February 2021 Market Update

KEY TAKEAWAYS:

• 835 residential units were sold in Simcoe County last month— a 78.0% increase from January 2021. During the same time a year ago, there was a 62.2% increase from January to February
• Average price of residential units sold in Simcoe County was $744,944, which was 0.6% higher than January 2021
• 345 units were sold during February 2021 within the City of Barrie—117.0% more than the number of units sold in January 2021
• Average price of residential Barrie units sold during February 2021 was $709,987—2.8% greater than the average sale price during January 2021
• The property type in Simcoe County with the highest number of units sold last month was Detached. 1,014 detached homes were sold last month in Simcoe County which was 35.2% greater than February 2020