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November 2021 Barrie Market Report

This month’s data showed a decline in sales year-over-year, down 17% compared to last November. However, the price of residential units sold continued to rise, now sitting at $836,147 which is a 39% rise compared to last year. This evidences that, the supply of homes still cannot keep pace with the demand right now. 

Year over year we’re seeing a raise in Sale Prices of over 32% with the average sale clocking in at more than $787k. Active residential listings numbered 241 units on the market at the end of November, a considerable drop of 39% from the end of November 2020. Active listings haven’t been this low in the month of November in more than 25 years. Active listings were 68% below the five-year average. 

As prices rise and the theme of low inventory continues, now is the time to take advantage of the market and achieve maximum price for your property.

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 15, 2021, data gathered by the Ontario Collective based on November 2020 vs November 2021.

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