We have officially reached the last week before school, and though numbers are slowing a bit, there is still some interesting activity in the Barrie real estate market.
Check out our numbers from the Barrie & District Association of Realtors posted as of end of business Monday, Aug 31st.
23 New Listings
40 Conditional sales accepted/Listings Withdrawn
and…13 Price Reductions (it’s so much easier to price it right from the start!!)
An interesting number to note is that on Monday, Aug 31st, 60 listings EXPIRED, and on Monday, Sept 1st, 50 listings EXPIRED> that means that there are 110 listings that were on the market for an average of the last 90 days and never sold! I’m sure most of those listings will be re-listed, added back onto the market. But it will be interesting to see how many of those Sellers switch to a different REALTOR, how many reduce their listing price, and how many simply stay off the market.
We’d love to discuss this with you if you have any questions.