• BDAR

June 2019 Statistics

Updated: Jul 11, 2019


July 8th, 2019 – The June 2019 sales information is in, and residential property sales recorded through the Matrix™ System for the Barrie and District Association of REALTORS® Inc. (BDAR) region showed that the average price of units sold year-over-year remained balanced, and year-to-date units sold and average price has increased throughout all of the Greater Simcoe Region, including Barrie.


The Housing Price Index (HPI) showed a slight month-over-month increase of 0.8% from May 2019. However, the HPI declined 2.4% from June of last year.

Month-Over-Month (June 2019 vs May 2019)

All Residential Homes

Simcoe County

495 residential units were sold in Simcoe County last month, and this was a 2.6% decline from the month before (May 2019). During the same time last year (May 2018 to June 2018), there was a 22.7% growth in the number of units sold.


The average price of residential units sold in the month of June was $511,008—a 1.5% decrease from May 2019. In comparison, the average price during 2018 in this time frame declined 0.3%.


City of Barrie

232 units were sold last month within the City of Barrie, which was 5.3% less than the number of units sold the month prior. This contrast 2018, where the number of units sold increased 39.2% between May and June.


The average price of residential units sold in Barrie last month was $493,997, and this was 0.2% increase from May 2019. During 2018, the price of units sold decreased by 1.0% between May and June.


Simcoe County Excluding Barrie

In Simcoe County Excluding Barrie last month, 263 units were sold. This was equal to the number of units sold during May 2019. For reference, the number of units sold between May 2018 and June 2018 grew 8.0%.


The average price of units sold in the areas outside of Barrie last month was $527,658. This was 2.6% less than the month before. Additionally, the average price outside of Barrie during 2018 grew 3.5% during this same time-frame.


Year-To-Date (YTD) (June 2019 YTD vs June 2018 YTD)

All Residential Homes


Simcoe County

2420 residential units were sold in Simcoe County during June 2019 YTD (January 1st, 2019 – June 30th, 2019). This was 13.4% greater than the same time-frame last year (January 1st, 2018 – June 30th, 2018).


The average price of residential units sold during this time was $519,790. This was 3.6% greater than the average price during the same time last year.


City of Barrie

1113 units were sold in the City of Barrie last month during June 2019 YTD. This was a 4.6% growth year-over-year. This growth was less than the year-over-year growth of total Simcoe County (13.4%)


The average price of units sold within the City of Barrie during June 2019 YTD was $489,275. This was 1.7% more than the same time last year, and this growth was less than what was seen in the whole Simcoe region (+3.6%)


During June 2019 YTD, Barrie accounted for 46% of residential properties sold. This was 3.9 share points less than the same time-frame during 2018.


Simcoe County Excluding Barrie

1307 units were sold in the areas outside of Barrie during June 2019 YTD. This was 22.1% greater than the number of units sold during 2018. This growth in number of units sold was much greater than that of the total Simcoe region (+13.4%)


The average price of units sold during this time was $543,683. This was 4.0% greater than what was seen during 2018. This growth was also greater than that of total Simcoe (+3.6%)


During June 2019 YTD, Simcoe County Excluding Barrie accounted for 54% of residential properties sold. This was 3.9 share points more than the same time-frame during 2018.



Disclaimer

The prices reflected in this media release are based on homes sold via the live Barrie and District Association of REALTORS® (BDAR) Matrix™ Multiple Listing Service (MLS®) only. Statistical anomalies in average home prices, including irregularly high and/or substantially low residential sold unit prices have been evaluated and/or removed from the data sets used to calculate final averages in order to illustrate market trends with improved accuracy.


The Barrie & District Association of REALTORS®

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 BDAR 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 Barrie and District Association of REALTORS®

The Barrie & District Association of REALTORS® (BDAR) represents over 1,000 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.

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Barrie & District Association of REALTORS®

676 Veterans Drive

Barrie, ON, L9J 0H6

 

705-739-4650

info@bdar.ca