As Summer transitioned into Fall, we continued to see consistency in the next phase of growth and market recovery. Across our region, we’re seeing increases in New Listings, Active Listings and Average Price month after month. We saw a 2% rise in average listing price and a 6% increase in New Listings – Lots of opportunities for buyers and sellers alike.
In our communities, these trends were also reflected. There were marginal increases and decreases in Tay, Penetang and Midland whilst Tiny saw a huge 38% increase in Sales Price and also a 32% increase in Active Listings. Consistency proves to be the theme this month with the market in a similar position to last year but still seeing improvements as it faces ongoing recovery.
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 10th, 2023, data gathered by the Ontario Collective based on September 2022 vs September 2023.