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April 2023 Market Report For Our Communities

Sales activity has begun to stabilize compared to 2022 and now we forward to the next phase of growth and recovery. For the second month in a row, over 200 properties were sold in our community during the month proving that there are plenty of opportunities for both Buyers and Sellers alike. The average sale price is down 4% compared to 2022 however, worth noting that compared to pre pandemic numbers, we’re still seeing a 75% increase.

In our local communities, we saw prices drop across the board. We are still seeing more than 50% increases in Active Listings which is helping the prices continue to even out after the highs of the market in the spring of 2022. In Tiny, despite seeing a decrease, the average home is still lingering around the $1 Million mark. There’s lots of opportunities for everyone so give us a call today!

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today‚Äôs Market.

All data correct as of May 11th, 2023, data gathered by the Ontario Collective based on May 2022 vs May 2023.

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