Residential property sales showed that year-over-year sales and average price of units sold continued strong across most regions, with properties outside of the City of Barrie showing stronger growth. The real estate market begins to slow down this time of year. Month-over-month sales declined slightly more than the same time last year. 

 

 

711 residential units were sold in Simcoe County last month—a 27.4% decrease from October 2020. During the same time a year ago (October 2019 to November 2019), there was a 21.8% decrease in the number of units sold. 

 

The average price of residential units sold last month was $644,231—a 1.3% decrease from October 2020. This decline was slightly greater than the month-over-month change in average price a year ago which decreased 0.6% from October to November.

 

240 units were sold last month within the City of Barrie, which was 25.7% less than the number of units sold the month prior. A year ago, the number of units sold between November and October decreased 13.9%. 

 

The average price of units sold within Barrie during November 2020 was $588,265. This was 1.3% less than the average price during October 2020. In comparison, the average price of units sold between November 2019 and October 2019 decreased by 4.3%. 

 

 

711 residential units were sold in Simcoe County last month—22.6% greater than the same time last year. As well, the average price of residential units sold was $644,231, which was 25.1% greater than that of November 2019. 

 

240 residential units were sold during November 2020 within Barrie. This was 17.6% more than the number of units sold during November 2019. This growth was less than that of total Simcoe County (+22.6%). 

 

The average price of residential Barrie units sold during November 2020 was $588,265—21.6% greater than the average price of units sold during November 2019. This growth was less than the average-price growth of total Simcoe County (+25.1%). Sales in Barrie accounted for 33.8% of residential sales in Simcoe County last month. This was 1.4 share points less than the same time last year.

 

 

8666 residential units were sold in Simcoe County during November 2020 Year-To-Date (YTD) (January 1st, 2020 – November 30th, 2020). This was 23.9% more than what was sold during the same timeframe last year (January 1st, 2019 – November 30th, 2019).

 

The average price of residential units sold during November 2020 YTD was $593,352. This was 17.1% greater than the average price during the same timeframe last year. 

2808 units were sold in the City of Barrie during November 2020 YTD. This was a 27.4% growth from the same timeframe last year. This growth was greater than the increase in total Simcoe County (+23.9%). 

 

The average price of units sold within the City of Barrie during November 2020 YTD was $561,482. This was 14.1% more than the same timeframe last year. This growth was lesser than what was seen in the total Simcoe region (+17.1%). During November 2020 YTD, Barrie accounted for 32.4% of residential properties sold. This was 0.9 share points more than the same timeframe during 2019.

 

 

*BARRIE AND DISTRICT ASSOCIATION OF REALTORS® (BDAR) RELEASE NOVEMBER 2020 STATISTICS December 7th, 2020