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Barrie Market Report For February 2024

The February market statistics are a testament to Simcoe County’s vibrant real estate sector. The significant sales increase, coupled with a steady rise in average prices, reflects the robust demand and confidence in our market. The growth in new listings is particularly promising, ensuring a balanced market conducive to 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 March 29th. Based on February 2023 v February 2024

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February 2024 Market Report For Our Communities

As we enjoyed an unseasonably warm February, it seems that market is hotting up too in preparation of the Spring Market!

February was a strong month for the market in our communities. Across the region we saw increases in Sales Activity, New Listings, Active Listings, and a shortened Days On Market when compared to last year. Sales Prices seem to be consistent with last year too signalling a month that Buyers and Sellers would have been happy with.

Entering the Spring Market, we are seeing lots of optimism with plenty of active listings available to buyers whilst interest rates being held signals good news for sellers hoping to maintain healthy sale prices.

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 13th, 2024, data gathered by the Ontario Collective based on February 2023 vs February 2024.

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Barrie Market Report For January 2024

The January statistics reflect a vibrant and growing market in Simcoe County. With the rise in sales and listings, along with stable prices, we’re observing a market that is adjusting well and poised for continued growth. The significant increase in new listings from last month is particularly encouraging, as it contributes to a balanced and healthy real estate environment 

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 February 22nd. Based on January 2023 v January 2024

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January 2024 Market Report For Our Communities

As we look at the first stats coming in for 2024 we see a mixed bag across the region. A low sales total in general for the region seems to have skewed stats.

The mixed bags of stats continued into our featured communities with Midland seeing a huge 38% increase in sales prices (12 Sales) whilst Tiny saw a 34% decrease in sales prices (6 Sales). Across our communities and the region at large, we did see a big rise of 27% in active listings compared to 2023 whilst it’s actually a rise of 430% compared to 2022. This signals that the much anticipated Spring Market is on the horizon and perhaps is a reflection of the unseasonably warm weather we have not scaring off winter sellers.

Entering the Spring Market, we are seeing lots of optimism with plenty of active listings available to buyers whilst interest rates being held signals good news for sellers hoping to maintain healthy sale prices.

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 13th, 2024, data gathered by the Ontario Collective based on January 2023 vs January 2024.

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Vote For FSOGB!

Every year we are humbled to be nominated by our Community for award consideration. Your belief in us to guide you through some of the biggest transactions of your lives is our fuel.

We are so excited to once again see our very own Michael Seguin become a finalist for “Best Real Estate Broker” joined by last year’s Winner, Victoria Badger as a finalist again in the “Best Real Estate Agent” Category.

Our Team’s hard work and dedication is once again reflected in being finalists for “Best Real Estate Office” and “Best Real Estate Marketing” – categories we were victorious in last year. It’s also with pride that we announce that our Brokerage, Keller Williams Experience Realty is nominated for “Best Real Estate Brokerage”.

Vote For Us Here

We would be honoured once again to receive your votes

Vote For Michael Seguin http://tinyurl.com/FSOGB-Vote-Michael

Vote For Victoria Badger http://tinyurl.com/FSOGB-Vote-Victoria

Vote For Best Real Estate Office http://tinyurl.com/FSOGB-Vote-Office

Vote For Best Real Estate Marketing http://tinyurl.com/FSOGB-Vote-Marketing

Vote For Best Real Estate Brokerage http://tinyurl.com/FSOGB-Vote-Brokerage

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A Festive Guide To Christmas Real Estate

‘Tis the season to be jolly, and what better way to embrace the Christmas spirit than by finding your dream home during the Holidays? As the snow falls and the twinkling lights adorn our communities, the real estate market is bustling with opportunities for those looking to make a festive move. In this blog post, we’ll explore the magic of Christmas real estate and provide valuable tips for turning your home search into a joyful journey. Ho Ho Ho… Home!

The Gift of Location:

The first step in your Christmas real estate adventure is to explore the gift of location. Whether you’re dreaming of a white Christmas in a snowy waterfront cottage or a cozy intown home, understanding your preferred location is crucial. Consider factors like proximity to family, community amenities, and the overall atmosphere you desire.


Deck the Halls (and Walls):

When searching for a home during the holidays, pay attention to the festive decor. A well-decorated home can give you a glimpse into the community spirit and the pride residents take in their properties. Look for neighbourhoods that go above and beyond in spreading holiday cheer.


Winter Wonderland Inspections:

Winter brings its own set of challenges, and it’s essential to ensure that your potential new home is well-prepared. Check for efficient heating systems, proper insulation, and well-maintained roofs to keep your winter wonderland warm and cozy.


Santa’s Workshop or Home Office?

With the rise of remote work, consider the home’s potential for a home office. Is there a quiet space for virtual meetings and productive work hours? Assess the layout and functionality of the spaces, envisioning how they could accommodate both work and play.


Sleigh Ride Through the Neighborhood:

Take a festive sleigh ride through the neighbourhood to get a feel for the community. Are there holiday events, or neighbourhood traditions that make the area special? Connecting with the local atmosphere will help you decide if it’s the right fit for your holiday home.


