent communities. The Association operates the local Multiple Listing Service (MLS®) System and provides ongoing professional education courses for its members.
For local market expertise, be sure to use the professional services of one of our REALTOR® members when buying or selling property.
To view current listings from the Quinte & District Association of REALTORS® MLS® System, Membership Information and General Real Estate facts, visit our website at www.quinte-MLS.com.
MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
For more information,
please contact Lisa Comerford: