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Sales in our local market edged up marginally from January but declined compared to February 2024, remaining below long-term averages, the harsh winter weather throughout February most likely effected these numbers. The number of newly listed homes held steady from the previous month, increased year over year, and stayed above the long-term averages.

Market conditions stayed in the lower end of balanced territory with a slight tilt in favour of buyers. Looking ahead, the impending tariffs from south of the border pose significant implications for Simcoe and the surrounding areas. Manufacturing and agriculture, two of the main pillars of the local economy, are particularly at risk. Higher costs on exports such as automotive parts and cash crops like soybeans and corn could disrupt supply chains and cut into profit margins, adding pressure on local business and consumers alike.

Months of inventory numbered 6.5 at the end of February 2025, up from the 5.3 months recorded at the end of February 2024 and above the long-run average of 3.5 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of March 21st, 2025, data gathered by the BDAR Stats based on February 2024 vs February 2025.

There was reason for optimism in Simcoe County’s housing market last month. In January 2025, home sales in Simcoe County totalled 480 units, a 27.7-per-cent jump from 376 in the same month last year. The average sale price reached $841,757, a 6.6-per-cent increase from January 2024. 

January’s market performance has set a positive tone for the year ahead, with rising sales, strong price growth, and a significant increase in new listings, Simcoe County continues to attract buyers while offering greater opportunities for sellers.

Other positive market indicators include a surge in new listings (1,419 properties hit the market last month, up 29.7 per cent year-over-year), active listings (climbed 78.2 per cent year-over-year to 2,536) and months of inventory (rose by 39.6 per cent to 5.3 in January). 

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of February 24th, 2025, data gathered by the BDAR Stats based on January 2024 vs January 2025.

New listings in December 2024 totalled 599, representing a 22.75% increase compared to December 2023, though down 60.20% from November 2024’s 1,505 new listings. Active listings stood at 2,573, a 73.38% rise year-over-year and a 28.80% decrease from November 2024. The months of inventory metric remained steady at 6.68, pointing to balanced market conditions that offer opportunities for both buyers and sellers.

December’s year-over-year growth in sales and steady market conditions highlight the strength of Simcoe County’s housing market. As we closed out 2024, the data reinforces our region’s attractiveness and adaptability, with more options available to buyers and sustained value for sellers. Looking ahead, Simcoe County continues to provide a dynamic landscape for real estate.

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 January 22nd. Based on December 2023 v December 2024

Across the region, we saw dips in some important categories. Decreases included; Active Listings and Average Price. Active Listings were down across the communities as the market started to wind down in anticipation of the Holiday Season. However, buyers that are looking at this time of year are always motivated and we saw a nice 14% rise in sales across the region and also a smaller Days On Market.

A combination of the Holiday Season along with the anticipation of another rate change saw the local markets slow down. Locally, we saw decreases across the board in Average Prices except for in Tiny, where we saw a massive 76% rise in Prices. In most communities we also saw Sales Activity was up and Days On Market were down – a great sign that the Buyer’s whom are shopping right now are highly motivated and active. With interest rates continuing to drop, we are expecting to continue to see a rise in prices across the region. It’s a great time to check in with your trusted For Sale On Georgian Bay agent to learn what your property is worth or even how much equity you’ve built.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of January 17th, 2024, data gathered by the Ontario Collective based on December 2023 vs December 2024.

The significant year-over-year growth in sales reflects the ongoing demand and resilience of the Simcoe County real estate market. Buyers are continuing to see opportunities in our region, and with more active listings available, the market is offering greater flexibility and options. As we head into the new year, Simcoe County remains a dynamic and evolving market for buyers and sellers alike.

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 December 18th. Based on November 2023 v November 2024

Across the region, we saw gains in some important categories this month. Increases included; Sales Activity and Average Price. Active Listings were down across the communities as the market started to wind down in anticipation of the Holiday Season. However, buyers that are looking at this time of year are always motivated and we saw a nice 23% rise in sales across the region.

In our communities we saw large spikes in average prices. Each community other than Tay saw large increases including a 63% increase in Penetanguishene and a 66% increase in Tiny. With interest rates continuing to drop, we are expecting to continue to see a rise in prices across the region. It’s a great time to check in with your trusted For Sale On Georgian Bay agent to learn what your property is worth or even how much equity you’ve built. 

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of December 18th, 2024, data gathered by the Ontario Collective based on November 2023 vs November 2024.

October’s statistics reveal a market that is maintaining its upward momentum. The combination of rising prices, increased inventory, and consistent sales activity is creating a healthier market dynamic where both buyers and sellers can thrive. As we hurtle towards the Winter season, we anticipate this balanced trend to continue.

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 November 28th. Based on October 2023 v October 2024

September’s statistics reveal a market that is maintaining its upward momentum. The combination of rising prices, increased inventory, and consistent sales activity is creating a healthier market dynamic where both buyers and sellers can thrive. As we head further into the fall season, we anticipate this balanced trend to continue.

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 October 23rd. Based on September 2023 v September 2024