Fewer homes sold last month in Barrie and area, but they fetched more money

The average price was 8.6 per cent higher at $836,147

Sales were off slightly, but house prices continued to rise in the Barrie area in November, according to the Barrie and District Association of Realtors (BDAR).

Sales last month in the city were down 10.5 per cent compared to October; the average price was 8.6 per cent higher at $836,147. Year-over-year, sales were off 16.9 per cent, but the average price has increased by 38.5 per cent.

In Simcoe County, sales were down 12.1 per cent between October and November; the average price rose 1.5 per cent to $845,644. Year-over-year, sales were down 13.2%; the average price was 30% greater than a year ago.

Related: Area realtors raise thousands of dollars for three Barrie shelters

Elsewhere,

Month-Over-Month (November 2021 vs October 2021)

Innisfil

41 residential units were sold last month—a 29.3% decrease from October 2021. The average price of residential units sold last month was approximately $989,879—an 11.0% increase from October 2021.

Orillia

47 residential units were sold last month — a 19.0% decrease from October 2021. The average price of residential units sold last month was approximately $691,428—a 4.7% increase from October 2021.

Essa

31 residential units were sold last month. This was 16.2% less than the month prior. The average price of residential units sold last month was $879,230— a 9.7% decrease from October 2021.

Year-Over-Year (November 2021 vs November 2020)

Innisfil

41 residential units were sold during November 2021, 8.9% less than the number of units sold during November 2020. The average price of units sold was approximately $989,879. This was a 43.7% increase in the average price, year-over-year.

Orillia

47 residential units were sold during November 2021, 9.6% less than the number of units sold during November 2020. The average price of units sold in Orillia last month was approximately $691,428. This was a 33.6% increase in the average price, year-over-year.

Essa

31 residential units were sold during November 2021, 22.5% less than the number of units sold during November 2020. The average price of units sold in Essa last month was approximately $879,230. This was a 31.6% increase in the average price, year-over-year.

source: Barrie and District Association of Realtors

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