By: Nicole Coulter

March 2023 Market Update

March 2023 Market Update

KEY TAKEAWAYS:

  • 378 residential units were sold in Simcoe County last month— a 31.9% decrease from March 2022
  • Average price of residential units sold in Simcoe County was $821,378, which was 18.1% less than March 2022
  • 195 units were sold during March 2023 within the City of Barrie—27.8% less than the number of units sold in March 2022
  • Average price of residential Barrie units sold during March 2023 was $725,965—21.9% less than the average sale price during March 2022
  • The price range with the smallest decline in sales was the $$485,000 to $628,999 range, where they decreased 21.1 percent
  • Market-wide, inventory levels were up 49.9 percent. The property type that gained the most inventory was the Townhouse/Condo segment, where it increased 100.0 percent
  • Months supply of inventory for Single Family homes amounts to 2.4 months while Townhouse/Condo amounts to 2.6 months

March 2023 Market Update

Back to Recent Posts

Recent Blog Posts

The Low Fee Brokerage Advantage

By: Parker Coulter

Maximize Your Sale with Parker Coulter Real Estate: The Low-Fee Brokerage Advantage

In the bustling real estate market of Simcoe County, homeowners are…

Read Full Post
Unlocking Simcoe County’s Real Estate Trends: A February 2024 Analysis

By: Nicole Coulter

Unlocking Simcoe County’s Real Estate Trends: A February 2024 Analysis

As the real estate market continues to evolve, it's crucial to keep a…

Read Full Post
February 20th, 2024 CPI beat and what it means for Real Estate

By: Parker Coulter

February 20th, 2024 CPI beat and what it means for Real Estate

In light of Canada's recent economic update, which revealed a notable…

Read Full Post
Navigating Through January 2024 Market Trends

By: Parker Coulter

Simcoe County Real Estate: Navigating Through January 2024's Market Trends

The real estate landscape in Simcoe County has presented an interesting mix…

Read Full Post