One year on since Lockdowns and Restrictions started, the market continues to be red hot in our communities in 2021. Year over year, we saw large spikes in home prices across our region. Compared to last April, we saw a huge 72% increase in sale prices across our communities. In Midland alone, we saw an 85.9% increase in sales prices.
As we still experienced restrictions and lockdowns across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 52% compared to 2020. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
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’s Market.
All data correct as of May 6, 2021, data gathered by the Ontario Collective based on April 2020 vs April 2021.