Garden Bay House Market Report – October 2021

In October 2021, the Garden Bay house real estate market is classified as a Balanced Market with an absorption rate of 15%. The market in Garden Bay is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

3 house properties sold in Garden Bay during October 2021 based on MLS® records. There were 20 active listings at the start of the month. A total of 1 new listings came to market during the month.

The average house sold price in Garden Bay in October 2021 was $958,500. Sold prices ranged from $632,500 to $1,600,000. Data is sourced from MLS® board records.

In October 2021, house properties in Garden Bay averaged 28 days on the market before selling. With an absorption rate of 15%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Garden Bay in October 2021 was $958,500, down 1.7% year-over-year compared to October 2020 ($975,000). Sales volume was up 50% compared to the same month last year. Data is sourced from MLS® sold records.