Barrie Real Estate Update: May 11, 2020

Barrie Market Update |

Welcome back to The Barrie Real Estate Update, with the latest numbers from last week!

๐Ÿ‘‡Here’s a quick overview, but take 3 minutes to check out the video with Mike for more context.

๐Ÿข๐—–๐—ผ๐—ป๐—ฑ๐—ผ๐˜€:
โ—ผ๏ธ 10 new listings, up from 4 the previous week
โ—ผ๏ธ Conditional sales were 0, down from just 1
โ—ผ๏ธ Firm sales were 7, up from 3
โ—ผ๏ธ Listings were 67, up slightly from 65

๐Ÿ˜๏ธ๐—ฅ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น:
โ—ผ๏ธ 36 new listings โ€“ same as the week before; Of those 36 new listings, 15 were relists, so really only 21 new listings
โ—ผ๏ธ 26 price reductions last week
โ—ผ๏ธ Conditional sales down from 11 to; 6 were listed and sold within the same week
โ—ผ๏ธ Firm sales are way up, which is a good sign; 42 vs 24 the previous week; 6 were sold AT list price and 9 were OVER list price

๐Ÿ“ˆ๐—œ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ผ๐—ฟ๐˜† was 237 listings vs 236 the previous week

๐Ÿ‘‰In summary, things are looking good in the Barrie market. Listings are about the same but sales are way up! When the nice weather comes back we believe sales are going to continue to trend up even more.

โ“If you have questions about any of the content in this video, or want to discuss your own real estate scenario, please give us a call, text or email.
๐Ÿ“ฑMichael: (705)790-0117
๐Ÿ“ฑJacob: (705)818-4598

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