Once again I am late with this post, but I have a good reason.
Monday was the last day of March, Tuesday was the first day of April. Quite often listings Expire at the end of the month, if they haven’t already been sold. I gather statistics for this post on Tue mornings. By the time I started checking numbers on Tue morning I was shocked at how much activity there was. So, I kept watching and watching and decided that it might paint a more accurate picture if I waited until Wed and gave you what happened on Mon and Tue combined.
Our Barrie real estate statistics as of close of business on Tuesday, April 2nd, and looking at statistics for both Monday and Tuesday, based on information gathered by our Barrie & District Association of Realtors indicate the following:
88 Homes listed for sale
62 Conditional sales accepted/Listings Withdrawn
So, if you take the number of homes listed and the number of homes expired you get a difference of 42 listings. I don’t know exactly how many of those listings that expired on Mon Mar 31st were re-listed as new listings on Tue Apr 1st, but the difference is a good amount of listings. I think having the snow melting and with the promise of warmer temperatures just around the corner, it is drawing more sellers out of the woodwork. But one thing to keep in mind is the year over year figure: by April 1st, 2013 there were 446 new listings on the market. By yesterday, April 1st, 2014, there were just 381 new listings so far this year. We are a little behind last year’s number but I feel confident that we’ll chip away at that and make up ground this month.
We’d love to discuss with further with you so…
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