Another month goes by and we continue to see increases in sales prices across our communities, this incredible market just keeps on going. Year over year, we saw large spikes in home prices across our region. Compared to last June, we saw a huge 50% increase in sale prices across our communities. In Tiny alone, we saw an 65% increase in sales prices.
For the first time in a while, year over year, we saw a 11.7% decrease in the volume of sales across the city compared to last June. Properties are Although we started to see restrictions and lockdowns lifted across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 41% 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 July 9, 2021, data gathered by the Ontario Collective based on June 2020 vs June 2021.