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