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As we entered the new year, there were many questions we faced. Will the market continue? Will prices keep going up? In January, we saw active listings are down 5% compared to 2021. Inventory is still incredibly low – down more than 79% compared to pre pandemic numbers. With less options on the market, we continue to see house prices rise as the new average house price sits at $996,345 – up around 36%. The first indication of the new year is that these trends look to continue. 

Across our communities, we saw these trends continue. Tay’s average price rose 60% compared to last year whilst Penetang and Tay’s average price edged over 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 February 11, 2022, data gathered by the Ontario Collective based on January 2021 vs January 2022.

This month’s data showed a decline in sales year-over-year, down 24% compared to last December. However, the price of residential units sold continued to rise, now sitting at $854,437 which is a 29% rise compared to last year. 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 29% with the average sale clocking in at more than $948k for 2021 – a new record. Active residential listings numbered 136 units on the market at the end of December, a considerable drop of 42% from the end of December 2020. Active listings haven’t been this low in the month of November in more than 25 years.

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 January 11, 2022, data gathered by the Ontario Collective based on December 2020 vs December 2021.

Christmas has come and gone and 2022 is full swing. Looking back on last year, we saw an incredibly strong Sellers market. Firstly, focussing on December, across the region we saw 116 sales logged which was down 23% on this time last year, most likely due to the real lack of inventory on the market. In December, we saw active listings are down 13% compared to 2020. Inventory is still incredibly low – down more than 82% compared to pre pandemic numbers. This has continued the 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 $823,520 – up around 26%. As we transition through winter and into the new year, buyers will become even more motivated so expect to see prices continue to rise. 

Across our communities, we saw these trends continue. Tiny’s average price rose 63% compared to last year whilst Tay’s average price edged towards the $600k mark at $598k. 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 January 11, 2022, data gathered by the Ontario Collective based on December 2020 vs December 2022.

This month’s data showed a decline in sales year-over-year, down 17% compared to last November. However, the price of residential units sold continued to rise, now sitting at $836,147 which is a 39% rise compared to last year. 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 32% with the average sale clocking in at more than $787k. Active residential listings numbered 241 units on the market at the end of November, a considerable drop of 39% from the end of November 2020. Active listings haven’t been this low in the month of November in more than 25 years. Active listings were 68% below the five-year average. 

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 December 15, 2021, data gathered by the Ontario Collective based on November 2020 vs November 2021.

Christmas is just around the corner and as we look back on 2021, we’ve seen another strong seller’s market. Focussing on November, across the region we saw 214 sales logged which was down 3.6% on this time last year and down 17% compared to 2019. After seeing a slight rise in October, active listings are down 22% compared to 2020. Inventory is still incredibly low – down more than 76% compared to pre pandemic numbers. This has continued the 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 $798,340 – up around 17%. As we move towards the new year, buyers will become even more motivated so expect to see prices continue to rise. 

Across our communities, we saw these trends continue. Midland’s average price rose 32% compared to last year whilst Tiny’s average price edged towards the $900k mark at $846k. 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 December 15, 2021, data gathered by the Ontario Collective based on November 2020 vs November 2021.

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 28% with the average sale clocking in at more than $770k. Active residential listings numbered 329 units on the market at the end of October, a considerable drop of 36.4% from the end of October 2020. Active listings haven’t been this low in the month of October in more than 25 years.

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 November 15, 2021, data gathered by the Ontario Collective based on October 2020 vs October 2021.

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.

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.