Real estate numbers in Quinte are unlike anything seen before according to the new president of the Quinte and District Association of Realtors.
Don McColl says multiple offer situations are the norm now.
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A record was set for the number of homes sold in any December last month and the average price of homes sold in December 2020 was a record $546,053.
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It’s great for sellers but tough for those looking to buy their first home or even upgrade.
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McColl adds inventories remain extremely low right now with active listings reduced to a level not seen in over three decades.