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Barrie Market Report For February 2023

“Sales activity and new listings are still coming in below typical levels for this time of year, and it may be the case that the latter is leading the former. In other words, you can’t buy or sell what isn’t there,” said Luc Woolsey, President of the Barrie & District Association of REALTORS®. “Sellers are not yet motivated to return to the market in pre-pandemic numbers. However, looking at the MLS® HPI benchmark price it seems that declines have bottomed out and prices have been running flat, with a small uptick in February. There’s a healthy amount of inventory on the market but it appears to be at the beginning of a decline. Once we get through the better part of the spring market all of these trends will become clearer.”

Find out what your property is worth in today’s Market at…/whats-my-property-worth/

Stats are correct as of March 28th. Based on February 2022 v February 2023