March 2020 Market Update

KEY TAKEAWAYS:
- 480 residential units were sold in Simcoe County last month—16.5% more than the same time last year
- Average price of residential units sold in Simcoe County was $544,922, which was 6.1% greater than that of March 2019
- 245 units were sold during March 2020 within the City of Barrie—23.7% more than the number of units sold during March 2019
- Average price of residential Barrie units sold during March 2020 was $536,528—9.0% greater than the average price of units sold during March 2019
- Property type with the strongest sales was Single Family—an increase of 18.7%
- The median days on market in Barrie District for March 2020 was 13 days
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