Barrie Real Estate Market Continue to See Monumental Gains

The month of April has seen unprecedented raises across the board in regards to key real estate market metrics. The MLS System of Barrie & District Association of REALTORS® reported 737 homes sold in April 2021; a drastic 281.9% increase compared to April 2020 and a new sales record for the month. In addition to the record, home sales were also 58% above the five-year average and 44.1% above the 10-year average for the month of April.

Drilling down to the city level, the city of Barrie saw a sharp decrease in homes sold compared to March 2021. In April, 369 homes were sold in the city compared to 500 just one month prior – a decline of 26.1%. On the contrary, while the month-to-month sales declined, sales for the month of April shot up 275.5% compared to 12 months ago. This decline in month-to-month sales volume did not hamper the year-to-date figures. From January to the end of April, YTD sales in the county reached a record 2,500 units – a substantial gain of 91.3% compared to the same period in 2020.

Read more at RE/MAX Blog

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