Condo Market Report

Keep in mind that all brokerages have their own policies and procedures in place

New active listings were down the second half of March and the number of units sold last month was lower than in February 2020

However, looks like the market is tightening as we move further into 2020

Average sale price for a condo apartment in Barrie for January was $398,245, which was a four per cent increase from December 2019

Year-over-year for December figures, the average sale price for a condo apartment went down nine per cent and up 19 per cent for condo townhouses

Average sale price for a condo apartment in Barrie last month was $347,743, a drop of 23 per cent from October, and the median price went down 30 per cent to $320,000

More units were sold in October than September, which is a rarity, says Barrie and District Association of Realtors

One of the things that September had over the spring market was that condos took less time to sell

81 condo units sold in Barrie in July and August, which was approximately 20 more than last summer

There are currently a total of 96 condos on the market in Barrie; expect active listings to increase in September