August 2020 Market Update

KEY TAKEAWAYS:

• 1119 residential units were sold in Simcoe County last month— a 54.6% increase from August 2019
• Average price of residential units sold in Simcoe County was $633,689, which was 27.1% higher than August 2019
• 320 units were sold during August 2020 within the City of Barrie—42.9% greater than the number of units sold in August 2019
• Average price of residential Barrie units sold during August 2020 was $567,469—15.7% greater than the average sale price during August 2019
• The property type in Simcoe County with the highest number of units sold last month was Detached. 807 detached homes were sold last month in Simcoe County which was 48.1% greater than August 2019.