What Happened to our Market in 2018? 

Simcoe County

# of Units Sold

In Simcoe County, December 2018 Year to Date (YTD) (January 1st, 2018 – December 31st, 2018), the number of sales saw a 13.8% decline as compared to December 2017 YTD, (January 1st, 2017 – December 31st, 2017). Totalling 4275 units sold for December 2018 YTD for Simcoe County, compared to 4960 units sold for December 2017 YTD.

Average Price

The average price of units sold in the year 2018 was $499,233, and this is 3.9% less than the average price for the year 2017.

City of Barrie

# of Units Sold

Sales for the year 2018 in the City of Barrie totalled 2,108 units sold. This was 20.4% less than the number of units sold in 2017.

Average Price

The average price over the last 12 months in Barrie was $485,815, which is 0.7% greater than the average price during 2017. This is the greater than that of the average price for Simcoe County (-3.9%), which saw a decline of 3.9%. 

Residential sales in Barrie in 2018 accounted for 49.3% of sales in Simcoe County, and this is 4.1 share points less than what Barrie accounted for in 2017.

Simcoe County Excluding Barrie

# of Units Sold

The number of units sold in Simcoe excluding Barrie the year 2018 was 2167—6.3% less than the number of sales in 2017.

Average Price

The average price of residential homes outside of Barrie in the year 2018 was $521,377, which is a 4.9% decline from the average price of non-Barrie residences in 2017. This is a greater decline than that of total Simcoe County which saw a decline of 3.9%.

Residential sales outside of Barrie at this time accounted for 50.7% of residential sales in the whole region. This is 4.1 share points more than Simcoe excluding Barrie’s share in 2017.  

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