BDAR Stats: February 2025

The Barrie & District Association of REALTORS® (BDAR) has released its latest market data for February 2025, reflecting a market in transition, with slight month-over-month declines in sales and pricing but strong inventory levels providing opportunities for buyers.

In February 2025, Simcoe County recorded 475 home sales, down 14.26% from February 2024 and 1.04% lower than January 2025. While sales activity softened, the region continues to see steady market engagement.

The average sale price reached $792,486, a 5.76% decrease year-over-year and a 5.85% dip from January 2025. This pricing adjustment signals greater affordability for buyers and a more competitive landscape for sellers.

New listings totaled 1,234, a 4.86% decrease from February 2024 and down 13.04% from January 2025, reflecting typical early-year market trends. Active listings remained stable at 2,546, representing a 78.42% year-over-year increase, providing greater selection for buyers.

The months of inventory rose slightly to 5.36, indicating a balanced market with more homes available to meet demand.

"While we’re seeing a natural market adjustment, the increase in available inventory presents opportunities for buyers to explore their options," says BDAR Chair, Robin Jones. "With stable sales levels and a balanced market, REALTORS® are well-positioned to help clients navigate evolving conditions in Simcoe County."

BDAR remains committed to equipping REALTORS® with the insights and expertise needed to serve buyers and sellers in Simcoe County’s dynamic real estate market.

See the February 2025 Full Report

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Disclaimer

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 BDAR Realtor® will help you get the most value when buying or selling a home.

About BDAR

The Barrie & District Association of REALTORS® (BDAR) represents over 1,600 REALTORS® in the Barrie and Simcoe County region. BDAR provides its members leadership opportunities, professional development, and other tools and services to help them deliver a high standard of services to their clients. BDAR is community‐focused and believes that community prosperity is largely based on shelter and home ownership. The Association has a strong focus on affordable housing and helping first‐time buyers understand how to get on the housing ladder. To learn more visit https://bdar.ca