Barrie Condo Market Report - November 2018

By: Ashley Lamb

Barrie Condo Market Report - November 2018

Tags: Condominiums for sale in Barrie Ontario, Condo market statistics, market report and trends, average and median sale prices, condo apartments, condo townhouses, by Ashley Lamb

It is wonderful to have seen some growth in the condominium sector of the Barrie real estate market in October. It was a small 1.3% increase in the median price for condos market wide, but at least we didn’t see a decrease. Although inventory is still way over 100 units for sale and are taking a month and a half to sell; on average, properties are still selling.   This month I decided t...Read More

Barrie Condo Market Report - October 2018

By: Ashley Lamb

Barrie Condo Market Report - October 2018

Tags: september market statistics, Barrie condos for sale, Sellers and Buyers of condos in Barrie, Slow Market/Buyers Market, Average Condo Prices, Condo Apartments, Condo Townhoues, By Ashley Lamb

It has been a very slow fall for the Barrie condo market and unfortunately quieter than the summer market was, which was shocking. Historically the market picks up a bit during the beginning part of the fourth quarter; September and October, then slows back down for a few months starting in November. Because there wasn’t much of a boost in the spring, I definitely thought we would see positi...Read More

Barrie Condo Market Report - September 2018

By: Ashley Lamb

Barrie Condo Market Report - September 2018

Tags: Condos in Barrie, Barrie Condo summer market statistics/trends, condo apartment and townhouse average pricing, prices of Barrie condominiums, real estate, by Ashley Lamb

As mentioned in my previous report, the summer months for real estate sales are traditionally slower than other seasons. Many people put their search on hold as they would rather head to the cottage, go camping or simply take some time away to soak in the sun.   The last two months have been the quietest real estate markets I have experienced in my real estate career. With inventory being so ...Read More

Barrie Condo Market Report - August 2018

By: Ashley Lamb

Barrie Condo Market Report - August 2018

Tags: Condos in Barrie, Barrie Condo summer market statistics/trends, condo apartment and townhouse average pricing, prices of Barrie condominiums, real estate, by Ashley Lamb

It has been an interesting year and a half for the Barrie real estate market where supply could not satisfy demand during the first quarter of 2017 resulting in double digit increases market wide. Now we have a surplus of inventory on the market where sellers are having to adjust their list price multiple times to attract buyers to their homes and remain competitive.    Although last mon...Read More

Barrie Condo Market Report - July 2018

By: Ashley Lamb

Barrie Condo Market Report - July 2018

Tags: Condos in Barrie, Growth for Barrie Condos, Average Pricing, Average Days on Market, Market Forecast & Statistics, Condo Market Report for Barrie, by Ashley Lamb

After a slow first 5 months of the year, the condo market in Barrie has bounced back! The average sale price for a condo apartment in June was $421,434 with units taking 39 days, on average, to sell. Average days on market for condo townhouses was 29 days with an average sale price of $338,914.   Why was the condo market slow for most of the first two quarters of 2018?   1) Traditionall...Read More

Barrie Condo Market Report - June 2018

By: Ashley Lamb

Barrie Condo Market Report - June 2018

Tags: Condos for sale in barrie, condo inventory, listiings, average days on market, average sale prices, condominium statistics, condo apartments, condo townhouses, Barrie condos, market updates, market report. ashley lamb.

After a very slow start to 2018 the Barrie condo market finally experienced growth last month in both the condo apartment and condo townhouse sectors.   It seems like sellers are starting to accept that Barrie is no longer in a seller dominant market. Units that have been listed for over 2 months and have gone through at least one price reduction, are finally selling. Most new condo units hit...Read More

Barrie Condo Market Report - May 2018

By: Ashley Lamb

Barrie Condo Market Report - May 2018

Tags: Condos for sale in Barrie, Condo inventory, Listings, Average Days on Market, Average Sale Price, Listing prices, Condominium Statistics, Condo Apartments, Condo Townhouses, Buyer's market, Barrie Condos, Market updates, market report, Ashley Lamb

Condo inventory continues to rise in Barrie as we move into, what is historically, one of the busiest months for real estate. Over the last couple of years, Barrie condo sellers have had the upper hand in the spring market where properties were selling within 2 weeks of listing and many going for over the asking price. This year is very much the opposite. Although demand has remained relatively th...Read More

Barrie Condo Market Report - April 2018

By: Ashley Lamb

Barrie Condo Market Report - April 2018

Tags: Condos for sale in Barrie, Condo inventory, Listings, Average Days on Market, Average Sale Price, Condominium Statistics, Condo Apartments, Condo Townhouses, Buyer's market

It is very surprising to report that the average price for a condominium in Barrie has increased from last month; condo apartments by 14% and condo townhouses by 10%. I find this shocking because condos available for sale went from 74 unit to 112 and average days on market doubled.   Out of the 112 condo units currently on the market, 79 are condo apartments and 33 are condo townhouses. In Ap...Read More

Condo Inventory Continues to Rise in Barrie 

By: Ashley Lamb

Condo Inventory Continues to Rise in Barrie 

Tags: Condos in Barrie, Barrie Condo Supply, Condos For Sale, Spring Condo Market in Barrie

  I can't believe how many condos have come available in Barrie over the last 3 weeks. When I was writing my March condo Market Report at the top of the month, there were 74 condos listed and today there are a total of 116 condos for sale; wow!! This might be a new record for condos available in Barrie at a given time. The spring inventory is starting to hit the market but the problem ...Read More

Barrie Condo Market Report - March 2018

By: Ashley Lamb

Barrie Condo Market Report - March 2018

Tags: Condos in Barrie, Barrie condo prices, Market Statistics, Average Pricing for Condo apartments and condo townhouses, Selling Condominiums, High Supply and Low Demand

Inventory for Barrie condos is way up! There are currently 74 units for sale; 61 apartments and 13 townhouses, which is what Barrie normally sees in the heat of a spring market. This time last year there were only 34 units on the market!! What does this mean? It’s unlikely we will have multiple offers on condos this March.   Both condo apartments and condo townhouses are taking an avera...Read More