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Market Report For July 2023

“Home sales came in above year-ago levels but were still trending well below their average for this time of year,” said Lindsay Percy, Chair of the Barrie & District Association of REALTORS®. “We’ve had a bounce back in new listings over the past two months, which we are hoping will lead to a stronger rebound in sales if this trend in new supply returning to the market continues to play out. Our market is actually in a balanced position at the moment, with a healthy amount of overall inventory available and prices essentially moving sideways. For the time being conditions are relatively stable and present a more welcoming environment for previously sidelined buyers and sellers.”

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Stats are correct as of August 21st. Based on July 2022 v July 2023