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Real estate board reports record month of January

Home prices, residential sales and residential listing numbers have all increased on a year-to-year basis
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The Timmins, Cochrane and Timiskaming District Association of Realtors reports that January home sales are up from December. The total dollar value of all home sales in January was $13.2 million, setting a new record for the month of January.

In January 2020:

  • 79 residential units were sold
  • $166,973 was the average price of homes sold
  • 156 new residential listings were posted

To compare, in December 2019:

  • 52 residential units were sold
  • $160,483 was the average price of homes sold
  • 97 new residential listings were posted

To compare, in January 2019:

  • 59 residential units were sold
  • $145,099.53 was the average price of homes sold
  • 134 new residential listings were posted

For more information on Timmins, Cochrane and Timiskaming District real estate statistics for the month of January, click here.