“Should I Buy? Should I Sell? Here’s the latest info. ” “Ask your REALTOR® to discuss the stats. Timing could be right!” Says Mike Douglas, President of the Barrie & District Association of REALTORS® Inc.
Information from BARRIE & DISTRICT ASSOCIATION OF REALTORS® INC. from February 2016.
City of Barrie
Within the City of Barrie, detached residential properties posted an average selling price for the month of February 2016 of $422,631, an increase of 19% over February 2015. Residential Townhouse, Link and Semi-Detached homes in the City of Barrie posted an average selling price of $315,794 in February 2016, an increase of 19% over February 2015 activity.
Condominium sales average for the City of Barrie for the month of February 2016 was $245,945, a 12% increase over February 2015.
In Essa Township, detached residential properties posted an average selling price of $411,900 in February 2016, an increase of 7% compared to February 2015 activity.
Town of Innisfil Detached residential properties in the Town of Innisfil posted an average selling price of $419,081 in February 2016, an increase of 7% over the month of February 2015.
The average selling price for detached residential properties in Oro-Medonte in February 2016 was $484,709, an increase of 17% over February 2015.
Detached residential homes in Springwater Township posted an average selling price in February 2016 of $577,650, a 45% increase over February 2015 activity.
The Barrie & District Association of REALTORS® cautions that over a period of time, the use of average price information can be useful in establishing trends, but it does not indicate actual prices in widely divergent areas or account for price differentials between geographical areas. The Barrie & District Association of REALTORS® Inc. covers a geographical area that includes the City of Barrie and part or all of the surrounding townships, including Springwater, Oro-Medonte, Innisfil, Essa, Bradford-West Gwillimbury and Clearview. Data provided from the MLS® Database System of the Barrie & District Association of REALTORS® Inc.