The values keep climbing
Wednesday, Jan 03, 2018
Property values for both homes and condos continue to rise!
According to the Barrie Board of Realtors here are the latest numbers:
Within the City of Barrie, detached residential properties posted an average selling price for the month of November 2017 of $513,112, an increase of 8% over November 2016. The number of residential units sold in November 2017 dropped 28% compared to November 2016.
Residential townhouse, link, and semi-detached homes in the City of Barrie posted an average selling price of $395,948 in November 2017, a 4% increase over November 2016. There was a 36% decrease in the number of units in November 2017 from the same time in 2016.
Condominium sales average for the City of Barrie for the month of November 2017 was $353,375, a 43% increase compared to November 2016.The number of units sold was down 3% from the same time last year.
Home values differ depending on your neighbourhood and style of home, please don't hesitate to reach out if you want to know how much your home is worth in today's market.