Barrie Condo Commentary - July 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Commentary - July 2021

Tags: barrie condominums, June condo sales, average sale price, average days on market, condo apartments, condo townhouses, condo listing strategy, barrie real estate, condo market report, condominium statistics

  After an incredible six months of record high sales in Barrie, we have started to see the first signs of the condo market slowing. The average days on market to sell a condo apartment in Barrie has begun to increase and most units are no longer selling for over their list price. When submitting an offer, many buyers are back in a negotiating position with sellers which is a nice break from...Read More

Barrie Condo Commentary - June 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Commentary - June 2021

Tags: condos in barrie, barrie condos, condominium prices, condo apartments, condo townhouses, the gallery condominiums, the manhattan condominiums, Timberwalk condo community, market report, market statistics, barrie real estate

  There is no doubt that the Barrie condominium market has flourished this year. Not only have premium locations like Barrie’s downtown and waterfront locations recorded new highs in terms of sale prices but so have other locations in and around Barrie.   There have been many condo units with unobstructed water views of Kempenfelt Bay selling for over a million dollars in recent m...Read More

Barrie Condo Commentary - May 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Commentary - May 2021

Tags: barrie condos, condos in barrie, average sale prices, april 2021 statistics, market report, condo townhouses, condo apartements, barrie real estate

Barrie is considered to be one of the fastest growing cities in Ontario. Over the past year, Barrie has seen such a large increase in real estate prices but is still much more affordable than other cities similar in its size in the province. Demand from both local Simcoe County buyers and people moving north from the Greater Toronto Area, has been driving the Barrie condo market and continues to t...Read More

Barrie Condo Market Report - April 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Market Report - April 2021

Tags: condos in barrie, barrie condo market, first quarter summary, Q1 2021, average sale prices, condo apartments, condo townhouses, march 2021 statistics, barrie market report, bidding wars in barrie, barrie real estate, freehold housing market

The first quarter (Q1) of 2021 started off relatively slow for the Barrie condo market, but after buyers in the housing market got fed up with the aggressive bidding wars and skyrocketing prices, many turned to condo ownership as it was less competitive and more affordable.   From mid-February to mid-March, condominium supply in Barrie was the lowest it had been since 2017, giving sellers the...Read More

First Quarter (Q1) 2021 Summary - Barrie Waterfront & Downtown

By: Ashley Lamb - Barrie Condominium Expert

First Quarter (Q1) 2021 Summary - Barrie Waterfront & Downtown

Tags: condos in barrie, barrie condos, waterfront communities, waterfront condominiums, water views, kempenfelt bay, first quarter, Downtown Barrie, average sales price

The condominium market was off to a slow start this year, compared to the housing market, but with the freehold residential market being as competitive as it has been over the last month and a half, many buyers have had no choice but to turn to condominium ownership.   During the first quarter of 2021 there were 39 condo apartments that sold in the downtown and waterfront communities in Barri...Read More

Barrie Condo Market Report - March 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Market Report - March 2021

Tags: condos in barrie, condo prices, days on market, condo market report, sellers market, barrie houses, freehold residential market, bidding wars

BARRIE BUYERS TURN TO CONDOS AFTER HOUSING PRICES SKYROCKET Condominium sales were up in February with a total of 50 units sold in Barrie. This was the first-time since August 2020 that there were this many units sold in a given month.   The freehold residential market has been very competitive this year so many buyers have had no choice but to turn to condominium ownership. In February, the...Read More

Barrie Condo Market Report - February 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Market Report - February 2021

Tags: condos in barrie, barrie condo market report, real estate statistics, barrie real estate, average sales price, average days on market, condo expert, status certificates, property management

The Barrie condo market was fairly quiet in January but turned into a full-blown seller’s market as we rolled into February. It is unbelievable how fast the real estate market can change.   The average sale price for a condo apartment in January was $461,117 with units selling in an average of 51 days for 101% of their original list price. However, the median days on market was 28, whic...Read More

Barrie Condo Market Report - January 2021

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Market Report - January 2021

Tags: Barrie Condos, Condos in Barrie, Average Sale Prices, Condo Apartments, Condo Townhouses, Year-Over-Year Statistics, Barrie Real Estate, Freehold Housing, Market Report, January 2021

  The Barrie real estate market did not skip a beat over the holidays. The craziness of 2020 has moved right into 2021 with a vengeance.     Barrie’s freehold residential housing market is the hottest it has ever been! Pre-emptive bully offers on many houses for sale and the number of offers getting registered are in the double digits by the time the requested offer date roll...Read More

Simcoe County Condominiums: 2020/2019 Comparison

By: Ashley Lamb - Barrie Condominium Expert

Simcoe County Condominiums: 2020/2019 Comparison

Tags: barrie condos, simcoe county condos, average sale price, average days on market, increased demand, year-over-year comparison, 2020/2019 real estate, market statistics

What is happening in the real estate market in Simcoe County? Prices have jumped tremendously due to the increase of demand in this region.  With more people working from home, many have decided to move out of the Greater Toronto Area and venture north. Not only are properties larger and more affordable but there are endless outdoor activities that residents embrace all year round; like swim...Read More

Barrie Condo Market Report - December 2020

By: Ashley Lamb - Barrie Condominium Expert

Barrie Condo Market Report - December 2020

Tags: Barrie Condos, Condos in Barrie, Real Estate 2020, World Pandemic, Market Report, Barrie Ontario, Remote Worker, Increase Demand, December 2020

  The Barrie condo market held strong right to the end of 2020.  After living through one of the most unpredictable years for real estate, it was pretty astonishing to have seen the growth in the local real estate market over the last two quarters.   The two key components that were driving the Barrie real estate market this year were low interest rates and the increased demand fro...Read More