October 2020 Market Update

KEY TAKEAWAYS:

• 971 residential units were sold in Simcoe County last month— a 30.5% increase from October 2019
• Average price of residential units sold in Simcoe County was $649,793, which was 25.5% higher than October 2019
• 318 units were sold during October 2020 within the City of Barrie—34.2% greater than the number of units sold in October 2019
• Average price of residential Barrie units sold during October 2020 was $598,460—18.4% greater than the average sale price during October 2019
• The property type in Simcoe County with the highest number of units sold last month was Detached. 726 detached homes were sold last month in Simcoe County which was 30.8% greater than October 2019.