Housing prices continue to rise across the district

NEWS RELEASE

BARRIE AND DISTRICT ASSOCIATION OF REALTORS®

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“The large spike in sales we saw earlier this year is moving back towards more normal levels this summer. Prices are still on the rise, but not at the rates we were seeing previously. Remember to call your local Realtor® to get the most value in your real estate transaction.” - Rob Alexander, 2017 President, Barrie and District Association of Realtors® Inc. (BDAR)

City of Barrie: Within the City of Barrie, detached residential properties posted an average selling price for the month of June 2017 of $524,873 and increase of 14 per cent over June 2016. Residential townhouse, link, semi-detached homes in the City of Barrie posted an average selling price of $389,908 in June 2017, a 19 per cent increase over June 2016. Condominium sales average for the city of Barrie for the month of June 2017 was $329,511, a 15 per cent increase compared to June 2016.

Essa Township: In Essa Township, detached residential properties posted an average selling price of $608,143 in June 2017, an increase of 35 per cent over June 2016.

Town of Innisfill: Detached residential properties in the Town of Innisfil posted an average selling price of $542,125 in June 2017, an increase of 6 per cent over the month of June 2016.

Oro-Medonte Township: The average selling price for detached residential properties in Oro-Medonte in June was $734,056 an increase of 26 per cent over June 2016. 

For more details about your home or neighbourhood, contact your local professional Realtor®  Inc. 

The Barrie and District Association of Realtors® Inc. covers a geographical area that includes the City of Barrie and part or all of the surrounding townships including, Springwater, Oro-Medonte, Innisfil, Essa, Bradford-West Gwillimbury and Clearview. Data is provided from the MLS®  Database System of the Barrie and District Association of Realtors® Inc. 

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