The Barrie & District Association of Realtors (BDAR) released a report for July's market in Simcoe County, saying it was a "mixed performance."
According to the association, the year-over-year figures showed some gains while the month-over-month displayed a "slight cooling as the market continues to stabilize."
Simcoe County saw 601 homes sold in July, up 2.04 per cent from the same month a year ago.
"However, compared to June 2024, sales dropped by 4.15 per cent," the BDAR stated in a release.
"The average sale price showed a marginal decline, decreasing by 1.09 per cent year-over-year to $854,169, and a smaller decrease of 0.82 per cent from June 2024."
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They added that new listings were up 14.32 per cent year-over-year with 1,884 last month, but dipped 7.15 per cent as opposed to June.
Active listings for July jumped 43.73 per cent year-over-year and officials say "remained stable" with a 0.52 per cent increase over last month and "suggested a well-supplied market."
"The July statistics demonstrate the resilience of Simcoe County's real estate market," said BDAR Chair, Lindsay Percy.
"While we see slight decreases in month-over-month sales and prices, the year-over-year growth in sales and new listings highlights the ongoing demand and stability in the region. The increase in active listings is providing buyers with more opportunities, and we expect this balanced market to continue offering favourable conditions for buyers and sellers."
Click here for the full report.
