Centre Wellington’s real estate market remained in balanced territory in July, with softer prices and slower sales. The median sale price declined 4.75% to $800,077, while the average fell 8.53% to $863,856. Sales volume dropped 24.87%, with unit sales down 17.86% to 46 transactions. Inventory grew as new listings rose 25.97% and expired listings increased 33.33%. With a unit sales-to-listings ratio of 47.42%, the market remains balanced, offering opportunities for both buyers and sellers.
