Faris Team CEO and Broker, Mark Faris, says March 2021 gained momentum quickly after the early start to spring market, and in some areas sales doubled.
Watch below to see exactly how the market performed in March.
3 Market Trends in March 2021:
1. Sales skyrocketed across all areas
Collingwood and area sales more than doubled.
2. Inventory got a boost
More new listings finally arrived in most areas, but inventory was scarce in Barrie – down more than 50%.
3. Home prices reflect market demand
Even with average sales prices on the rise, sellers are getting well over 100% of asking price.
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