The annual average price for all homes sold via the Association’s MLS® System in 2014 was a record $341,023, up 7.3 per cent from 2013.
The annual average price figure for homes sold within the City of Barrie was $319,558. This was a 6.6 per cent increase compared to the average selling price in 2013. The annual average price figure for the surrounding areas was $371,671, an increase of 7.8 per cent from 2013.
The Barrie & District Association of REALTORS® cautions that over a period of time,the use of average price information can be useful in establishing trends, but it does not indicate actual prices in widely divergent areas or account for price differentials between geographical areas.