Blog

The spring market has arrived and with it we’ve seen 120% increase in Active Listings compared to 2022. Over 200 properties were sold in our community during March proving that there are plenty of opportunities for both Buyers and Sellers alike. The average sale price is down 15% compared to 2022 however, worth noting that compared to pre pandemic numbers, we’re still seeing a 61% increase.

In our local communities, we saw prices not to much lower than last year with just a 4% drop in Midland. However, in Penetanguishene, we saw a healthy 22% sale price increase with the average home selling for more than $828,000. In Tiny despite seeing a decrease, the average home is still lingering around the $1 Million mark. Also in Tiny we saw a huge 236% in active listings. There’s lots of opportunities for everyone so give us a call today!

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 April 10th, 2023, data gathered by the Ontario Collective based on March 2022 vs March 2023.

The spring market is just around the corner and we’re already seeing signs that it’s going to be a great market for Buyers and Sellers with lots of activity. However, looking back on February, we saw a 28% decrease in sales activity compared to 2022 with just over 100 properties sold across our region. Staying in line with the last 6 months of 2022, active listings continued to surge, across our communities we saw 212% rise in active listings. There’s lots of opportunities for Buyers right now as we’re seeing so many new listings and at the same time, property sales slowed down last month.

In our local communities, we saw sale price decreases in Midland, Penetang and Tay but a large increase in Tiny as the $1 Million mark was broken again, much like it was during most of 2022. However, it’s important to note that there were limited sales to base this information off – Sales Activity was down almost 54% across the region with only 30 sales in our communities. As we compare this to the start of March and look to the spring market, we expect a re-balancing of the market to continue with more opportunities for buyers but also attractive sales prices for sellers.

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 March 3rd, 2023, data gathered by the Ontario Collective based on February 2022 vs February 2023.

One last look back at 2022 as we take in the December Market Stats. We saw a large decrease in sales activity where December sales were down 48% compared to 2021. For a few months in a row now, active listings continued to surge, across our communities we saw 349% rise in active listings. There’s lots of opportunities for Buyers right now but don’t forget that seller’s are still getting top dollar for their properties. Although prices are down (1.7%), it’s important to remember that, year to date, the average sale price is up 7.7% compared to this point last year.

In our local communities, we saw the active listing trends continue, a lot more inventory in Penetanguishene with a staggering 2600% increase and in Tiny with a 507% increase. We also saw large inventory increases in Midland and Tay throughout December. Prices stayed fairly consistent compared to last year with very minimal decreases In Midland, Tiny & Tay. Across our other communities, we saw larger decreases. However, it’s important to note that there were limited sales to base this information off – Sales Activity was down almost 48% across the region. As we head into the new year, we expect a re-balancing of the market to continue with more opportunities for buyers but also attractive sales prices for sellers.

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 January 6th, 2023, data gathered by the Ontario Collective based on December 2021 vs December 2022.

As we get deeper into the holiday season let’s take a look at how the Market is looking. We saw a large decrease in sales activity where November sales were down 29% compared to 2021. For a few months in a row now, active listings continued to surge, across our communities we saw 211% rise in active listings. There’s lots of opportunities for Buyers right now but don’t forget that seller’s are still getting top dollar for their properties. Although prices are down (7.3%), it’s important to remember that, year to date, the average sale price is up 8.1% compared to this point last year.

In our local communities, we saw the active listing trends continue, a lot more inventory in Penetanguishene with a huge 433% increase and in Tiny with a 304% increase. We also saw large inventory increases in Penetang and Tay throughout November. Prices stayed fairly consistent compared to last year with very minimal decreases In Midland. Across our other communities, we saw larger decreases. However, it’s important to note that there were limited sales to base this information off – Sales Activity was down almost 30% across the region. As we head into the new year, we expect a re-balancing of the market to continue with more opportunities for buyers but also attractive sales prices for sellers.

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 December 8th, 2022, data gathered by the Ontario Collective based on November 2021 vs November 2022.

As the leaves fall from the trees, so do home prices across our region, down 11% from this time last year. We saw a large decrease in sales activity where October sales were down 28% compared to 2021. For a few months in a row now, active listings continued to surge, across our communities we saw 145% rise in active listings. There’s lots of opportunities for Buyers right now but don’t forget that seller’s are still getting top dollar for their properties. Although prices are down, it’s important to remember that, year to date, the average sale price is up 9.4% compared to this point last year.

In our local communities, we saw the active listing trends continue, a lot more inventory in Midland with a huge 195% increase and in Tiny with a 150% increase. We also saw large inventory increases in Penetang and Tay throughout October. Prices stayed very consistant compared to last year with very minimal increases and decreases. Whilst house prices still look very attractive to sellers, there are many opportunities for buyers too giving us an interesting market heading into the winter months.

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 4th, 2022, data gathered by the Ontario Collective based on October 2021 vs October 2022.