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HomeNewsRecord set for Bancroft area home sales in October

Record set for Bancroft area home sales in October

The Bancroft and Area Association of Realtors is reporting another record month for home sales in the region.

The association says 39 homes were sold in October, which is up 30 per cent year-over-year. President Marilyn Dillon says this is a major rebound for home sales; however one month does not make a trend, so we’ll have to wait and see if the market remains strong through the end of the year.

The average price for a home was just over $240,000, a slight drop from the year before. Homes spent an average of just over three months on the market, down from slightly under five months in 2016.

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