“The housing market remains strong in the region, with prices rising from this time last year. This is why it is important to have your local, professional REALTOR® help you with your real estate transactions.” ‐ Rob Alexander, 2017 President, Barrie & District Association of REALTORS® Inc. (BDAR)
City of Barrie
Within the City of Barrie, detached residential properties posted an average selling price for the month of February 2017 of $587,370 an increase of 39% over February 2016.
Residential townhouse, link, and semidetached homes in the City of Barrie posted an average selling price of $420,875 in February 2017, a 33% increase over February 2016.
Condominium sales average for the City of Barrie for the month of February 2017 was $329,259, a 30% increase compared to February 2016.
Essa Township
In Essa Township, detached residential properties posted an average selling price of $578,000 in February 2017, an increase of 40% over February 2016.
Town of Innisfil
Detached residential properties in the Town of Innisfil posted an average selling price of $536,039 in February 2017, an increase of 28% over the month of February 2016.
Oro‐Medonte Township
The average selling price for detached residential properties in Oro‐Medonte in February 2017 was $646,038 an increase of 32% over February 2016.
Springwater Township
Detached residential homes in Springwater Township posted an average selling price in February 2017 of $705,607 an increase of 22% over February 2016.
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.