Monthly Real Estate Market Update January 2020

Monthly Real Estate Market Update January 2020

 

Last month year-over-year housing prices were up across our communities: approximately 9% in Barrie, 7% in Bradford, 3% in Newmarket, and 12% 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 23% or 129 units were sold, in Bradford 14% or 44 units were sold, in Newmarket approximately 24% or 64 units were sold, and in Toronto approximately 15% or 4,4581 units were sold.

The average sale price was up in January 2020 over January 2019: in Barrie the average sale price was about $503,881, in Bradford the average sale price was bout $740,318, in Newmarket the average sale price was about $816,892, and in Toronto the average sale price was about $839,363.