Stocking Stuffers or Deal Breakers?

Make a list of your must-haves and deal-breakers. Whether it’s a fireplace for roasting chestnuts or a spacious kitchen for holiday baking, identifying your priorities will guide your search and ensure your new home checks all the boxes on your wishlist.


Jingle All the Way to Closing:

Once you’ve found the perfect Christmas home, the journey isn’t complete until you’ve jingled all the way to closing. Working with your For Sale On Georgian Bay agent to navigate the process smoothly and make your holiday home ownership dreams a reality.


Embracing the magic of the season, finding your home for the holidays can be a joyous adventure. With a sprinkle of festive spirit and a dash of strategic planning, we can turn your Christmas real estate journey into a memorable experience. May your new home be filled with love, laughter, and the warmth of holiday traditions for years to come. Happy house hunting and Merry Christmas!

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November 2023 Market Report For Our Communities

Overall home sales continue to decline as we head into the end of the year, as buyers have moved to the sidelines and appear to be bunkering down for the winter. Our market is very well supplied at the moment, with inventories trending about on par with their long-term averages, so there are some attractive deals out there waiting for buyers who decide to step back in.

In our local communities these trends were also reflected. There were decreases in Sales Prices across Midland, Penetang and Tiny whilst Tay saw a 14% increase. We also saw large increases across all of our communities in Active listings including a huge 47% increase in Tiny. There are lots of opportunities for buyers heading into the holiday market. Sellers are still in a strong position to seeing price increases along with motivated winter buyers.

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 11th, 2023, data gathered by the Ontario Collective based on November 2022 vs November 2023.

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Barrie Market Report For October 2023

Barrie area saw a large boost in new listings hitting the market in October, with 1,610 new homes hitting the market, a 16.67% increase from October 2022. Sales were down in September, with 142 homes sold last month. The year-over-year stats for Active Listings are showing a huge spike of 43%. Prices in the Barrie area have remained steady compared to last year. The average sale price in Barrie was $743,797, where sellers saw gains upwards of 1.5%.  

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 23rd. Based on October 2022 v October 2023

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October 2023 Market Report For Our Communities

Fall is in full swing and after the news that Interest rates are holding for now, it seems like consumer trust in the market is increasing. Across our region, we’re seeing increases in New Listings, Active Listings and Average Price month after month. We saw a 6% rise in average listing price and a 5% increase in New Listings – Lots of opportunities for buyers and sellers alike.

In our communities, these trends were also reflected. There were increases in Sales Prices across Midland, Penetang and Tay whilst Tiny saw a 16% decrease. We also saw large increases across all of our communities in Active listings including a huge 27% increase in Tiny. There are lots of opportunities for buyers heading into the holiday market. Sellers are still in a strong position to seeing price increases along with motivated winter buyers.

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 November 10th, 2023, data gathered by the Ontario Collective based on October 2022 vs October 2023.

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How You Can Still Find Your Georgian Bay Dream Home Amid Today’s Economic Environment

Are you dreaming of that ideal home or investment nestled in one of our beautiful communities alongside Georgian Bay? We understand that the market can seem like a daunting place and that the decision to buy a property is significant, however the recent move by the Bank of Canada to maintain the policy interest rate at 5% should be music to buyer’s ears! We dive into the current situation and what it means for you, along with a broader look at our community.


Midland, Tiny Township, Tay Township, and Penetanguishene offer an enchanting blend of small-town serenity with modern comforts, making them perfect for those looking to raise a family, retire or even commute to the city. Always popular with our locals and now growing interest from further afield, prices have risen in recent years. However, with the Bank of Canada holding the interest rate, it gives the local market a chance to catch up and we’ve seen a balancing in the market of late. 


With the interest rate held steady at 5%, your path to homeownership or investment becomes smoother. Expect consistent and predictable mortgage rates, ensuring affordability on your journey. Whilst economists are predicting that interest rates are to fall during 2024, we strongly recommend that you talk to a mortgage professional that can help you determine your path to home ownership in the most financially beneficial and secure way possible. Stop by 255 King Street to talk with our in house mortgage experts, Mortgage Wellness. 


With interest rates stabilising, it’s a comforting time for potential buyers to explore real estate opportunities in our community. There are so many more options for Buyers to entertain – in fact, last month we saw a rise of 6% in new listings and a 13% rise in active listings meaning there really is something for everyone. Whether you’re looking for a new home, an investment or a vacation property, it’s important that you remain informed and work closely with your local “For Sale On Georgian Bay” real estate expert. We understand your vision and will assist you in making decisions that align with your financial goals, all while gracefully managing the current economic challenges.


Your path to homeownership or investment is now bathed in opportunity. With stable interest rates and a more affordable market due to the 5% median price reduction across our region, now is the time to act. Traditionally, as interest rates drop, home prices go up so take advantage of the lower prices and then enjoy the predicted interest rate decreases in the future. Your real estate dreams are well within your grasp, and at For Sale On Georgian Bay, we’ll be with you every step of the way.