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Condo Market Report

Barrie's condo market can change on a dime from month to month

Barrie's condo market can change on a dime from month to month

The average sale price for a condo apartment in January was $461,117 in Barrie, while condo townhouses went for $442,517
Barrie condo market didn't miss a beat over the holidays

Barrie condo market didn't miss a beat over the holidays

The two hottest parts of the condo market in Barrie right now are condo townhouses and units for sale under $400,000
Local condo market heats up as more people leave the GTA for the great outdoors

Local condo market heats up as more people leave the GTA for the great outdoors

Also, some helpful hints on how to safe if you're looking for a new abode
Barrie condo market held strong right to the end of 2020

Barrie condo market held strong right to the end of 2020

Two key components that drove the Barrie real estate market this year were low interest rates and increased demand from out-of-town remote workers
Sellers continue to dominate Barrie condo market

Sellers continue to dominate Barrie condo market

With the inventory so low and high demand, it's no wonder Barrie sellers are seeing fast sales and many units with multiple bids
Market heading into slower time of year, so expect condo sales to slow, too

Market heading into slower time of year, so expect condo sales to slow, too

'This does not mean that we will see prices drop, it could simply mean that we will see fewer listings hit the market, less multiple bids and average days on market could increase'
Condo sales level off to end the summer despite competitive market

Condo sales level off to end the summer despite competitive market

Average sale price for condo apartments in August was $447,559, while condo townhouses fetched $377,333 on average
Condo sales levelling off as end of summer nears

Condo sales levelling off as end of summer nears

If condo sales start to slow down, there's a chance we will move into a more balanced market this fall, says columnist
As the economy begins to rebound, so does the local condo market

As the economy begins to rebound, so does the local condo market

Total condominium sales in June was just short of doubling May numbers
Barrie condo market beginning to bounce back after taking hit from COVID

Barrie condo market beginning to bounce back after taking hit from COVID

Sale-to-list ratio rising, indicating negotiations have become tighter and properties have been selling closer to the asking price