June another strong month for Barrie & District home sales
Residential property sales recorded through the MLS® System of the Barrie &
District Association of REALTORS® Inc. numbered 515 units in June 2013, on par
with June 2012.
Within the City of Barrie sales activity edged down just one per cent (four sales)
from a year earlier. The City of Barrie saw 310 residential sales in June.
“Home sales in the Barrie region have only topped the 500 mark in the month of
June a handful of times in history, so we’re looking at some very strong levels of
activity right now, and that’s a continuation from an equally strong month of May,”
said Wendy Elzner, President of the Barrie and District Association of REALTORS®.
“Rising demand has been outpacing supply, and increasing competition among
buyers has resulted in an acceleration in price growth in recent months.”
The year-to-date average price for all homes sold via the Association’s MLS® System
in June 2013 was $317,727, up five per cent from the same period in 2012.
The year-to-date average price figure for homes sold within the City of Barrie was
$301,089. This was also a five per cent increase compared to the average selling
price in the same period last year.
Overall supply remains at lower levels compared to much of the past decade. Active
residential listings on the Association’s MLS® System numbered 1,564 units at the
end of June 2013, edging down one per cent from the end of June 2012.
If you happen to have any questions about the Real Estate Market? or Thinking
about Selling your Home? Please contact us direct at 705-795-4107.