Price reductions galore in Barrie real estate right now!

𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝗕𝗮𝗿𝗿𝗶𝗲 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗲𝗻𝗱𝗶𝗻𝗴 𝗢𝗰𝘁. 𝟮𝟮, 𝟮𝟬𝟮𝟯.
𝗢𝘃𝗲𝗿𝗮𝗹𝗹 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆
- Listings down across the board
- Firm sales way up in residential, slightly in condos
- 7 properties sold at or over list price last week
- 3 were owner was successful holding off offers, 4 were not
𝗖𝗼𝗻𝗱𝗼𝘀
- 5 new listings, way down from 20 last week
- 175 total condo listings, down from 181
- 4 firm sales this week, up from 3
- 100% of sales had price reductions prior to selling
𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹
- 49 new listings, down from 52 last week
- 45% of those were relisted properties
- 528 total listings, down from 535
- 27 firm sales, way up from 16
- 60% of sales had price reductions prior to selling
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