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Southern Georgian Bay Q1 & March Market Update

Mike Kearns

A people-person at heart, Mike is motivated by bringing people together and helping them realize their dreams...

A people-person at heart, Mike is motivated by bringing people together and helping them realize their dreams...

Apr 14 2 minutes read

After the 1st quarter 2022 is proving to be another strong year for Southern Georgian Bay sellers. If you're thinking about selling your Thornbury and surrounding area home, being aware of the trends in the market will help you understand the strength of our Simcoe/Grey County market. 

Our Southern Georgian Bay first quarter market update showcases everything you need to know about Thornbury and area real estate trends over the last month. 

Q1 & March 2022 Market Update 

340

New Listings

12

Avg. Days on Market

$998,656

Avg. Sale Price 

210

# of Homes Sold

Q1 Overview 

The demand for listings continues to outpace supply in our region. The Southern Georgian Bay market had a strong 103% sale/list price ratio in March. Homes sold in just 12 days on average, down 6 days from a year ago. We now have less than one month supply of inventory which indicates a market that is highly favouring Sellers.  Rising interest rates and the threat of further increases is having a moderating effect on the affect on the overall market.  Certain areas of particularly high demand continue to be overheated (Collingwood) while we are starting to see some inventory build in areas of lesser demand (Meaford). 

Curious about how your Thornbury home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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