Market update August 20 2008

Sales stats for the Barrie market are as follows.

As of this morning there were 969 free hold properties listed within Barrie.  (Freehold meaning condominiums were not included in the data collected.)

From Jan 1 to Aug 20 2008,  1802 residential freehold units have been sold. The average sale price over this period of time has been $260,781.00 

From Jan 1 to Aug 20 2007, 2051 residential freehold units were sold with an average sale price of $250,689.00

From this data, it appears that while the average sale price of a home continues to climb, the number of buyers in the market to purchase a home has fallen.  With the number of homes on the market, the buyers have an advantage especially in the higher price ranges.

This does not include properties sold outside of Barrie and does not include rentals and time shares less than $15000.00 that may have been included on the MLXchange program .

For a more detailed report or statistics for your area please feel free to call or e-mail with specifics.

Patricia McCallum

Patricia McCallum

Sales Representative
CENTURY 21 B.J. Roth Realty Ltd., Brokerage*
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