February 10, 2021:

January Market Update 2021/ 2020

Faris Team CEO and Broker, Mark Faris, says January 2021 was a record-breaking month, and active listings reached historical lows. Watch below to see exactly how the market performed in January.

Real estate remains essential to service those who need to move. If you’re in the market to buy or sell at this time, we’re here to help and go full out® for you.

3 Market Trends in January 2021:

1. Inventory is down:

  • 73% in Barrie

  • 73% in Orillia

  • 86% in Midland

2. Months of inventory is low

  • More new listings are coming on the market, but sales are happening just as fast.

3. Demand

  • We have many clients who need to move and they’re looking for a home like yours.

Want to know what this means for you as you consider buying or selling a home? We’re here to help and go full out for you®.

Call us today at 1.888.918.6570, send us an email or book an appointment.

There’s absolutely NO OBLIGATION. Consultations with our team of experts are FREE.

While the information contained in this site has been presented with all due care, Faris Team assumes no responsibility or liability for any errors or omissions.

Related Posts

  • August 22, 2022:

    Monthly Market Update July 2022/2021

  • February 17, 2022:

    Monthly Market Update January 2022

  • January 26, 2022:

    Monthly Market Update: December 2021