THE CHATHAM VOICE
THURSDAY, FEBRUARY 28, 2019
PAGE 7
Residential, Commercial and Farm Mortgages! 519-351-SAVE Our Family Taking Care of Your Family
THURSDAY, FEBRUARY 28, 2019
Home sales, prices up in January The Chatham Voice
January was a hot month at least for real estate sales in Chatham-Kent, as sales rose more than 55 per cent from January 2018. According to the Chatham-Kent Association of Realtors, 73 units changed hands in January. “Home sales came flying out of the gate to begin 2019, with January sales actually building even further on December’s big gain,” said Steve Carroll, president of the Chatham-Kent Association of Realtors, in a media release. “It was the second-best January sales figure
on record, behind the year 2007; however, unlike in December there was no accompanying jump in new listings in January. With more of that activity coming out of existing inventory, overall supply and the number of months of inventory are testing fresh all-time lows, which means it could be another big year for home prices in the region.” The average price of homes sold in January 2019 was $216,704, jumping 23.1 per cent from January 2018. There were 96 new residential listings in January 2019. While this was an increase of 10.3 per cent (nine listings) on a year-over-year basis,
it was still one of the lowest levels on record for the month. Active residential listings numbered just 182 units at the end of January – a record low for this time of the year. It was down nine per cent from the end of January 2018. Months of inventory numbered just 2.5 at the end of January 2019, down from the 4.3 months recorded at the end of January 2018 and 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.
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Houses sold for an average price of nearly $217,000 in January in Chatham-Kent.
CALLING ALL FARMERS
for DOVER and RALEIGH townships
Andrea Okopny
Cell:
Peifer Realty Inc.
519-359-2482
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Res:
519-354-4714
154 Semenyn, Unit 21
Saturday, March 2 • 12-2pm Sunday, March 3 • 1-3pm
LOO KING FOR FARMLAND? 6360 Grande River Line, +/- 73 workable acres
Please call Catie to discuss details and listing price. BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Office: 519-354-5470 Fax: 519-354-5474
Catie Hawryluk
Sales Rep 519-809-4268
Open House Saturday, March 2, 1-3pm
This Week’s Open Houses
1-3pm 1-3pm 12-2pm 1-3pm 1-3pm 1-3pm 1-3pm 12-2pm 1-3pm 1-3pm 1-3pm
Thursday, February 28 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty Friday, March 1 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty Saturday, March 2 154 Semenyn, Unit 21, Chatham ...........................Andrea Okopny, Royal LePage Peifer Realty 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty 104 Windfield, Chatham, $436,000........................Kelly-Anne Appleton, Royal LePage Peifer Realty 26 Molengraaf Way, Chatham, $549,900 ...............Penny/Elliot Wilton, Royal LePage Peifer Realty Sunday, March 3 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty 154 Semenyn, Unit 21, Chatham ...........................Andrea Okopny, Royal LePage Peifer Realty Monday, March 4 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty Tuesday, March 5 17 Renaissance, Chatham .....................................Maple City Homes/Royal LePage Peifer Realty Wednesday, March 6 17 Renaissance, Chatham ......................................... Maple City Homes/Royal LePage Peifer Realty
Open House
Come and view this move-in ready immaculate low maintenance freehold townhouse on a private end lot featuring two-three bedrooms and three baths. This home is in lovely Spruce Crossing. Great room with wall of windows, high cathedral ceiling and gas fireplace. The dining area is an extension of the huge kitchen perfect for entertaining family and friends. Lovely master bedroom with en-suite and walk-in closet plus 2nd bedroom with abutting bath and a bonus finished lower level with family room and third bath. Your next home awaits.
6269 Riverview Line, +/- 36 workable acres
Peifer Realty Inc.
Sales Rep. Bus. 519-354-5470
Peifer Realty Brokerage Independently Owned & Operated
121 Elizabeth St., Blenheim Cute 1 bedroom, 1 bath bungalow on a dead end street with attached workshop. $88,500.
26 Molengraaf Way, Chatham
42 Talbot St. W., Blenheim
Stunning 4BR, 2 bath oversized raised ranch. Custom kitchen, double garage, quality workmanship and premium finishes throughout. $549,900.
Penny Wilton, Broker
FOR LEASE
519-676-5444 519-360-0315
Elliot Wilton, Sales Rep. BEST Reader's Choice
of Chatham-Kent
Cultivating the Best, Shore to Shore
BEST Reader's Choice
5 Hyland Drive, Blenheim Modern office complex totaling 6300 198 Stanley St., Blenheim Sq. Ft. Separate offices as well as 3 BR home with 2 living spaces, updat- plenty of work stations, conference ed kitchen & double detached garage room, meeting room, kitchen and in a great neighbourhood. $249,900. more! Call Now!
of Chatham-Kent
Cultivating the Best, Shore to Shore
519-358-8755