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Barrie Market Report For October 2024

October’s statistics reveal a market that is maintaining its upward momentum. The combination of rising prices, increased inventory, and consistent sales activity is creating a healthier market dynamic where both buyers and sellers can thrive. As we hurtle towards the Winter season, we anticipate this balanced trend to continue.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

Stats are correct as of November 28th. Based on October 2023 v October 2024

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October 2024 Market Report For Our Community

Across the region, we saw gains in all the important categories this month. Increases included; Active Listings, Sales Activity and Average Price. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings seeing a bump.

In our communities we saw a mixed bag for Average Price with 3 decreases and 2 increases. However, Active Listings were up in Midland, Penetang, Tiny & Tay whilst we saw huge increases in sales across the board. A huge 133% increase in Springwater, 79% in Midland and 67% in Penetanguishene. October showed us a strong market for both Buyers and Sellers and we experienced a busy month in the market.

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 November 26th, 2024, data gathered by the Ontario Collective based on October 2023 vs October 2024.

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Tips For Selling Your Home During The Holidays

The holiday season may be the most wonderful time of the year, but is it the right time to sell your home? Surprisingly, there are several advantages to listing your home during this festive period. Selling from November through December is a unique experience compared to the summer market. Here are some top tips for listing your home during the holidays.

1. Prioritize Curb Appeal

While the holidays can bring beautiful winter scenery, they can also mean darker skies and bare landscapes. Make sure your home’s exterior is clean, clutter-free, and welcoming. Keep walkways salted and clear of ice and snow to ensure safe visits for potential buyers.


2. Use Professional Photography and Videography

With colder weather, buyers tend to be more selective about which homes they’ll brave the elements to visit. High-quality professional photos and videos will make your home stand out online and help buyers see its best features before stepping out in the cold.


3. Decorate, but Keep It Simple

Some sellers hesitate to list in December because they feel they can’t fully enjoy holiday decor. While it’s still your home to celebrate in, remember it’s also a product for sale. Aim for festive yet neutral decor to help buyers imagine their own celebrations in the space.


4. Choose an Experienced Real Estate Team

If you’re selling during the holidays, there’s likely a strong reason, whether it’s for a job relocation, a growing family, or other personal needs. Working with your local real estate experts, ‘For Sale On Georgian Bay’ means that you aren’t just working with a Realtor who knows the market well, but also a Realtor that will be with you every step of the way. You don’t want someone who will disappear (like the Ghost of Christmas past!) when you need them most.


Why List Your Home During the Holidays?

  • Reduced Competition: Fewer homes are on the market in winter, so you’re likely to face less competition.
  • Motivated Buyers: Winter buyers tend to be serious, often coming out in challenging weather because they genuinely intend to purchase.
  • Year-End Timing: Many buyers seek a fresh start in the new year, creating a sense of urgency that could result in a quicker sale.

Thinking about listing your property in the coming weeks? Contact us to learn more about your property’s value and plan your holiday season sale.

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Barrie Market Report For September 2024

September’s statistics reveal a market that is maintaining its upward momentum. The combination of rising prices, increased inventory, and consistent sales activity is creating a healthier market dynamic where both buyers and sellers can thrive. As we head further into the fall season, we anticipate this balanced trend to continue.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

Stats are correct as of October 23rd. Based on September 2023 v September 2024

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September 2024 Market Report For Our Communities

Across the region, major gains in all the important categories this month. Increases included; Active Listings, Sales Activity and Average Price. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings seeing a bump.

In our communities we saw large increases for Average Price and Active Listings in both Midland and Penetang whilst more modest increases appeared in Springwater. Penetanguishene saw a 112% increase in Active Listings. Midland showed a 17% increase and Penetanguishene a 21% in Average Prices. September showed us a strong market for both Buyers and Sellers and we experience a busy beginning to the Fall Market.

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 October 22nd, 2024, data gathered by the Ontario Collective based on September 2023 vs September 2024.

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Selling This Fall Doesn’t Have To Be ‘Scary’

Halloween is just around a month away! However, that doesn’t mean you have to be ‘SCARED’ to sell your home this Fall. In fact, now is a great time to list your home for sale. We’ve compiled 4 ‘Tricks’ that will help you enjoy all the ‘Treats’ of a Fall Sale! 

THE MARKET IS STILL STRONG!
Sale prices are up across our community and properties are selling on average in 1 Month right now. Interest Rates continue to drop and now is the time to move to be home for the Holidays.

MOTIVATED BUYERS
We have motivated buyers that want to be in their new home for Winter and the Holidays. The Leaves are falling and these buyer’s dream homes are calling! Buyers are in decision making mode!

LESS COMPETITION
It’s not always the best decision to list your home during the most popular selling seasons. Right now, there are fewer new properties on the market meaning you’ll have less competition – which can pay off big time!

CURB APPEAL
Take advantage of the season by dressing up your home with warm, fall coloured plants, decorative door wreaths and seasonal items like Pumpkins.

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Barrie Market Report For August 2024

August statistics reflect a market that is balancing itself after a period of heightened activity. With active listings growing and inventory levels rising, buyers are benefiting from more choices, while sellers are still experiencing stable demand. This equilibrium is helping to create favourable conditions for both sides of the market.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

Stats are correct as of September 25th. Based on August 2023 v August 2024

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August 2024 Market Report For Our Communities

Across the region, we’ve seen up and downs in all the major categories this month. Increases included; Active Listings and Average Price, whilst decreases included Sales Activity and New Listings. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings seeing a bump.

In our communities we saw an decrease across the board in Sales Activity with the largest decrease being in Penetanguishene with 54%. Also across the board in our communities we saw an increase in Active Listings with the largest increase coming in Penetanguishene at 77%, we did see very small decreases in Tay and Springwater of -3% and -1%. We also saw a rise in Average Price in the majority of local communities with the biggest being in Springwater with 29%. August showed us a strong market for both Buyers and Sellers and we anticipate a busy beginning to the Fall Market.

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 September 23rd, 2024, data gathered by the Ontario Collective based on August 2023 vs August 2024.

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Barrie Market Report For July 2024

The July statistics demonstrate the resilience of Simcoe County’s real estate market. While we see slight decreases in month-over-month sales and prices, the year-over-year growth in sales and new listings highlights the ongoing demand and stability in the region.

The increase in active listings is providing buyers with more opportunities, and we expect this balanced market to continue offering favourable conditions for both buyers and sellers.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

Stats are correct as of August 27th. Based on July 2023 v July 2024

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July 2024 Market Report For Our Communities

Across the region, we’ve seen increases in all the major categories this month. Increases included; Sales Activity, New Listings, Active Listings and Average Price. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings and New Listings both seeing a bump.

In our communities we saw an increase across the board in Average Price with the largest increase being in Tay Township with 30%. Also across the board in our communities we saw an increase in Active Listings with the largest increase coming in Penetanguishene at 53%. We also saw a rise in Sales Activity in the majority of local communities with the biggest being in Tay with 50%. July showed us a strong market for both Buyers and Sellers and we anticipate a busy end to the Summer Market as look towards the Fall. 

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 August 14th, 2024, data gathered by the Ontario Collective based on July 2023 vs July 2024.