Monthly Market Update: April 2022

While there have generally been fewer new listings compared to last year, April saw an increase in new listings compared to March 2022, offering more opportunity for buyers. Homes are generally staying on the market a little longer, and home sales are down compared to last year. Overall, this is a great opportunity for buyers who have been waiting for more inventory to surface, while also a very beneficial market for sellers who are still able to see gains on home prices in April.

Find out how the market performed in Barrie and Surrounding Area:

3 Market Trends in April 2022:

1. Home sales are down

• Despite an 11.6% increase in inventory, home sales are down by 46.8% in Barrie and the surrounding area compared to April 2021.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $932K, up 19.5%.

3. Average days on market

• The average days to sell has slowed down slightly from 14 days in April 2021, to 15 days.

Find out how the market performed in Orillia and Surrounding Area:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Orillia and the surrounding area.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $849K, up 8.9%.

3. Average days on market

• The average days to sell has slowed down slightly from 14 days in April 2021, to 15 days.

Find out how the market performed in Midland and Surrounding Area:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Midland and the surrounding area.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $797K, up 11%.

3. Average days on market

• The average days to sell has slowed down from 13 days in April 2021, to 20 days.

Find out how the market performed in Collingwood and Surrounding Area:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Collingwood and the surrounding area.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $1M, up 21.7%.

3. Average days on market

• The average days to sell is down from 25 days in April 2021, at just 19 days.

Find out how the market performed in Alliston and Surrounding Area:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a dip in home sales in Alliston and the surrounding area.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $1.1M, up 22.8%.

3. Average days on market

• The average days to sell has increased from 13 days in April 2021, to 15 days.

Find out how the market performed in Huntsville:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Huntsville.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $770K, up 9.3%.

3. Average days on market

• The average days to sell have increased from 22 days in April 2021, up to 69 days.

Find out how the market performed in Newmarket:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Newmarket

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $1.2M, up 16.4%.

3. Average days on market

• The average days to sell has remained the same from April 2021, at 10 days.

Find out how the market performed in Vaughan:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Vaughan.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $1.4M, up 5.2%.

3. Average days on market

• The average days to sell has gone down from 12 days in April 2021, to just 11 days.

Find out how the market performed in Toronto:

3 Market Trends in April 2022:

1. Home sales are down

• With not enough inventory on the market, there’s been a decrease in home sales in Toronto.

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $1.2M, up 15%.

3. Average days on market

• The average days to sell has increased from 11 days in April 2021, up to 12 days.

Want to know what this means for you as you consider buying or selling a home? We’re here to make your experience stress-free.

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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.