A downward trend in home prices in Barrie.
The Barrie and District Association of Realtors (BDAR) says the average home price in March was $725,965--21.9 per cent less than a year ago.
195 homes were sold last month, a drop of 27.8 per cent from March 2022.
Crunching the numbers month-to-month, the BDAR says the number of homes sold last month was 50 per cent more than in February, while the average price of a home in March compared to February was just 0.8 per cent less.
Across Simcoe County, the average price of a home in March was $821,378, down 18.1 per cent from March 2022.
The number of homes sold was 378 last month, off nearly 32 per cent year-over-year.
More information: https://my.bdar.ca/public/New%20FileManager/Statistics/2023/March%202023/BDARstats_Residential_Report_0323.pdf
