October 2019 Market Update
Key Takeaways:
- 514 residential units were sold in Simcoe County last month—30.5% more than the same time last year
- Average price of residential units sold in Simcoe County was $522,527, which was 7.6% greater than that of October 2018
- 237 units were sold during October 2019 within the City of Barrie—19.1% more than the number of units sold during October 2018
- Average price of residential Barrie units sold during October 2019 was $490,854—5.5% greater than the average price of units sold during October 2018
- The price range that tended to sell the quickest was the $200,000 to $449,999 range at 36 days
- The price range with the largest gain in sales was the $450,000 and Above range, where they increased 18.3 percent
- The bedroom count with the strongest sales was 2 bedrooms—an increase of 19.8%
- Property type with the strongest sales was Single Family—an increase of 11.6%
- Market-wide, inventory levels were down 14.5 percent
Recent Blog Posts
Flat Fee MLS Listing in Ontario: How It Works (and When 1% Beats It)
A flat-fee MLS listing in Ontario works by paying a brokerage a fixed…
How 1% Listing Commissions Work in Ontario (and What You Actually Save)
A 1% listing commission in Ontario works by charging 1% of the sale price…
Is a 1% Commission Realtor Worth It in Ontario?
A 1% commission realtor is worth it for most Ontario home sellers who want…
How to Choose a Realtor in Orillia and What Selling Costs | Parker Coulter
Choosing the Right Realtor in Orillia: What Selling Costs and What to Ask…