The March 2019 sales information is in, and residential property sales recorded for the Barrie and District Association of REALTORS® Inc. (BDAR) region showed that residential property sales were up from March of last year. This growth was in both the Barrie and Simcoe. Additionally, average price was also up, with Simcoe Excluding Barrie contributing more than Barrie.

City of Barrie

195 units were sold within the City of Barrie in March 2019 —a growth of 82.2% from February 2019. This growth was significantly greater than what was experienced during the same timeframe in 2018, where the number of units sold grew 22.5%.

The average price of homes in Barrie was $494,488, which was 3.9% greater than the average price of units sold the month prior. This was slightly less than the growth in February 2018 going into March 2018, where the average price increased by 4.6%.

As always these trends impact each neighbourhood and home, if you would like to know more about your individual situation please don’t hesitate to reach out and ask!