January 2021 Market Update

KEY TAKEAWAYS:

• 466 residential units were sold in Simcoe County last month— a 6.6% decrease from December 2020. During the same time a year ago, there was a 7.5% increase from December to January
• Average price of residential units sold in Simcoe County was $733,309, which was 9.2% higher than December 2020
• 160 units were sold during January 2021 within the City of Barrie—10.1% less than the number of units sold in December 2020
• Average price of residential Barrie units sold during January 2021 was $691,307—6.0% greater than the average sale price during December 2020
• The property type in Simcoe County with the highest number of units sold last month was Detached. 367 detached homes were sold last month in Simcoe County which was 27.9% greater than January 2020