Barrie Condo Market Report - March 2017

By: Ashley Lamb

Barrie Condo Market Report - March 2017

Tags: Barrie Condos, Condominiums for Sale in Barrie, Barrie Market Statistics, Condo Market Report for Barrie Ontario, Average Condo Sales, Condo Apartments, Condo Townhouses, By Ashley Lamb

Wow! This market has really heated up early and I expect it to remain this way until the summer. The average sale price for a condo apartment in Barrie last month was $344,336, which was a 24.8% increase from February 2016. Units are selling for 99.46% of asking and the average days on market was 28. I was surprised to see the average days on market that high as it seems like most properties have...Read More

Barrie Condo Market Report - February 2017

By: Ashley Lamb

Barrie Condo Market Report - February 2017

Tags: Barrie Condos, Condominiums for sale in Barrie, average condo sale prices, median condo sale prices, condo apartments, condo townhouses, Barrie Market Statistics, condo market report for Barrie Ontario, by Ashley Lamb condo expert

Barrie real estate has had a fantastic kick off to the year with the average sale price for detached houses and semis surpassing $500,000 and houses selling for 104.24% of their list price. I expect the demand for condos to continue to increase as buyers will get out priced of the residential freehold market and start looking at condo living. Condo townhouses is the first sector of the real estat...Read More

Barrie Condo Market Report - January 2017

By: Ashley Lamb

Barrie Condo Market Report - January 2017

Tags: Condos in Barrie, Barrie Condos, Average Condo Sale Price, Barrie Market Statistics, Barrie Market Report, Condo Apartments and Condo Townhouses For Sale, Market Conditions, Condo Supply and Demand in Barrie, By Ashley Lamb

We are only 2 weeks into the New Year and condos in Barrie are already selling in record time. Buyer demand is still very high and there is still a shortage of units for sale.   This month I thought I'd look at where the market currently is and compare it to January 2016. These were my findings:   January 2016: 1. The average list price for a condo townhouse was $193,233. 2. The aver...Read More

Barrie Condo Market Report - December 2016

By: Ashley Lamb

Barrie Condo Market Report - December 2016

Tags: Condos in Barrie, Barrie Condos, Average Condo Sale Price, Barrie Market Statistics, Barrie Market Report, Condo Apartments and Condo Townhouses For Sale, Condo Supply and Demand in Barrie, By Ashley Lamb

This year has been quite the year for condos in Barrie. Not only have condos been selling in record time but the growth has been extraordinary. Condo apartments have increased 35% from this time last year with a new average sale price of $317,379. Because inventory was low and demand shot right up, average days on market for condo apartments went from 52 days to only 24, over the last 12 months. &...Read More

Barrie Condo Market Report - November 2016

By: Ashley Lamb

Barrie Condo Market Report - November 2016

Tags: Condos in Barrie, Barrie Condos, Average Condo Prices, Barrie Market Statistics, Barrie Market Report, Condo apartements and condo townhouses for sale, Condo Supply and Demand in Barrie, by Ashley Lamb

September was the first time this year the Barrie condo market experienced a decrease in prices and average days on market nearing a month. I am happy to say that this trend did not continue through October. Condos are back selling in record time and average sales price for condo apartments increased by 9.52% and 20.09% for condo townhouses over the last month.   Why such a change from one mo...Read More

Barrie Condo Market Report - October 2016

By: Ashley Lamb

Barrie Condo Market Report - October 2016

Tags: Condos in Barrie, Barries Condo Market Statistics, Average Prices, Average Days on Market, Seasonal Changes, Condo Apartments, Condo Townhouses for Sale, Condo Market Report for Barrie Ontario, By Ashley Lamb

After experiencing record highs for Barrie condos all spring and summer, the fall market has slowed down quite a bit. Since last month we have experienced a 15% decrease in condo prices, which is the first drop we have seen all year. But there is no need to be concerned!   Every city experiences seasonal cycles; heightening and softening, in their market place throughout any given year. This ...Read More

Barrie Condo Market Report - September 2016

By: Ashley Lamb

Barrie Condo Market Report - September 2016

Tags: Condos in Barrie, Barrie Condos, Average Prices for Condos, Average Days on Market, Growth in Barrie Real Estate, Condo Apartments and Condo Townhouses for Sale, Condo Market Report for Barrie Ontario, Ashley Lamb

September has arrived, kids are back to school and buyers are resuming their house hunt now that the summer holidays have come to a close. Although many were away over July and August, Barrie’s condo market did not slow down.  24 condo apartments sold in August and 12 condo townhouses with average days on market being only 2 weeks!! We saw lots of growth this summer for condos in Barri...Read More

Barrie Condo Market Report - August 2016

By: Ashley Lamb

Barrie Condo Market Report - August 2016

Tags:

Condos in Barrie, Barrie Condos, Average Pricing for Condos, Condo Prices, Growth in Barrie Real Estate, Condo Apartments and Condo Townhouses, Barrie Condo Stats, Condo Market Reports, Barrie REal estate

We are halfway through the summer and the Barrie condo market is as hot as ever. 23 condo apartments sold last month and 11 condo townhouses with average days on market being a short 3 weeks!! Who said that condos are not in a high demand in Barrie?! In July the average sale price for a condo townhouse was $216,644 which is still very affordable for a two level property, many with built-in garage...Read More

Barrie Condo Market Report - July 2016

By: Ashley Lamb

Barrie Condo Market Report - July 2016

Tags: Condos in Barrie, Barrie Condos, Average Pricing for Condos, Condo Prices, Growth in Barrie Real Estate, Condo Apartments and Condo Townhouses, Barrie Condo Stats

  The spring market has come to a close and June finished off the first half of the year with record highs for Barrie’s condo market. The average sale price for a condo apartment in June was $289,409; a 29% increase from June of 2015, and condo townhouses are selling for an average price of $281,190, which is a 41% increase from a year ago.   Many people are shocked on how much th...Read More

Market Correction for Barrie Real Estate?

By: Ashley Lamb

Market Correction for Barrie Real Estate?

Tags: Barrie real estate, housing market, condo market, supply and demand, market correction or bubble

  Halfway through the year and Barrie’s real estate market is still on track to set a new annual record in 2016, said Mike Douglas, President of the Barrie and District Association of REALTORS. This year is the first time in history where we have seen this kind of growth in such a short period of time in Barrie. Buying property is more than just putting in an offer and negotiating wit...Read More