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.
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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.