As we review the Simcoe County real estate Market Update May 2025, it’s clear we are continuing to operate in a very different landscape than we did just one year ago. Sales were down 17.3% year-over-year, with 434 homes sold this May compared to 509 in May 2024. That drop in sales volume signals continued buyer hesitation, likely tied to ongoing economic uncertainty and affordability concerns. However, when we zoom in month-over-month, we see a 19.5% increase in sales compared to April, which suggests that buyers are still active and responding to seasonal momentum.
The average sale price in Simcoe County came in at $849,002, virtually unchanged year-over-year, and up 3% from April. This stability in pricing, even with increased inventory levels, indicates that sellers are holding their ground and that demand remains steady for well-priced homes.
New listings jumped 32.4% from April and are up 16.3% year-over-year, while active listings hit 2,566, an increase of over 28% from May 2024. With months of inventory rising to 5.1 (up from 3.6 last year), buyers now have more selection and leverage, which is changing how properties are priced and negotiated.
There were a few notable changes in Simcoe County communities. Sales in Barrie declined 25.8% year-over-year, steeper than the county average. However, sales were up 8.2% from April, and average prices rose 2.6% month-over-month to $743,470. With nearly 1,000 active listings and over 700 new properties hitting the market in May, supply continues to outpace demand. Sellers need to stay competitive to capture buyer attention.
Essa continues to outperform. Sales jumped 28.6% compared to May 2024 and 24.1% over April. Prices are flat year-over-year but have risen 4.2% since last month, suggesting strong demand in this pocket. Inventory is up, but it appears the market here is absorbing it well.
Though sales were down 30.7% year-over-year, Clearview recorded the sharpest price appreciation across Simcoe County. The average sale price hit $1.24M, up over 24% year-over-year and a remarkable 34% from April. While activity has slowed, the price surge signals that buyers seeking unique or rural properties are still competing.
If you’re thinking about buying or selling, timing and strategy are everything right now. Inventory is growing, and buyers have more options. For sellers, pricing properly is crucial. For buyers, this is a window of opportunity before conditions shift again.
If you’d like a more specific breakdown for your property or neighbourhood, reach out for a complimentary market evaluation.
Disclaimer
The prices reflected in this media release are based on homes sold via the live Toronto MLS® System only. 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 prices reflected in this media release are based on homes sold via the live TRREB MLS® system only.
Using a Local Professional REALTOR®
“REALTOR®” is a professional designation. A REALTOR® is a licensed real estate professional belonging to local, provincial and national associations. They have completed an intensive real estate program and have the skill set, expertise and experiences that you will need when buying or selling your home. Realtors® have a network of resources available at their fingertips. They understand financing and mortgage rules, insurance and liability coverage, and all the legal details involved in real estate. As a skilled negotiator, your local Realtor® will help you get the most value when buying or selling a home.
If you are thinking about listing, don’t miss our tips for getting your home listing ready! In this article, we share tips to ensure your home is putting it’s best foot forward so that you can get top dollar. Whether it’s enhancing your curb appeal or depersonalizing, there are some user-friendly ways to attract buyers.
If buying is in your future, make sure that you view our home buyers FAQ to get all your questions answered. We want to ensure that whether you are buying or selling, you are educated and ready to tackle the market!