Barrie’s condo market hasn’t experienced the same drop in prices like the residential freehold market has over this summer. Instead they have leveled off. The average sales price for condo apartments in July was $363,848 and $279,742 for condo townhouses, only a few thousand difference from June.   Although we haven’t seen any major change in prices, condos are now t...Read More

  Condo sales in Barrie were down in June causing the average price for condo apartments to drop to $360,986, with a median of $274,000. Why such a gap between the average and median? There were a few higher end properties that sold which skewed the average price. Average days on market increased to 3 weeks and many sellers that were being unreasonable with their list price had to make a tou...Read More

There has been lots of doom and gloom in the media and with the implementation of the foreign buyer tax, many buyers have decided to put their searches on hold to see if there’s going to be a short term slow down or a market correction. That said, I have noticed that the condo market in Barrie has been going through a transition over the past couple weeks. Some waterfront condos and others o...Read More

  With demand remaining high, prices for condos continue to rise in the Barrie area. The average price for condo apartments last month was $354,662; a 46% increase in price from April 2016. Townhouses saw a 42% increase with the average price being $314,500.  The average days on market for both condo types has been under 2 weeks, where units are selling in half the time than a year ago ...Read More

There has been unbelievable growth in Barrie's condo market since this time last year where condo apartments have increased 26% in price and condo townhouses by 48%. The main reason why there has been such a large increase in price is because the current supply is not satisfying the demand. The condo market is very tight right now where properties are selling in half the time than a year ago ...Read More

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 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

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

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

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