Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. numbered 471 units in April 2014. This was down eight per cent from last April.
Within the City of Barrie sales activity was down seven per cent from a year earlier.
The City of Barrie saw 286 residential sales in April. A year-over-year decrease of 10 per cent was recorded in surrounding areas, where sales activity totalled 185 units.
The year-to-date average price figure for homes sold within the City of Barrie was $316,813. This was a seven per cent increase compared to the average selling price in April 2013. The year-to-date average price figure for the surrounding areas was $362,613, an increase of nine per cent.
The dollar value of all home sales in April 2014 was $157.6 million, down six per cent from year-ago levels.
Overall supply remains below levels seen in most of the past decade. Active residential listings on the Association’s MLS® System numbered 1,396 units at the end of April 2014, down 14 per cent from year-ago levels and the lowest April in more than a decade.
Sales of all property types in the Barrie region numbered 485 units in April, down eight per cent compared to April 2013. The total value of all properties sold in April 2014 was $160.4 million, down six per cent on a year-over-year basis.