Housing Market In Barrie Flatlines

Upward trend outside of Barrie

Barrie’s housing market remained stable in September. There was little movement in the number of transactions and prices compared to a year ago.

The number of units sold last month was 181 – same as last year. The average price was up from $460,855 to $463,084.

It was a different story outside of Barrie where sales were up 9.1 per cent and prices climbing 3.8 per cent to an average $503,829.

The trend in the County of Simcoe as a whole is still trending upward,” says Geoff Halford, 2018 BDAR President. “We expect to see this gradual trend upwards continue as we move into to fall and winter. Local realtors understand these trends and work with homeowners and buyers to get the most out of their real estate transaction.”

Residential sales outside of Barrie accounted for 51.2% of total sales in Simcoe County – 4.2 share points greater than the same time last year.