One year on since Lockdowns and Restrictions started, the market continues to be red hot in Barrie. Year over year, we saw a large spikes in home prices across our region. Compared to last March, we saw a huge 32% increase in sale prices across Barrie. Partly due to the strong market we’re experiencing right now and partly due to downturn in the market last March as the effects of Covid took hold. As we bounced in and out of restrictions and lockdowns across the region, we saw the trend of low inventory continue. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
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 February, we saw a huge 51% increase in sale prices across our communities. In Tiny Township alone, we saw an 88% increase in sales prices
As we bounced in and out of restrictions and lockdowns across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 66% compared to 2020. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
February continued in the same vein as January in Barrie. To begin the year we saw a large 36% increase in sale prices across Barrie when compared to 2020 and February repeated the trick by showing another 36% increase in Sales Prices. As restrictions and lockdowns continued across Simcoe, we saw the trend of low inventory continue.
Active listings are down over 50% compared to 2020. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
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 February, we saw a huge 41% increase in sale prices across our communities. In Tay Township alone, we saw over 65% increase in sales prices.
As we bounced in and out of restrictions and lockdowns across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 74% compared to 2020. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
To begin the year we saw a large 36% increase in sale prices across Barrie when compared to 2020. As restrictions and lockdowns increased across Simcoe, we saw the trend of low inventory continue.
Active listings are down over 68% compared to 2020. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
As we said goodbye to 2020, we welcomed 2021 with massive spikes in home prices across our region. To begin the year we saw a huge 98% increase in sale prices across our communities compared to 2019. In Penetanguishene alone, we saw over 168% increase in sales prices.
As restrictions and lockdowns increased across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 85% compared to 2019. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.
A look back at December 2020 compared to December 2019 and why it’s a great time to list your Property for Sale.
The whole world was happy to see the end of 2020 but we’re not quite done with it yet as we look back on the final month of that last year to have an idea of how the 2021 market could begin.
As we transitioned into the festive period, we saw a big spike in sales prices through December. To round out the year, we saw a massive 34% increase in sales prices across our communities. In Tay Township alone, we saw over 64% increase in sales prices. Even as restrictions and lockdowns increased across Midland, Penetanguishene, Tiny and Tay, we continued to see a very impressive rebound from Covid-19.
The number of sales across our communities saw an increase year over year at 19%. With less homes on the market to start with, this spike in sales leaves us with a big lack of inventory across the region. If you’re looking to sell your home this winter, this is great news for you! Prices are up, interest rates are down and your home faces less competition on the market whilst there is a host of motivated buyers looking to complete their home search!
A look back at October 2020 compared to September 2020 and why it’s a great time to list your Property for Sale.
Halloween has come and gone and we’re now on the countdown to Christmas! The biggest gift this holiday season could very well be the value of your home. As we transition into the winter months, we’re seeing a big spike in sales prices compared to September.
The housing market rebounded very well during the summer months of Covid 19 and we’re optimistic about a strong winter market. This trend has continued into October and we’ve actually seen, on average a 17.93% raise in the sales prices of home sales in Midland, Penetanguishene, Tiny Township and Tay Township.
As to be expected, we did see a drop across our communities in the number of houses sold. The beginning of the fall season, kids returning to school and a change in weather are all examples of why we see this drop year over year. Having said that, sales in Midland stayed true to the number of homes sold in September with just 1 less home sold throughout the month.
The lower amount of properties on the market has seen a big spike across the region for sales prices. Tay Township alone saw a rise in the average price from $428,129 to $619,177 in October.
We are still seeing a shortage of inventory on the market. Bearing in mind that despite there being fewer homes available, there has been an increase in sale prices – this means that it’s a GREAT time to list your property for sale.
Lower inventory and motivated buyers drives the prices of property up and right now, we have both in our community. Now is the perfect time to list your property for sale with For Sale On Georgian Bay.
A look back at September 2020 compared to August 2020 and why it’s a great time to list your Property for Sale.
The housing market in Barrie has continued to rebound during Covid-19 as Barrie saw consistency for both the number of properties sold in September and the Sale Price too. Barrie saw a rise of 3.8% during September 2020 as 329 properties were sold. A small increase on the sale prices too at 0.07% with the average sale coming in $567,916 compared to $567,469 of August.
Simcoe County (Excluding Barrie) saw a small raise for sales prices at $656,752 – that’s a 0.96% increase compared to August.
Large numbers of properties were sold across Simcoe, with just over 700 homes being sold. Despite the large volume of homes sold, we did see 10.91% decrease compared to the 788 homes sold in August.
All this points to it being a great time to sell you home, there are clearly motivated buyers out there, home prices are trending upwards and there’s been a small drop in inventory so you’ll face less competition on the market.
A look back at August 2020 compared to August 2019 and why it’s a great time to list your Property for Sale.
The housing market in Barrie has continued to rebound during Covid-19 as Barrie saw large increases year over year for both the number of properties sold in August and the Sale Price too. Barrie saw a rise of 42.9% during August 2020 as 320 properties were sold. A nice increase on the sale prices too at 15.7% with the average sale coming in $567,469 compared to $490,466 of 2019.
Simcoe County (Excluding Barrie) saw even bigger raises for sales prices at $660,128 – that’s a 59.8% increase compared to 2019.
Large numbers of properties were sold across Simcoe, with just under 800 homes being sold. Compare this with last year in August when 500 homes were sold, that’s an increase of 31.5%.
All this points to it being a great time to sell you home, there are clearly motivated buyers out there and home prices are trending upwards.
