Weekly Market Update April 8-15

Faris Team CEO and Broker, Mark Faris, says that the theme of mid April is a flood of new listings which is desperately needed this busy spring season.

Along with inventory, home sales are up across all regions which continues to drive a strong seller’s market throughout Simcoe County.

Barrie & Area

Compared to the week of April 8-15:

• Average selling price:⬇︎3%

• New listings:⬆︎52%

• Homes sold:⬆︎ 42%

• List-to-sale ratio: ⬇︎1.7%

Midland & Surrounding Area

Compared to the week of April 8-15:

• Average selling price:⬆︎3% 

• New listings:⬆︎20%

• Homes sold:⬆︎50%

• List-to-sale ratio:⬇︎4.4%

Orillia & Surrounding Area

Compared to the week of April 8-15:

• Average selling:⬆︎0.01%

• New listings:⬆︎132% 

• Homes sold:⬆︎53%

• List-to-sale ratio:⬇︎2.2%

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.

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.