It’s been a few weeks since we last brought you a market update. Just as the schedule of a Realtor is unpredictable, so is our current Barrie Real Estate Market! There continues to be a week by week shift in how we conduct our business and I’m actually happy to see where things stand right now.
Sellers are not seeing as many bidding wars as there were a few months ago, and we are needing to price homes at a fair market value. I am seeing more and more sales coming in with conditions, including conditions for the Buyers to sell their home first! That actually gives me more comfort in how things are moving along. The market we saw in Feb, Mar and Apr was stressful and led to Buyers desperately grabbing for homes that were out of their reach and let to Sellers becoming greedy and demanding crazy prices. We are definitely back in a more realistic Real Estate Market trend and I hope it continues.
Check out our numbers for Barrie only, for the seven (7) day period from June 8 to 15, as noted by the Barrie & District Association of REALTORS posted as of 9:00 am on June 15th, 2017.
189 New Listings
44 Firm deals
6 of those Firm sales were OVER LIST PRICE, 5 of those were for FULL LIST
**and of those 6 properties that sold for over list price, the highest amount over list was $16,500
We’d love to have your feedback, comments or questions. Feel free to contact any of us on the Weber Team!
You can reach:
Christie Bond, Broker, at Christie@WeberTeam.ca or by cell at 705-220-1152
Kelli Gastis, Sales Representative, at Kelli@WeberTeam.ca or by cell at 905-251-2651