By: Nicole Stirk

January 2020 Market Update

Open-concept kitchen

KEY TAKEAWAYS:

  • 263 residential units were sold in Simcoe County last month - 13.4% more than the same time last year
  • Average price of residential units sold in Simcoe County was $517,228, which was 6.3% greater than that of January 2019
  • 129 units were sold during December 2019 within the City of Barrie—22.9% more than the number of units sold during January 2019
  • Average price of residential Barrie units sold during January 2019 was $503,881—9.1% greater than the average price of units sold during January 2019
  • The price range that tended to sell the quickest was the $200,000 to $449,999 range at 35 days
  • The price range with the largest gain in sales was the $450,000 and Above range, where they increased 31.3 percent
  • The bedroom count with the strongest sales was 2 bedrooms—an increase of 20.2%
  • Property type with the strongest sales was Single Family—an increase of 18.6%
  • Market-wide, inventory levels were down 26.8 percent

January 2020 Market Update

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