Orillia real estate market update Tag

jan-1-8

15 Jan Weekly Market Update January 1-8

Faris Team CEO and Broker, Mark Faris, says that the week of Christmas was seasonly quiet on the market, resulting in dramatic increases in most stats for the first week of January. Midland and area's average sale price skyrocketed, but due to higher-priced properties selling firm.We're watching the market closely amidst the provincial lockdown, and are operating as an essential service to help those who need to move throughout the pandemic.Stay safe, and remember we're here to help and go full out® for you any way we can.Next week, watch out for our 2020/2019 Year In Review.
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dec6-12

17 Dec Weekly Market Update December 6-12

Faris Team CEO and Broker, Mark Faris, says that although this time of the year tends to report slower sales and fewer new listings, week over week they remain steady. A balance of new listings and sales at this time of the year is healthy for the market, and all indicators point to a solid start for 2021.Your weekly market update will return in two weeks, and look forward to our Year In Review coming mid-January.
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nov2020

11 Dec Monthly Market Update November 2020 vs. 2019

Faris Team CEO and Broker, Mark Faris, says the number of active listings this November is half to one quarter of what was available last year, and other key stats are drastically different than what 2019 delivered.As moving north continues to trend, our populations are growing, and as a result the rental market in Barrie is also in high demand. If you're considering an income property, there are tenants looking.
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nov22-28

03 Dec Weekly Market Update November 22-28

Faris Team CEO and Broker, Mark Faris, says there's been a consistent decrease in sales and new listings across the boards this week, as a result of the seasonal slowdown. Months of inventory stayed somewhat flat in most areas, demonstrating that new listings are being balanced by sales. Barrie and area saw an increase in listings and fewer homes sold, which will make active buyers happy. Specifically, Adjala-Tosorontio saw a slow down in sales as homes with large properties come with higher price tags that generally take longer to sell.
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nov-15-21

26 Nov Weekly Market Update November 15-21

Faris Team CEO and Broker, Mark Faris, says that buyers should take note: even though new listings in Barrie and area are once again down this week, New Tecumseth saw an increase in supply. More inventory gives a margin of breathing room to buyers here as well as in Southern Georgian Bay, where Midland and area markets are also averaging more new inventory than sales in the past week.
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