11 Jan
Latest on the Real Estate Market & What it Means for You – December 2018
Last month, year-over-year housing prices were up slightly in Barrie and area and Orillia and area, and significantly in Southern Georgian Bay.
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.
Greater Barrie Area (GBA)
- 11% less new inventory than December 2017
- 22% fewer homes sold than December 2017
Southern Georgian Bay
- 38% more new inventory than December 2017
- 23% more homes sold than December 2017
Orillia & Area
- 17% less new inventory than December 2017
- 27% more homes sold than December 2017