market-update-february-2020
11 Mar

Latest on the Real Estate Market & What it Means for You – February 2020

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Last month year-over-year housing prices were up in the Greater Barrie area and Southern Georgian Bay and down in Orillia.

Want to know what this means for you as you consider buying or selling a home?

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If you’re house-hunting, the number of new homes on the market is a good indication of how much inventory you’ll have to choose from. If you’re selling a home, the number of homes sold is a good indicator of how the market performed and whether the average sale price is up or down over the same time last year.

Greater Barrie Area

  • Average selling price is $552K, up 5.7% over February 2019
  • 19% more inventory than February 2019
  • 86% more homes sold than February 2019
    gba

Southern Georgian Bay

  • Average selling price is $476K, up 16.5% over February 2019
  • 53% more inventory than February 2019
  • 109% more homes sold than February 2019
    midland

Orillia & Area

  • Average selling price is $492K, d0wn 1.35% over February 2019
  • 14% more inventory than February 2019
  • 4% more homes sold than February 2019

orillia



While the information contained in this site has been presented with all due care, Faris Team assumes no responsibility or liability for any errors or omissions.
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