Monthly Market Update: September 2021

Faris Team CEO and Broker, Mark Faris, says that home sales were down this September compared to last, and average home prices are up once again. This indicates that any homes on the market are still in hot demand, and therefore are selling faster.

Find out how the market performed in Barrie

3 Market Trends in September 2021:

1. Home sales are down

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

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $829k, up 26.4%.

3. Average days on market

• The average days to sell is down from 26 days in September 2020, to just 21 days.

Find out how the market performed in Midland

3 Market Trends in September 2021:

1. Home sales are down

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

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $724k, up 29.7%.

3. Average days on market

• The average days to sell is down from 30 days in September 2020, to just 25 days.

Find out how the market performed in Collingwood

Market Trends in September 2021:

1. Home sales are down

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

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $902k, up 26.4%.

3. Average days on market

• The average days to sell remains the same from September 2020, at just 31 days.

Find out how the market performed in Orillia

3 Market Trends in September 2021:

1. Home sales are down

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

2. Home values are stronger than ever

• Sellers saw gains in home sale prices with an average sale price of $811k, up 15.2%.

3. Average days on market

• The average days to sell is down from 33 days in September 2020, to just 31 days.

Find out how the market performed in Newmarket 

3 Market Trends in September 2021:

1. Home sales are down

• With not enough inventory on the market, there’s been a dip 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 27.4%.

3. Average days on market

• The average days to sell is down from 13 days in September 2021, to just 9 days.

Find out how the market performed in Vaughan 

3 Market Trends in September 2021:

1. Home sales are down

• With not enough inventory on the market, there’s been a dip 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 22.2%.

3. Average days on market

• The average days to sell is down from 19 days in September 2020, to just 15 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.

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

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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.