cost of houses in barrie
13 Aug

Latest on the Real Estate Market & What it Means for You – July 2019

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Last month, year-over-year housing prices were relatively flat in the Greater Barrie Area, up only .7%, but were up in Southern Georgian Bay by 9.7% and 4.5% in Orillia and Area.

Want to know what this would mean for your family if you decide to buy or sell a home?

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If you’re house-hunting, the number of new homes on the market is a good indication of 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.

price of houses in barrie

Greater Barrie Area (GBA)

  • Average selling price is $529K, up .7% over July 2018
  • 6% more new inventory than July 2018
  • 17.6% more homes sold than July 2018

price of houses in midland

Southern Georgian Bay

  • Average selling price is $416K, up 9.7% over July 2018
  • 16.5% more new inventory than July 2018
  • 4.9% fewer homes sold than July 2018

price of houses in orillia

Orillia & Area

  • Average selling price is $519K, up 4.5% over July 2018
  • 60% more new inventory than July 2018
  • 9.4% fewer homes sold than July 2018

 

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