Faris Team CEO and Broker, Mark Faris, says that the market reported its highest active inventory all year in the month of May. Average sale prices are up across the board, so both buyers and sellers are primed for an already active summer season.
Find out exactly how the market performed across Simcoe County in May.
1. Average sale prices rose again
Midland reported its highest average sale price of 2021
2. Inventory arrived, but cleared quickly
All markets report 18 days or fewer as the average time a property goes from For Sale to Sold
3. Summer season is in full swing
Buyers enjoy more listings, and sellers enjoy strong sale prices
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