Leeds and Grenville is going into the fall season with increase in real estate sales.
Marty Urquhart is the President of the Rideau-St. Lawrence Real Estate Board and says the area has been a significant increase in real estate sales over the summer. He says from 2017 to 2018 there has been a 10-percent increase. In September, Urquhart adds, they see another boom of sales leading right up until snow.
Urquhart says the average price across the board was $242 thousand up to $254 thousand for real estate now. He says that is an increase of about 4.8-percent. He adds it’s possibly leaning more towards a “sellers market” right now because there is a little less inventory (houses coming onto the market). Urquhart says the area has a stable and sound market.
