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Barrie Market Report For August 2022

The kids are back at school and summer is winding down, so how’s the market looking? The anticipated, yearly slow down of the market was in effect during August. As people try to make the most of the end of summer, prepare for kids returning to school and with more interest hikes, we saw a year over year decrease in sale prices for Barrie of 5%. However, year to date the average sale price has risen more than 20% to $970,175.

A huge increase in active listings of more than 200% compared to 2021 has seen buyers have many options that were lacking in the earlier parts of the year. Sellers are still holding out for the prices they saw in early 2022 but taking the Bank Of Canada interest rate increases into consideration, we’re seeing a slowing down of the market. With more interest hikes in the pipeline, it’s still a great time to find that dream home.

Find out what your property is worth in today’s Market at

Stats are correct as of Thursday September 15th. Based on August 2021 v August 2022

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