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2019 Real Estate Market Conditions

(Published on - 7/29/2019 4:25:29 PM)

Real Estate Market Conditions & Stats

*June 2019 Barrie Ontario

  • Within the City of Barrie there were 227 residential sales recorded in June 2019, an decrease of 13.7% on a year-over-year basis. The average price of homes sold in June 2019 was $518,225, up 2.3% from June 2018. The year-to-date average price of homes sold within the City of Barrie in 2019 was $492,493, up 2.1%.
  • In the surrounding areas there was a total of 224 units sold in June 2019, a year-over-year increase of 23.2%. The year-to-date average price of homes sold in the surrounding areas in 2019 was $542,541; an increase of 4.2% when compared to 2018.
  • Active residential listings numbered 1,016 units at the end of June.

 

  • Home Price Index is a more accurate way to track price trends. The HPI, or benchmark price for Barrie and District was $466,600 in May 2019. Down only 6.1% compared with May 2018.
  • Benchmark price (HPI) for single family homes was $479,500 down 3.2%.
  • Benchmark price for town-homes was $307,100 up 2.3%,
  • Benchmark price for apartment style units was $359,100, up 8.6%!

 

Real Estate Market Conditions & Stats

*May 2019 Barrie Ontario

  • Within the City of Barrie there were 226 residential sales recorded in May 2019, an increase of 21.5% on a year-over-year basis. The average price of homes sold in May 2019 was $531,323, up 7% from May 2018. The year-to-date average price of homes sold within the City of Barrie in 2019 was $492,183.
  • In the surrounding areas there was a total of 224 units sold in May 2019, a year-over-year increase of 23.2%The year-to-date average price of homes sold in the surrounding areas in 2019 was $543,192; an increase of 5.4% when compared to 2018.
  • Active residential listings numbered 1,586 units at the end of May.

  • Home Price Index is a more accurate way to track price trends. The HPI, or benchmark price for Barrie and District was $466,600 in May 2019. Down only 6.1% compared with May 2018.
  • Benchmark price (HPI) for single family homes was $474,800 down 7%.
  • Benchmark price for town-homes was $301,200 up 2.3%,
  • Benchmark price for apartment style units was $365,600, up 6.7%!

LET ME BE YOUR GUIDE

You are one step closer to the Joy of Home Ownership. Download The Home Buyer's Guide for the home buying advice you have been looking for!

 

 

Real Estate Market Conditions & Stats

*April 2019 Barrie Ontario

  • Within the City of Barrie there were 215 residential sales recorded in April 2019, an increase of 20.1% on a year-over-year basis. The average price of homes sold in April 2019 was $514,858, up 8.4% from April 2018. The year-to-date average price of homes sold within the City of Barrie in 2019 was $468,065.
  • On a year-to-date basis, home sales totaled 1,347 units over the first four months of the year, up 10.8% from the same period in 2018.
  • In the surrounding areas there was a total of 256 units sold in April 2019, a year-over-year increase of 20.1%. The year-to-date average price of homes sold in the surrounding areas in 2019 was $537,766; an increase of 3.9% when compared to 2018.
  • Active residential listings numbered 1,329 units at the end of April, an increase of 4.5% and a six-year high for this time of year.
    Home Selling in Barrie Ontario
  • Home Price Index is a more accurate way to track price trendsThe HPI, or benchmark price for Barrie and District was $459,800 in April 2019. Down only 5.3% compared with April 2018.
  • Benchmark price (HPI) for single family homes was $468,600 down 6%,
  • Benchmark price for town-homes was $306,300 up 5.1%,
  • Benchmark price for apartment style units was $358,500, up 7.6%!

 

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Are you ready to make the leap into the buyers market? Start by looking at Realty Executives of Simcoe's newest Listings! 

 

Real Estate Market Conditions & Stats

*March 2019 Barrie Ontario

  • Within the City of Barrie there were approximately 174 residenital sales in March 2019, an increase of 3% on a year-over-year basis. The average price of homes sold in March 2019 was $529,698, up 4% from March 2018. The year-to-date average price of homes sold within the City of Barrie in 2019 was $478,074.
  • On a year-to-date basis, home sales totalled 853 units over the first three months of the year, up 3% from the same period in 2018.
  • In the surrounding areas there was a total of 202 units sold in March 2019, a year-over-year increase of 5.2%The year-to-date average price of homes sold in the surrounding areas in 2019 was $543,877; an increase of 1.7% when compared to 2018.
  • Active residential listings numbered 1,194 units at the end of March, the highest since 2013. It was an increase of 2.3% from levels seen at the end of March 2018

  • Home Price Index is a more accurate way to track price trends. The HPI , or benchmark price for Barrie and District was $460,600 in March 2019. Down only 6.1% compared with February 2018.
  • Benchmark price (HPI) for single family homes was $470,500 down 7%,
  • Benchmark price for townhomes was $304,000 up 8.3%,
  • Benchmark price for Apartment style units was $348,400, up 9.9%!


Are you ready to make the leap into the buyers market? Start by looking at Realty Executives of Simcoe's newest Listings!

 

 

Real Estate Market Conditions & Stats

*February 2019 Barrie Ontario

  

  • All Sales recorded in our Region for February 2019 was down 1.9% from February 2018. 
  • Residential sales activity within the City of Barrie numbered 98 sales in February 2019. This was down 31% on a year-over-year basis. 

year-over-year increase of 30.6% was recorded in surrounding areas, where sales activity totaled 158 units in February 2019.  

