March Market Update 2021/ 2020
Faris Team CEO and Broker, Mark Faris, says March 2021 gained momentum quickly after the early start to spring market, and in some areas sales doubled.
Watch below to see exactly how the market performed in March.
3 Market Trends in March 2021:
1. Sales skyrocketed across all areas
- Collingwood and area sales more than doubled.
2. Inventory got a boost
- More new listings finally arrived in most areas, but inventory was scarce in Barrie – down more than 50%.
3. Home prices reflect market demand
- Even with average sales prices on the rise, sellers are getting well over 100% of asking price.
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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.