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“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.”

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

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

“Home sales have been coming in relatively stronger over the past three months compared to earlier in the year, slowly building momentum in the recovery,” said Lindsay Percy, Chair of the Barrie & District Association of REALTORS®. “A surge in new listings in June helped to sustain this momentum, although whether this is the beginning of a reversal in the downward trend in new supply or just a one-off remains to be seen. The return of sellers to the market in meaningful numbers would be a welcome sight given falling inventory levels and rising prices.”

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of July 27th. Based on June 2022 v June 2023

Home sales continued on their path of recovery, albeit at a slower pace, as new supply remains lacklustre,” said Lindsay Percy, Chair of the Barrie & District Association of REALTORS®. “Without any meaningful influx of new listings hitting the market, overall inventories continue to decline sharply as strong demand pulls off whatever is left available on the market. MLS® HPI benchmark prices are rising steadily, and without more supply to satisfy high levels of demand this will likely continue to be the story throughout the rest of spring and into the summer.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of June 29th. Based on May 2022 v May 2023

The Spring market is in full swing and the Barrie & District real estate market continues to show resilience amidst challenging times. The number of sales in April 2023 increased compared to the same period last year and we are encouraged to see a rebound from the previous months. Although new listings are well below the historical averages, the number of active listings remained in line with long-term trends. Overall, the market has continued to stabilize, providing opportunities for both buyers and sellers in the coming months.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of May 19th. Based on April 2022 v April 2023

““As we enter the spring season, the Barrie & District real estate market continues to show resilience amidst challenging times. While the number of sales in March 2023 decreased compared to the same period last year, we are encouraged to see a rebound from the previous month.” said Luc Woolsey, President of the Barrie & District Association of REALTORS®. “Although new listings were well below the historical averages, the number of active listings remained in line with long-term trends. Overall, the market has stabilized, providing opportunities for both buyers and sellers in the coming months.””

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of April 14th. Based on March 2022 v March 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 https://forsaleinbarrie.ca/index…/whats-my-property-worth/

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

Our first look in 2023 at how the market is shaping up in Barrie. We saw a large decrease in sales activity where January sales were down 40% compared to 2022. However, there’s lots of opportunities for Buyers right now but don’t forget that seller’s are still getting top dollar for their properties. Although prices are down compared to the spikes of Jan 2022 (-23%, $724,037), it’s important to remember that, for the second consecutive month sale prices continue to raise when compared to the previous month – a rise of 3%. This is also the same for units sold where we saw 30 more properties sold in January when compared to December. 

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of February 14th. Based on January 2022 v January 2023

One last look back at 2022 as we take in the December Market Stats For Barrie. We saw a large decrease in sales activity where December sales were down 49% compared to 2021. Over the course of the year, 2077 properties were sold in Barrie. There’s lots of opportunities for Buyers right now but don’t forget that seller’s are still getting top dollar for their properties. Although prices are down compared to Dec 2021 (-17%, $708,000), it’s important to remember that, year to date, the average sale price is $830,113 and compared to last month, we also saw 0.7% rise.

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index…/whats-my-property-worth/

Stats are correct as of January 16th. Based on December 2021 v December 2022

“Although home sales are still trending well below average levels for this time of year, looking through the seasonality on a month-to-month basis we can see that activity has stabilized at slightly higher levels over the past few months after reaching a bottom in July,” said Luc Woolsey, President of the Barrie & District Association of REALTORS®.

“New listings remain at historically strong levels and have raised overall inventories to levels not seen since mid-2019. There may still be some trepidation among buyers waiting to come back into the market as we continue adjusting to a highest interest rate environment, but sellers have proven they are not shying away from listing their homes through MLS®.”

Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/

Stats are correct as of Tuesday December 13th. Based on November 2021 v November 2022