Monday, 09 May 2011 12:59

Barrie Home Sales - First Quarter Analysis

Written by  Peter & Patricia Clarke
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First Quarter sales of detached homes within Barrie city limits reaches 422. This number is down ever so slightly from 2010 where 425 single family detached homes sold with in the city's limits.
Last year's first quarter  produced an average sale price of $280 177.00 for the average home in Barrie - 3 bedrooms and 1612 square feet of living space. These homes took on average 41 days to sell and sold on average for 97.88% of the asking or listing price. Looking at this year's first quarter results, they are strikingly similar. 2011 first quarter yielded 422 sales of single family detached homes, selling for an average price of $284 532.00. These homes were on average 1655 square feet and took on average 47 days to sell. The sold to list price dropped just a little to 97.54%.

So far, the conclusion must be that values are staying strong in the Barrie housing market, even climbing slightly. It does look like, however, that buyers out there are taking their time and really scrutinizing the inventory before making offers. Steady as she goes!

*All statistics are taken from the Barrie & District Association of REALTORS® Inc.
Peter & Patricia Clarke

Peter & Patricia Clarke

We are Peter and Patricia Clarke, Barrie Realtors® and owners of ELITE ACCESS REALTY INC., a full service Barrie Real Estate Brokerage member of the Canadian Real Estate Association (CREA), The Ontario Real Estate Association (OREA) and the Barrie and District Association of Realtors®.

We are a team of Real Estate Professionals ready to give you all the support, advice, information and resources you need to buy or sell your real estate property with confidence.

Our Barrie Real Estate Services include:

Barrie & Area Home Buyer's Real Estate Services (FREE)
Base Borden & Other Relocations
Barrie and Area Home Seller's Real Estate Services
Barrie and Area Property Rental Services

Whether you are buying or selling a home in the Barrie area , we invite you to contact us as we'd be happy to assist you with this important transaction.

Peter Clarke
Broker of Record - Owner

Patricia Clarke
Sales Representative - Owner

ELITE ACCESS REALTY INC.
Barrie Real Estate Brokerage
Direct: 705-716-7611
Office: 705-737-2750
Toll Free: 1-877-795-6448
http://www.barrieproperties.com/

Website: www.barrieproperties.com

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