September 2021 Market Update

KEY TAKEAWAYS:

• 737 residential units were sold in Simcoe County last month— a 0.5% increase from August 2021. During the same time a year ago, there was an 8.7% decrease from August to September
• Average price of residential units sold in Simcoe County was $801,619, which was 0.1% lower than August 2021
• 229 units were sold during September 2021 within the City of Barrie—13.4% more than the number of units sold in August 2021. A year ago, the number of units sold between August and September increased 0.6%
• Average price of residential Barrie units sold during September 2021 was $779,367—3.9% more than the average sale price during August 2021
• The property type with the largest price gain was the Townhouse/Condo segment, where prices increased 32.1 percent to $550,550

• Market-wide, inventory levels were down 39.6 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 32.8 percent