Market Update Feb. 2018 Barrie & District

SUMMARY…..What a difference a year makes !!!!

  • On a year-to-date basis home sales totaled 482 units over the first two months of the year. This was a decrease of 33.2% from the same period in 2017. Within the City of Barrie, sales activity was down 45.9% on a year-over-year basis in February 2018. The City of Barrie saw 139 residential sales in February 2018. A year over-year decrease of 39.8% was recorded in surrounding areas, where sales activity totalled 124 units.
  •  The average price for all homes sold recorded on our board’s MLS® System in February 2018 was $506,883, down 4.5% from February 2017. The year-to-date average price edged down 0.1% from January and February 2017 to reach $511,838.
  • Active residential listings on a year – year basis at the end of February 2018, were rising 125.5% from extreme lows last February, and roughly in line with the average of the last decade.

As always I am available to clarify any questions or quires you may have.. Have a great Spring…