Housing market April 2016 | The Fournier Experience

Once again The Barrie & District Association of Realtors is reporting some pretty strong numbers, particularly in the Barrie and Innisfil housing market!  In fact, Barrie is tied with Toronto for the third highest year-over-year increase according to a recent survey by Leger, a market research firm.

 

Here are the numbers:

BARRIE & AREA HOUSING MARKET STATISTICS

Barrie, ON, May 2, 2016– “Hot Spring market sizzles on!”

“Your professional REALTOR® can help avoid getting burned. A clear understanding of your personal situation is now more important than ever. Call the experts!” Says Mike Douglas, President of the Barrie & District Association of REALTORS® Inc.

City of Barrie

Within the City of Barrie, detached residential properties posted an average selling price for the month of April 2016 of $438,006, an increase of 17% over April 2015.

Residential Townhouse, Link and Semi-Detached homes in the City of Barrie posted an average selling price of $313,784 in April 2016, a 15% increase over April 2015.

Condominium sales average for the City of Barrie for the month of April 2016 was $238,943, a 13% increase over April 2015.

Essa Township

In Essa Township, detached residential properties posted an average selling price of $432,088 in April 2016, an increase of 8% over April 2015.

Town of Innisfil

Detached residential properties in the Town of Innisfil posted an average selling price of $452,969 in April 2016, an increase of 16% over the month of April 2015.

Oro-Medonte Township

The average selling price for detached residential properties in Oro-Medonte in April 2016 was $465,193, a decrease of -19% compared to April 2015.

Springwater Township

Detached residential homes in Springwater Township posted an average selling price in April 2016 of $513,686, a decrease of -11% compared to April 2015.

The market has definitely continued to be a difficult one to navigate for buyers going it alone.  Multiple offers and bidding wars continue to be the norm, particularly within the $250k to $450k range.  If you have any questions about the market , home prices or what a move might cost you contact us today!

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