The residential real estate market in Chatham-Kent is enjoying a renaissance of sorts recently, with last month being the best September on record in the municipality.
“Resale housing activity remained at historically very strong levels for the second consecutive month in September,” Ron Smith, president of the Chatham-Kent Association of Realtors, said in a media release. “September actually set a new all-time record for the month, and the strength of sales in the last two months has put 2014 on track to see the strongest annual sales figure since 2010.”
According to the association, the average price of homes sold last month was $151,354, relatively unchanged from last year. But 127 homes sold last month, a 61% increase from the same time last year.
