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Market Report For Barrie and Simcoe County

A look back at August 2020 compared to August 2019 and why it’s a great time to list your Property for Sale.

The housing market in Barrie has continued to rebound during Covid-19 as Barrie saw large increases year over year for both the number of properties sold in August and the Sale Price too. Barrie saw a rise of 42.9% during August 2020 as 320 properties were sold. A nice increase on the sale prices too at 15.7% with the average sale coming in $567,469 compared to $490,466 of 2019.

Simcoe County (Excluding Barrie) saw even bigger raises for sales prices at $660,128 – that’s a 59.8% increase compared to 2019.

Large numbers of properties were sold across Simcoe, with just under 800 homes being sold. Compare this with last year in August when 500 homes were sold, that’s an increase of 31.5%.

All this points to it being a great time to sell you home, there are clearly motivated buyers out there and home prices are trending upwards.

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 18, 2020. Data gathered by BDAR based on August 2020 vs August 2019.