The average sale price of a house in the Quinte region is up dramatically.
According to the Quinte District Association of Realtors, the average price of a house sold
last month was $291,000.
That is a whopping 30% higher than in February of last year.
Association President Cathy Polan says the average price increased so much because there was an unusually high number of properties sold in the top end of the price range.
Meanwhile, the number of residential listings last month in the region was down significantly, to 563 from over 1,000 in February of 2016.
See the Quinte District Association of Realtors Market Watch report.