May 2021 Market Update

KEY TAKEAWAYS:

• 1,063 residential units were sold in Simcoe County last month— a 10.1% decrease from April 2021. During the same time a year ago, there was a 94.3% increase from April to May
• Average price of residential units sold in Simcoe County was $800,516, which was 3.1% higher than April 2021
• 366 units were sold during May 2021 within the City of Barrie—0.8% less than the number of units sold in April 2021. A year ago, the number of units sold between May and April grew 111.2%
• Average price of residential Barrie units sold during April 2021 was $743,752—2.3% greater than the average sale price during April 2021
• The property type in Simcoe County with the highest number of units sold last month was Detached. 3,732 detached homes were sold last month in Simcoe County which was 89.5% greater than May 2020