May 2019 Statistics as Reported by the BDAR
Wednesday Jun 12th, 2019
The May 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 in Simcoe County, the number of units sold remained balanced from last month, with an increase in average price.
508 residential units were sold in Simcoe County last month. This was 2.6% greater than the month before (April 2019). During the same time last year (April 2018 to May 2018), there was 0% change in the number of units sold month over month. The average price of the units sold in May was $518,891. This was 1.7% greater than the month before. This growth in average price is less than what was seen during the same time last year (+6.0%).
City of Barrie
Within Barrie during May 2019, 245 units were sold. This is 9.9% greater than the number of units sold the month prior. This growth is greater than in the same timeframe in 2018, where sales only grew 3.3% from April to May.
The average price of residential unit homes sold in the City of Barrie last month was $493,083. This was a 1.5% increase when compared to April 2019. The average price for Barrie grew by 4.2% during the same timeline in the year 2018.
Simcoe County Excluding Barrie
In Simcoe County excluding Barrie last month, 263 units were sold. This is down 3.3% from April 2019. This decline is greater than the decline from April 2018 to May 2018, where the number of sales declined 2.8%. The average price of units sold in May was $541,820. This is 3.6% greater than the month prior. And this growth is slightly less than that of last year, where the average price increased 3.3% between April and May of 2018.
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