According to the Barrie & District Association of REALTORS®, we saw record sales in 2016 and with multiple offers, bidding wars and low inventory levels continuing in January, the red hot market shows no signs of slowing down.

 

Within the City of Barrie, detached residential properties posted an average selling price for the month of December 2016 of $502,641 an increase of 28% over December 2015.

 

Residential townhouse, link, and semi‐detached homes in the City of Barrie posted an average selling price of $347,552 in December 2016, a 21% increase over December 2015.

 

Condominium sales average for the City of Barrie for the month of December 2016 was $398,909, a 78% increase compared to December 2015.

 

In Essa Township, detached residential properties posted an average selling price of $443,114 in December 2016, an increase of 46% over December 2015.

 

Detached residential properties in the Town of Innisfil posted an average selling price of $496,876 in December 2016, an increase of 39% over the month of December 2015.

The average selling price for detached residential properties in Oro‐Medonte in December 2016 was $650,757 an increase of 34% over December 2015.

 

Detached residential homes in Springwater Township posted an average selling price in December 2016 of $557,857an increase of 13% over December 2015.

 

 

The Barrie & District Association of REALTORS® Inc. covers a geographical area that includes the City of

Barrie and part or all of the surrounding townships, including Springwater, Oro‐Medonte, Innisfil, Essa,

Bradford‐West Gwillimbury and Clearview. Data is provided from the MLS® Database System of the Barrie

& District Association of REALTORS® Inc.

 

If you are curious as to what your home might be worth in today's market, please feel free to contact me for a FREE home evaluation.