The first quarter of 2024 is in the books and the Orangeville real estate market has performed pretty close to expectations so far this year. In both the month of March and on a year-to-date basis, the number of sales has continued to be higher than last year by about 30% however the sales number has remained well below the 10-year average. The number of new listings both in March and year-to-date has been about 30% above last year but this figure is similar to the 10-year average. With... [read more]

The impact of higher interest rates is being felt as the number of home sales in Orangeville in the month of July was very small. With the low number of sales, inventory levels continue to rise however prices have proven to be resilient holding at a similar level for the last three months of low sales number and prices continue to be higher than the same period of last year. Let’s take a dive into the numbers The Month of July 2022 In the month of July, there were 75 homes... [read more]

The spring weather has arrived and we have just begun our third Province-wide lockdown. The Orangeville real estate market continues to be active. There have been a high number of homes coming onto the market and the demand has continued to keep pace with the new inventory with most homes selling quickly for over list price. As I present the statistics for the month of March keep in mind that the original COVID lockdown occurred in March of last year and we saw a decline in market activity... [read more]

As we approach the end of 2020 the real estate market in Orangeville continues to be active with buyers looking for their next home to buy and a shortage of resale homes available on the market. Here is a look at the local real estate market stats. The Month of November In November there were 30 homes listed for sale this is down 16.67% from 36 in November last year. The number of completed sales in November was 40 which was slightly lower than the 41 sales in November 2019. The... [read more]

As you have probably heard in the media lately the real estate market in Canada has been very active and the Orangeville real estate market has been no different. We continue to see active buyers in our market competing for homes as they come available for sale. Most homes are selling in multiple offers and over asking price. There continues to be a shortage of homes available for sale which is helping to keep the prices rising. When we are looking at these statistics keep in mind that last... [read more]