Updated 10 February 2021
These prices are sourced from Realtor reports as available on the Internet. The numbers reported are the average of all sales, not the median and not the MLS Home Price Index (HPI). It will be updated monthly when numbers are available. Prices for West Northumberland are shown as a proxy for Cobourg.
Note re big jump in prices: Since average prices are given, the mix is important. For example, if more high end houses are sold than usual, averages would be higher than usual. Erin Brown of the Northumberland Hills Association of Realtors says that a more useful measure of House prices is the MLS Home Price Index (HPI) which puts January’s price at $572,200, rising 32% compared to January 2020.
43 units were sold in January in West Northumberland – this is 17.3% lower than January 2020.
As usual, click the image to enlarge.