October 2023 Market Update
KEY TAKEAWAYS:
- 457 residential units were sold in Simcoe County last month— a -17.51% decrease from October 2022
- Average price of residential units sold in Simcoe County was $842,950, which was -1.49% more than October 2022
- 142 units were sold during October 2023 within the City of Barrie— -17.92% less than the number of units sold in October 2022
- Average price of residential Barrie units sold during October 2023 was $743,797, which was 1.73% greater than October 2022
- Months supply of inventory amounted to 6.08 months, which was 72.70% greater than October 2022
- Year-over-year, total new residential listings were up 16.67% in comparison to October 2022
- Active listings increased by 42.46% in comparison to October 2022 for a total of 2,778 active listings in Simcoe County
Recent Blog Posts
Top Picks For Your Christmas Party In Barrie: A Culinary Tour
As the festive season approaches, it's time to start planning your…
Unlocking Real Estate Value: Full Service Discount vs. Traditional Fee Brokerages
Are you contemplating selling or buying a property in Barrie, Ontario or…
October 2023 Market Update
KEY TAKEAWAYS: 457 residential units were sold in Simcoe County last month…
Decoding the Silence: The Dynamics of Feedback Post Home Showings
Home showings are pivotal in real estate, opening doors for sellers to…