Monthly Real Estate Market Update December 2021

Monthly Real Estate Market Update December 2021

December 2021 vs. December 2020. The story seems to keep on going in the same direction. The value of properties keeps going up and units sold vs Last year are down, as much as 50% in some markets. All of these communities saw a huge increase in average sale price and declines in units sold vs Last year.

Last month, year-over-year, housing prices were up double digits in all of these communities. 23.5% in Barrie, 37.3% in Bradford, 40.7% in Newmarket, and 14.9% in the Toronto area.

The total units sold were down in all of these communities vs same month last year. Barrie was down 21.7% with 90 units sold, Bradford was down 22.2% with 42 units sold, Newmarket was down 51.2% with 40 units sold and Toronto was down 12.9% with 567 units sold.

Monthly Stats May 2021

Below are listings vs. sales charts, as well as the average prices of homes from December 2012-2021 for the following cities: Toronto, Newmarket, Bradford, and Barrie.

Toronto Listing vs. Sales & Average Sale Price

Newmarket Listing vs. Sales & Average Sale Price

Bradford Listing vs. Sales & Average Sale Price

Barrie Listing vs. Sales & Average Sale Price

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.