September 2023 Market Update
KEY TAKEAWAYS:
- 506 residential units were sold in Simcoe County last month— a -7.16% decrease from September 2022
- Average price of residential units sold in Simcoe County was $823,541, which was -1.35% less than September 2022
- 165 units were sold during September 2023 within the City of Barrie— -14.95% less than the number of units sold in September 2022
- Average price of residential Barrie units sold during September 2023 was $754,790, which was 1.64% greater than September 2022
- Months supply of inventory amounted to 5.57 months, which was 39.74% greater than September 2022
- Year-over-year, total new residential listings were up 15.06% in comparison to September 2022
- Sales-to-new residential listings ratio decreased by 15% in comparison to September 2022
Recent Blog Posts
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…
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 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…