January 2022 Market Update

KEY TAKEAWAYS:

• 427 residential units were sold in Simcoe County last month— a 9.0% decrease from January 2021.
• Average price of residential units sold in Simcoe County was $982,656, which was 33.0% higher than January 2021
• 152 units were sold during January 2022 within the City of Barrie—5.0% less than the number of units sold in January 2021
• Average price of residential Barrie units sold during January 2022 was $936,353—35.4% more than the average sale price during January 2021
• The price range with the largest gain in sales was the $629,000 and Above range, where they increased 118.1 percent
• Market-wide, inventory levels were down 23.2 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 21.5 percent