Monthly Real Estate Market Update April 2020

Monthly Real Estate Market Update April 2020

 
Monthly Real Estate Market Update April 2020

Last month year-over-year housing prices were up across our communities: approximately 9% in Barrie, 11% in Bradford, 9% in Newmarket, and less than 1% in the Toronto area.

If you’re looking to sell your home, the number of homes sold is a good sign of how the market performed: in Barrie approximately 56% or 98 units were sold, in Bradford 68% or 22 units were sold, in Newmarket approximately 59% or 42 units were sold, and in Toronto approximately 67% or 2,975 units were sold.

Monthly Real Estate Market Update May 2020

The average sale price was up in April 2020 over April 2019: in Barrie the average sale price was about $529,577, in Innisfil the average sale price was bout $568,470, in Bradford the average sale price was about $774060, and in Newmarket the average sale price was about $810,818.

Monthly Real Estate Market Update May 2020

Showing activity in the Simcoe Country continues to increase. From the 2nd week of April, there were only about 19% or 155 showings compared to the 1st week of May, which is up about 20% or 329 showings.

Simcoe Showing Activity

Want to know what this means for you? Our real estate agents are here to help. Call or text us today at (905) 252 8599, or send us an email at curtis@curtisgoddard.ca.