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September 2021 Market Report For Barrie

Once again, this month’s data showed a decline in sales year-over-year and month-over-month. However, the price of residential units sold continued to rise in both categories. This evidences that, the supply of homes still cannot keep pace with the demand right now.

Year over year we’re seeing a raise in Sale Prices of over 35% with the average sale clocking in at more than $779k. As prices rise and the theme of low inventory continues, 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 October 12, 2021, data gathered by the Ontario Collective based on September 2020 vs September 2021.

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September 2021 Market Report For Our Communities

During September, we saw Fall officially begin but what did that mean for the market? Across the region we saw 154 sales logged which was down 21% on this time last year. This is no surprise since Active Listings are down around 20% continuing 2021 theme of low inventory. With less options on the market, we continue to see house prices rise as the new average house price sits at $775,386 – up around 26%.

Across our communities, we saw these trends continue. Tay’s average price rose 53% compared to last year whilst Tiny’s average price edged towards the $1m mark at $916k. With low competition, it’s still a great 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 October 8, 2021, data gathered by the Ontario Collective based on September 2020 vs September 2021.

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August 2021 Market Report For Barrie

This month’s data showed a decline in sales year-over-year and month-over-month. However, the price of residential units sold continued to rise in both categories. This evidences that, while the demand for homes is decreasing, the supply of homes still cannot keep pace with the demand right now.

Year over year we’re seeing a raise in Sale Prices of almost 30% with the average sale clocking in at more than $748k. As prices rise and the theme of low inventory conutnues, 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 September 13, 2021, data gathered by the Ontario Collective based on August 2020 vs August 2021.

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August Market Report For Our Communities

We’ve celebrated Labour Day and the Kids are heading back to school, but what has the end of summer market looked like? Across the region we saw 169 sales logged which was down 17% on this time last year. This is no surprise since Active Listings are down around 30% continuing 2021 theme of low inventory. With less options on the market, we continue to see house prices rise as the new average house price sits at $802,198

Across our communities, we saw these trends continue. Midland’s average price rose 49% compared to last year whilst Tiny’s average price broke the $1m mark. With low competition, it’s still a great 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 September 7, 2021, data gathered by the Ontario Collective based on August 2020 vs August 2021.

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July Market Report For Barrie

Compared to last July, we saw a huge 36% increase in sale prices across Barrie. Records were shattered again as we the pass the $700k average sold price in Barrie for 4 months in a row with July clocking an impressive $732k average.

We’ve seen a shift in the market during July. For the second month in a row, year over year, we saw a decrease in the volume of sales across the city, a 32% decrease in July. Active listings continue the with the theme of being down. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.

All data correct as of August 10, 2021, data gathered by the Ontario Collective based on July 2020 vs July 2021.

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July Market Report For Our Communities

Life has gone back to normal a little over the last month, pair that with the beautiful summer we’re having and we’ve seen a small shift in the market. Compared with last July, the number of sales across our community dropped by 23%. In Midland we did see a rise of 27% of New Listings hitting the market throughout July. Less sales and more listings haven’t slowed the high prices that we’ve been seeing over the last year – across our communities we’ve seen a 35% increase with an average price of $668,438.

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 37% compared to 2020. With low competition, it’s still a great 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 August 10, 2021, data gathered by the Ontario Collective based on July 2020 vs July 2021.

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June Market Report In Our Communities

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.

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June Market Report For Barrie

Compared to last June, we saw a huge 34% increase in sale prices across Barrie. Records were shattered as we the pass the $700k average sold price in Barrie for 3 months in a row with June clocking an impressive $747k average.

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 still not sitting on the market for long, we continue to see the average days on market per listing drop. 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.

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May Market Report For Barrie

Compared to last May, we saw a huge 37% increase in sale prices across Barrie. Records were shattered as we the pass the $700k average sold price in Barrie for 2 months in a row with May clocking an impressive $793k average.

This May, we saw an 52% increase in the volume of sales across the city compared to last May. As properties are not sitting on the market for long, we saw the average days on market per listing drastically drop. Properties are selling 40 days quicker than this time last year. 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 June 10, 2021, data gathered by the Ontario Collective based on May 2020 vs May 2021.

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May Market Report In Our Communities

This time last year, the market was getting used to all the covid restrictions and was repsonding well, but a year on – the market is hotter than ever! Year over year, we saw large spikes in home prices across our region. Compared to last May, we saw a huge 51% increase in sale prices across our communities. In Tiny alone, we saw an 84% 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 50% 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 June 5, 2021, data gathered by the Ontario Collective based on May 2020 vs May 2021.