real estate market update
05 Apr

Latest on the Real Estate Market & What it Means for You – March 2019

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Last month, year-over-year housing prices were up 3.6% in the Greater Barrie Area, down nearly 2% in Southern Georgian Bay and just over 10% in Orillia and Area.

Want to know what this would mean for your family if you decide to buy or sell a home?

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If you’re house-hunting, the number of new homes on the market is a good indication of much inventory you’ll have to choose from. If you’re selling a home, the number of homes sold is a good indicator of how the market performed and whether the average sale price is up or down over the same time last year.

what is the average house cost in Barrie

Greater Barrie Area (GBA)

  • Average selling price is up 3.6%
  • 11.5% less new inventory than March 2018
  • 17.5% more homes sold than March 2018

what is the average house cost in midland

Southern Georgian Bay

  • Average selling price is down 1.9%
  • 21% more new inventory than March 2018
  • 7.6% more homes sold than March 2018

what is the average house cost in Orillia

Orillia & Area

  • Average selling price is down 10.1%
  • 57% more new inventory than March 2018
  • 27% more homes sold than March 2018

 

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