The Barrie and District Association of Realtors reports October showed a large growth in the number of units sold, month-over-month and year-over-year.
Home sales in Barrie were up 11.3 per cent in October compared to September with 237 units sold. The average price was slightly higher at $490,854.
Year-to-date, sales in Barrie are running 9.2 per cent ahead of last year (2010 units) with an average price of $490,198 (3.3% higher than a year ago).
In Simcoe County, excluding Barrie, 277 units were sold. This was 24.8% greater than the number of units sold during September 2019. The average price of units sold in areas outside of Barrie last month was $558,426 – 5.2% more than the month before. In 2018, the average price of units sold outside of Barrie declined 5.2% during the timeframe.
Year-to-date, 2330 residential units were sold in the areas outside of Barrie through October 2019. This was 21.6% greater than the number of units sold during October 2018 YTD. The average price of units sold during this time was $539,750 – 4.7% greater than what was seen during October 2018.