Barrie home sales numbered 501 units in June 2011, up nine per cent from the same month last year. Within the city of Barrie, home sales numbered 298 units, up two per cent from year-ago levels.
The year-to-date average price for all Barrie homes sold via the Association’s MLS® System in the first half of 2011 was $284,379, up two per cent from the same period last year. The year-to-date average price figure for homes sold within the City of Barrie was $267,363, edging up half of one per cent on a year-over-year basis
The total dollar value of all Barrie home sales in June 2011 amounted to $145.8 million, an increase of 11 per cent from year-ago levels.
New Barrie residential listings declined two per cent from a year earlier to 750 units in June. New listings have been trending downward since late 2010, and the market has tightened as a result.
The number of active Barrie residential listings on the Association’s MLS® System was 1,895 at the end of June 2011, down five per cent on a year-over-year basis.
There were 4.8 months of inventory at the end of June 2011 on a seasonally adjusted basis, down from 5.6 months in May. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Total sales activity in the Barrie region numbered 508 units in June, up eight per cent compared to June 2010. The total value of all properties sold in June 2011 was $146.8 million, up 10 per cent from June 2010.
For more information regarding the Barrie Real Estate Market please contact Peter Clarke, Broker of Record/Owner at ELITE ACCESS REALTY INC., Brokerage or visit our website at www.BarrieProperties.com
Information provided by the Barrie and District Association of REALTORS® 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. The Association provides continuing education, Multiple Listing Service® (MLS®), statistical information, and many other services to its members.
