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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

Across the region, major gains in all the important categories this month. Increases included; Active Listings, Sales Activity and Average Price. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings seeing a bump.

In our communities we saw large increases for Average Price and Active Listings in both Midland and Penetang whilst more modest increases appeared in Springwater. Penetanguishene saw a 112% increase in Active Listings. Midland showed a 17% increase and Penetanguishene a 21% in Average Prices. September showed us a strong market for both Buyers and Sellers and we experience a busy beginning to the Fall Market.

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 October 22nd, 2024, data gathered by the Ontario Collective based on September 2023 vs September 2024.

August statistics reflect a market that is balancing itself after a period of heightened activity. With active listings growing and inventory levels rising, buyers are benefiting from more choices, while sellers are still experiencing stable demand. This equilibrium is helping to create favourable conditions for both sides of the market.

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 September 25th. Based on August 2023 v August 2024

Across the region, we’ve seen up and downs in all the major categories this month. Increases included; Active Listings and Average Price, whilst decreases included Sales Activity and New Listings. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings seeing a bump.

In our communities we saw an decrease across the board in Sales Activity with the largest decrease being in Penetanguishene with 54%. Also across the board in our communities we saw an increase in Active Listings with the largest increase coming in Penetanguishene at 77%, we did see very small decreases in Tay and Springwater of -3% and -1%. We also saw a rise in Average Price in the majority of local communities with the biggest being in Springwater with 29%. August showed us a strong market for both Buyers and Sellers and we anticipate a busy beginning to the Fall Market.

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 September 23rd, 2024, data gathered by the Ontario Collective based on August 2023 vs August 2024.

The July statistics demonstrate the resilience of Simcoe County’s real estate market. While we see slight decreases in month-over-month sales and prices, the year-over-year growth in sales and new listings highlights the ongoing demand and stability in the region.

The increase in active listings is providing buyers with more opportunities, and we expect this balanced market to continue offering favourable conditions for both 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 27th. Based on July 2023 v July 2024

Across the region, we’ve seen increases in all the major categories this month. Increases included; Sales Activity, New Listings, Active Listings and Average Price. This follows the trend that we saw during the pandemic that prices will rise as interest rates drop. With prices up, this is great news for sellers whilst this month brings great news for Buyers too with Active Listings and New Listings both seeing a bump.

In our communities we saw an increase across the board in Average Price with the largest increase being in Tay Township with 30%. Also across the board in our communities we saw an increase in Active Listings with the largest increase coming in Penetanguishene at 53%. We also saw a rise in Sales Activity in the majority of local communities with the biggest being in Tay with 50%. July showed us a strong market for both Buyers and Sellers and we anticipate a busy end to the Summer Market as look towards the Fall. 

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 August 14th, 2024, data gathered by the Ontario Collective based on July 2023 vs July 2024.

The Barrie real estate market is showing resilience despite the fluctuations observed in June. While we are seeing a decrease in sales compared to last year, the month-over-month growth is a positive indicator. The increase in active listings provides more options for buyers, and we anticipate a balanced market as we move forward.

These trends indicate a cautious adjustment in the real estate landscape, as buyers and sellers continue to navigate changing market conditions. The overall impact on home prices, coupled with the rising months of inventory, suggests a nuanced environment 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 July 23rd. Based on June 2023 v June 2024

Across the region we see that active listings are up 34% and the median price is up 2% from last year. New Listings are also up 7% and the list to sale ratio is sitting at a very strong 97%. Good news for buyers and sellers alike!

In Springwater and Penetang we saw Average Price increases with a large incease of 18% in Springwater! We saw large increases across the board for active listings in our community, even seeing a 55% increase in Midland. As we move through the Summer Market, we did see a slow down in sales activity. This was expected as many buyers were eagerly awaiting the first rate reduction in 4 years. With plenty of inventory and now more purchasing power for buyers, we expect to see a busy end to the Summer Market. 

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 July 17th, 2024, data gathered by the Ontario Collective based on June 2023 vs June 2024.