Home Price Index is a more accurate way to track price trends.   The HPI , or benchmark price for Barrie and District was $458,600 in February 2019.  Down only 4.3% compared with February 2018.

    • Benchmark price (HPI) for single family homes was $468,800, down 5%
    • Benchmark price for townhomes was $298,000, up 3.7%
    • Benchmark price for Apartment style units was $344,500, up 8.6%
    • Average price of homes sold in February 2019 was $519,496, an increase of 2.4% from February 2018.
    • The year-to-date average price for homes sold was $504,689, a decrease of 1.4 % from the first two months of 2018.

    The government stress test on mortgage rates has impacted sales significantly, as more homes are selling under $500,000.  More townhomes are selling then single family homes.  Volume of sales are down slightly.  Overall the sale prices are about the same as last year. 

    Interest rates are on their way DOWN!   I predict a very active or normal market conditions for the balance of 2019...



 

 

 

Real Estate Market Conditions & Stats

*January 2019 Barrie Ontario

  • Residential property sales activity numbered 94 sales in January 2019 in the City of Barrie. This was down 12.1% on a year-over-year basis.
  • A year-over-year increase of 9.6% was recorded in surrounding areas, where sales activity totaled 114 units in January 2019.
  • The average price of homes sold in January 2019 was $490,553.
  • There were 569 new residential listings in January 2019. This was up 7% on a year-over-year basis.
  • Active residential listings numbered 887 units at the end of January, an increase of 15.8% from levels seen at the end of January 2018.
  • The dollar value of all home sales in January 2019 was $99.6 million, down 8.2% from the same month in 2018.

Are you ready to make the leap into the buyers market? Start by looking at Realty Executives of Simcoe's newest Listings!


First-Time Home Buyer Incentive

(Published on - 6/26/2019 4:32:07 PM)

Canada's First-Time Home Buyer Incentive

The First-Time Home Buyer Incentive (the Incentive) helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens.

  • Borrow your down payment with no monthly payments
  • Apply for a 5% or 10% of your down payment
  • Your maximum qualifying income is no more than $120,000.
  • Your total borrowing is limited to 4 times the qualifying income.

*NOTE: Any money borrowed does not require a monthly payment or a payback until property is sold or 25 years has past.

Download your Free Home Buyers Guide to Success

LET ME BE YOUR GUIDE

You are one step closer to the Joy of Home Ownership. Download The Home Buyer's Guide for the home buying advice you have been looking for!

Questions? Need Advice? Complete this form for more information.

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The Residence At Five Points

(Published on - 6/14/2019 3:22:19 PM)

"The Residence At Five Points''

Highlights

Developed by: AT Developments

Units: 203

Floors: 20

Completion Date: TBA

Preferred Pricing 

  • One Bedroom - The Park starting at $386,997
  • Two Bedroom - The Bayfield starting at $492,997
  • Three Bedroom - The Centennial starting at $849,994

The Residential at Five Points luxury condo will the first of its kind in Barrie, soaring 20 storeys above Lake Simcoe. With 208 ellegantly appointed residences that provide the perfect position to take advantage of breathtaking four-season views. 

Building Amenities 

  • Concierge
  • One Onsite Covered Parking Space (included in the Purchase Price)
  • Luxurious Guest Suite
  • 5th Floor Roof Top Outdoor Pool
  • Oudoor Lounge with Kitchen Area
  • Oasis Cabana Garden
  • Outdoor Crossfit and Yoga Garden
  • Events Room
  • Indoor Dog Wash Station
  • Storage Lockers and Bicycle Storage Available

Are you ready to make the leap into the buyers market? Search other Condos for Sale in Barrie 


24 Dunlop Street West Unit A, Barrie Ontario L4N 1A2

(Published on - 5/24/2019 2:58:03 PM)

FOR LEASE

24 Dunlop Street West 

Barrie, Ontario L4N 1A2

MLS: 30736601

Price: $2,800 monthly

Area: 1,808 SqFt. 

For Lease 24 Dunlop Street West Unit 2A located Downtown Barrie. Currently operating as a resturant. 1,800 SqFt, complete kitchen setup with exhaust hood. Recently updated with ceramic floors, 2 washrooms, front counter. Current tenant has a list of chattles that may be purchased. Lease available August 1, 2019. $2,800 per month, includes MIT. Gross monthly lease. Tenant to pay utilities seperate. 


2019's Colour of The Year

(Published on - 3/27/2019 2:42:04 PM)

2019's Colour of the Year

LIVING CORAL

The Eye-Catchign & Inviting Colour 

The Pantone Color Institute has announced its colour of the year for 2019, Living Coral (16-1546) is vibrant yet comforting pink. This colour welcomes, is sociable and encourages lighthearted activity. Symbolizing our innate need for optimism and joyful pursuits. Living Coral represents our desires for playful expression! Living Coral represents a nuturing color that appears in our natural surroundings while also, displaying a lively presence within social media. 

For the past 20 years, Pantone's Color of the Year has been an influencer for product development and purchasing decisions in multiple industries; fashion, industrial design, home furnishings and designs as well as graphic design.

 To arrive at the selection each year, Pantone’s color experts at the Pantone Color Institute comb the world looking for new colour influences. This can include the entertainment industry and films in production, traveling art collections and new artists, fashion, all areas of design, popular travel destinations, as well as new lifestyles, playstyles, and socio-economic conditions. Influences may also stem from new technologies, materials, textures, and effects that impact colour, relevant social media platforms and even upcoming sporting events that capture worldwide attention.

Ready To Paint Your Home Like Pro? Learn Tips & Tricks Here!


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