Home Sales Set New October Record!

As we blaze through Autumn, home sales across Barrie and District are on fire - marking the sixth record month in a row!  President of the Barrie & District Association of Realtors, Bruce Shipley, credits "record level demand" that has "drawn inventories down to their lowest levels in over a decade."  The year-to-date number of home sales was up nearly 9% over the same period last year, and puts Barrie on track for the best year on record.  The year-to-date average price for all homes sold in the region was $372,280 - an increase of nearly 10% over the same period last year.  The biggest price gains were seen in Springwater - where the year-to-date average selling price was $527,897 - a 24% increase over the same period last year.  Oro-Medonte posted a close second, with year-to-date average selling prices reaching $481,999 - a 14% increase over the same period last year.  And the market shows no signs of slowing down as we head into November and December.  Happy buying and selling!

 

Sharon Posius

Sharon Posius

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