Barrie March 2015 Real Estate Stats- It's a Seller's Market!!

Barrie and District home sales post second best ever month of March

Residential property sales recorded through the MLS® System of the Barrie &

District Association of REALTORS® Inc. numbered 451 units in March 2015. This was

an increase of 16.5 per cent from March 2014.

Within the City of Barrie, sales activity rose 15.5 per cent on a year-over-year basis.

The City of Barrie saw 275 residential sales in March. A year-over-year increase of

18.1 per cent was recorded in surrounding areas, where sales activity totalled 176

units.

On a year-to-date basis home sales totalled 1,004 units over the first quarter of

2015. This is up 14.7 per cent from the same period in 2014.

“The market remains very active, with March sales hitting their second highest level

on record for that month,” said Bruce Shipley, President of the Barrie and District

Association of REALTORS®. “With months of supply still running near record lows,

sellers have the upper hand and prices are likely to continue to push higher.”

The year-to-date average price for all homes sold via the Association’s MLS® System

in 2015 was $348,062, up 3.7 per cent from the same period in 2014.

The year-to-date average price figure for homes sold within the City of Barrie was

$323,689. This was a 2.4 per cent increase compared to the year-to-date average

selling price in 2014. The year-to-date average price figure for the surrounding areas

was $385,018, an increase of 5.7 per cent from the year-to-date average selling

price in 2014.

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