With all the reports and speculation about the housing market across Canada, it is no wonder that people are very concerned about the value of their homes. If you are thinking of selling, then now is still a good time. Consumer confidence may be at an all time low, so there are certainly LESS sales this year, but prices have NOT dropped. Here are the facts: Number of home sales in Barrie 2007 = 3253 Number of home sales in Barrie 2008 = 2653 Average sales price in Barrie 2007 = $245,596 Average sales price in Barrie 2008 = $252,039 The number of homes sold has dropped by 18.5% compared to last year. What you have seen is a reduction in the asking prices of many homes. They may have been priced according to previous years value increases, and have now (or will) adjust their asking prices...
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