Barrie and District Association of Realtors Stats

for the Month of August 2018

Year over Year

Simcoe County:

Through the month of August, BDAR Matrix™ System recorded 443 sales—37.2% more than last year. Despite an increase in transactions, the average price of residential sales was $498,179, which is a 1.2% growth from the same time last year. Average price is down 3.1% from last month.

City of Barrie:

Matrix™ recorded 203 sales in the month of August within the City of Barrie, and this is 19.4% more than the number of sales in August 2017. This growth in transactions is, however, less than the growth in transactions of the total Simcoe region (31.9%).
The average price of residential homes in Barrie for August 2018, is $473,728—4.5% more than the same time last year. This rise in average price this month is larger than the total Simcoe region (1.2%). On a monthly timeline, prices in August declined 1.8% from July.
Additionally, Barrie’s sales accounted for 45.8% of sales in Simcoe County last month, which is 6.8 share points less than the same time last year.

Simcoe County Excl. Barrie

August 2018, saw 240 residential properties sold in Simcoe County excl. Barrie. The number of transactions is 56.9% more than that of August last year. This growth is greater than the growth of total Simcoe County (37.2%).
But even with an increasing number of sales, the average price of homes slipped 1.7% compared to August of last year. This is in contrast to the slight growth that the total Simcoe region saw (1.2%).
Furthermore, average home prices declined 3.1% from last month. Simcoe excl. Barrie sales accounted for 54.2% of sales in Simcoe County in August—a 6.8 share point increase from the same time last year.

2018 YTD Over 2017 YTD

Simcoe County

In Simcoe County, the number of sales for August 2018, YTD (January 1st, 2018-August 31st, 2018) amounted to 2983. This is a 18% decline when compared to the same timeframe in 2017. The average price also declined 5.7% and was $501,615.
 

City of Barrie

Within the City of Barrie, there were 1456 sales YTD. This is 24.4% less than the same time frame last year. This decline in the number of sales is greater than the decline in the total Simcoe region (-18.0%).
 
The average price of residential properties in Barrie also declined 5.3% from the same time last year and hit $479,195.
 
This decline is slightly less than the decline in the total Simcoe (-5.7%). Residential sales in Barrie accounted for 48.8% of sales in Simcoe County. This is 4.2 share points less than the same time last year.
 

Simcoe County Excl. Barrie

Outside of Barrie, the number of transactions for August 2018, YTD came to 1527, and this is 10.6% less than the same time in 2017. This decline is less than that of the total Simcoe region (-18.0%).
 
The average price during this time was $522,992—a 6.9% decline from the same timeframe last year. This decline is greater than the decline that the total Simcoe County saw (-5.7%).
 
The residential sales in Simcoe County excl. Barrie accounted for 51.2% of sales in Simcoe County. This is 4.2 more share points than the same timeframe last year. P
 
 
 

awards_long