Market Update - November 2024

Dated: December 9 2024

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The Barrie real estate market has seen exciting changes this November. Compared to the same time last year, the average selling price rose by 5.8%, while new listings increased by 9.5%. Homes are moving quickly, with properties sold up an impressive 55.6%. Active listings climbed by 30.9%, giving buyers more options.  

The sales-to-new-listing ratio improved significantly to 46.7, reflecting a more balanced market. Though homes stayed on the market slightly longer (34 days compared to 27 last year), inventory levels tightened to 3.8 months, down from 4.5.  

These numbers highlight great opportunities for buyers and sellers alike. As someone who takes pride in understanding clients’ goals, I’m here to guide you in making informed decisions. Whether you're buying your first home, upgrading, or investing in a second property, this is a fantastic time to take advantage of Barrie's thriving real estate landscape.  

*Let’s work together to achieve your real estate dreams!*

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Ryan Thompson

I have more than three decades of business experience under my belt. My approach to real estate is characterized by a professional yet relaxed demeanour, coupled with strong organizational skills and ....

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