Oro-Medonte Real Estate Statistics 2016
Here is a quick update about Oro-Medonte Real Estate Statistics 2016 and what is happening in the Oro-Medonte Real Estate Market from January 2016 to August 2016. As you will see, the market is very tight. Inventory is low and if a property is priced correctly then it is getting multiple offers. There has been a tendency for sellers to reach on their pricing which has created a little bit of buyer fatigue.
Homes For Sale In Oro-Medonte tend to stay on the market longer then properties in Barrie or Innisfil. The average days on the market for the past year (August 2015-August 2016 is 50 days (souce: Barrie Real Estate Board) on the market so sellers should have their expectations in check.
Oro-Medonte is one of my all time favorite areas in all of Simcoe County. If you are looking for country living in close proximity to an urban center then this is a perfect choice for you.
So here are the latest stats from The Barrie Real Estate Board for Oro-Medonte Real Estate. (Disclaimer: I have not added in the statistics for Oro-Medonte from The Toronto Real Estate Board as many agents only list on TREB. In future updates we will compile this data as well)
January Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for January 2016 was $501,485.
- The average sale price in Or0-Medonte for January 2016 was $48,108.
- The sale to list ratio in Or0-Medonte for January 2016 was 96.7%.
- The number of days on the market in Oro-Medonte for January 2016 was 42 days.
- There were 13 residential sales on the Barrie board for Oro-Medonte area in January 2016.
February Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for February 2016 was $566,543
- The average sale price in Oro-Medonte for February 2016 was $548,725
- The sale to list ratio in Oro-Medonte for February 2016 was 96.9%
- The number of days on the market in Oro-Medonte for February 2016 was 61 days
- There were 23 residential sales on the Barrie board for Oro-Medonte area in February 2016
March Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for March 2016 was $464,600
- The average sale price in Oro-Medonte for March 2016 was $458,978
- The sale to list ratio in Oro-Medonte for March 2016 was 98.8%
- The number of days on the market in Oro-Medonte for March 2016 was 29 days
- There were 23 residential sales on the Barrie board for Oro-Medonte area in March
April Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for April 2016 was $514,373
- The average sale price in Oro-Medonte for April 2016 was $507,266
- The sale to list ratio in Oro-Medonte for April 2016 was 98.6%
- The number of days on the market in Oro-Medonte for April 2016 was 52 days
- There were 35 residential sales on the Barrie Board for Oro-Medonte area in April 2016
May Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for May 2016 was $640,490
- The average sale price in Oro-Medonte for May 2016 was $626,546
- The sale to list to ration in Oro-Medonte for May 2016 was 97.8%
- The number of days on the market in Oro-Medonte for May 2016 was 33 days
- There were 39 residential sales on the Barrie Board for the Oro-Medonte area in May 2016
June Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for June 2016 was $686,095
- The average sale price in Oro-Medonte for June 2016 was $664,023
- The sale to list ratio in Oro-Medonte for June 2016 was 96.8%
- The number of days on the market in Oro-medonte for June 2016 was 45 days
- There were 43 residential sales on the Oro-Medonte Board for the Barrie area in June 2016
July Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for July 2016 was $748,455
- The average sale price in Oro-Medonte for July 2016 was $714,103
- The sale to list ratio in Oro-Medonte for July 2016 was 95.4%
- The number of days on the market in Oro-medonte for July 2016 was 46 days
- There were 38 residential sales on the Barrie Board for the Oro-Medonte area in June 2016
August Oro-Medonte Real Estate Statistics 2016
- The average list price in Oro-Medonte for August 2016 was $619,578
- The average sale price in Oro-Medonte for August 2016 was $590,142
- The sale to list ratio in Oro-Medonte for August 2016 was 95.2%
- The number of days on the market in Oro-medonte for August 2016 was 45 days
- There were 36 residential sales on the Barrie Board for the Oro-Medonte area in June 2016
In summary we believe that keeping track of Oro-Medonte Real Estate Statistics is a very important strategy to focus on. This data will help us give the right advice to all of our seller clients and buyer clients.
If you are thinking of selling we would love the opportunity to chat with you!