Port Elgin Real Estate, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine
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Port Elgin and Area Real Estate News
Updates on the Port Elgin, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine real estate market, home buyer & seller tips and general real estate advice.
Homes sales surge higher summer draws to a close.
Residential sales activity in the geographical area covered by the REALTORS® Association of Grey Bruce Owen Sound totaled 333 units in August 2019.
This was a 17.7% jump from August 2018 and was the third best-ever August sales figure after 2016 and 2007.
On a year-to-date basis, home sales totalled 1,878 units over the first eight months of the year, down 6.3% from the same period in 2018.
The average price of homes sold in August 2019 was $411,433, down 7.4% from August 2018. That said, the August 2018 average price reading was an aberration — the result of one unusually expensive residential property sale.
Excluding that one transaction lowers the August 2018 average price by almost $80,000 to $364,640 and makes the August 2019 reading a 12.8% increase. It would also make August 2019 a record.
The more comprehensive year-to-date average price was $387,001, up 8.2% from the first eight months of 2018.
New residential listings in the region numbered 400 units in August 2019, an increase of 15.6% on a year-over-year basis. Sales gains in regions with low supply are often coincident with increases in new supply.
The overall supply remains near record lows. Active residential listings numbered 1,085 units at the end of August, an increase of 17.3% from the end of August 2018 but only half the long-run average for this time of the year.
Months of inventory numbered 3.3 at the end of August 2019, unchanged from the end of August 2018 and still a record low for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The dollar value of all home sales in August 2019 was $137 million, up 8.9% from the same month in 2018. This was not only a new record for the month of August, but it was also actually the largest dollar value of homes sold in any month in history.
Sales of all property types numbered 418 units in August 2019, an increase of 17.1% from August 2018. The total value of all properties sold was $168.3 million, rising 14.3% from August 2018.
Pets feel the stress of moving just like any other family member.
When you move, it’s important that your pets feel relaxed and content. Here are a few tips to help ensure your move goes smoothly:
- List It – Create a detailed checklist to help avoid any last-minute stress that your pets may pick up on.
- Vet the Vet – If you’re moving out of town, ask your vet for a referral and make sure to update your pet’s tags and microchips with your new contact details.
- Old Habits – Stick to their usual routine as much as possible before, during and after the move to help keep their anxiety at bay.
- Keep Calm – Have someone look after your pets on moving day but if that’s not possible, set them up in a quiet room to help keep them calm.
- Doggie Bag – Prepare a well-marked and easily accessible overnight bag with everything you need to help keep your pets happy and relaxed.
- Changing Room – Cats especially don’t like change so once you’re in your new home, set up a room with all their familiar essentials so they can slowly get used to their new surroundings.
Once you’re all moved in, give your pets lots of extra TLC to help calm their frayed nerves! Also, don’t forget to pet-proof your new home and do a quick sweep to make sure there aren’t any poisonous pest control traps left lying around by the previous owners.
Frozen grapes make a refreshing snack that curb candy cravings!
Frozen grapes are a natural healthy food choice that contain potassium, pectin and vitamin C. The best part is they’re a cinch to prepare! Here’s all you need to do:
- pull the grapes from their stems
- wash and pat dry with a paper towel
- place on a cookie sheet and freeze
Frozen grapes are like mini popsicles without the artificial ingredients! You can even use them as ice cubes in your summer drinks to help fancy things up without watering them down. Enjoy!
Those “back to school” days are right around the corner!
Adjusting to “back to school” mode can be a breeze if you prepare in advance and set up a regular routine. Here are a few tips that will help make the transition a little easier:
- Back to Bedtimes – Your little night owls will benefit from having bedtimes rolled back a few weeks before school starts.
- Post It – Designate a central “information station” where schedules are posted and school notes can be processed.
- Chore Change – Responsibilities may need to be adjusted depending on the types of chores and the new morning routine.
- Preplan – Get in the habit of doing as much as you can the night before. The morning routine will be much smoother if you lay out clothes and make lunches in advance.
- Child Support – Returning to school is an emotional adjustment for children so help them stay positive and ensure you’re around to help put them at ease.
Back to school doesn’t have to be about forgotten lunches, unlabelled belongings and lost permission slips. With a little organization and planning, you’ll be able to enjoy the rest of the summer knowing that September will be smooth sailing.