November 2021 Market Update
KEY TAKEAWAYS:
- 617 residential units were sold in Simcoe County last month— a 12.1% decrease from October 2021. During the same time a year ago, there was an 26.8% decrease from October to November
- Average price of residential units sold in Simcoe County was $845,644, which was 1.5% higher than October 2021
- 197 units were sold during November 2021 within the City of Barrie—10.5% less than the number of units sold in October 2021. A year ago, the number of units sold between October and November decreased 24.5%
- Average price of residential Barrie units sold during November 2021 was $836,147—8.6% more than the average sale price during October 2021
- The property type with the largest price gain was the Townhouse/Condo segment, where prices increased 34.9 percent to $580,000
- Market-wide, inventory levels were down 39.2 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 35.0 percent
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