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24 Sep

Weekly Market Update September 13-19

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Faris Team CEO and Broker, Mark Faris, says this week saw a bump in new listings in most areas which has led to an increase in sold properties. Although a week is a short timeline, it’s good to see a much-needed increase in inventory.

Greater Barrie Area

Compared to the week of September 6-12:

  • Average selling price is $642K, down 2%  
  • 19% more new listings than last week
  • 26% more homes sold
  • List-to-sale ratio is steady at just over 100%


Midland & Surrounding Area

Compared to the week of September 6-12:

  • Average selling price is $600K, up 7%  
  • 17% fewer new listings than last week
  • 9% more homes sold
  • List-to-sale ratio is up to 101.8%


Orillia & Surrounding Area

Compared to the week of September 6-12:

  • Average selling price is $725K, up 4%  
  • 17% more new listings than last week
  • 34% more homes sold
  • List-to-sale ratio is down slightly to 99.4%


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 1-888-444-9533, send us an email or schedule an in-person or Virtual Appointment.

There’s absolutely NO OBLIGATION. Consultations with our team of experts are 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.

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