Market Review – DECEMBER 2016

Monthly Residential Statistics – For the Month of December 2016

Barrie & District Association of REALTORS®

“We saw record sales in 2016. This shows the importance of using a local professional REALTOR® when

buying or selling your home. REALTORS® ensure their clients are properly represented while conducting

real estate business.” ‐ said the  2017 President, Barrie & 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 December 2016 of $502,641 an increase of 28% over December 2015.

Residential townhouse, link, and semi‐detached homes in the City of Barrie posted an average selling price

of $347,552 in December 2016, a 21% increase over December 2015.

Condominium sales average for the City of Barrie for the month of December 2016 was $398,909, a 78%

increase compared to December 2015.

Essa Township

In Essa Township, detached residential properties posted an average selling price of $443,114 in December

2016, an increase of 46% over December 2015.

Town of Innisfil

Detached residential properties in the Town of Innisfil posted an average selling price of $496,876 in

December 2016, an increase of 39% over the month of December 2015.

Oro‐Medonte Township

The average selling price for detached residential properties in Oro‐Medonte in December 2016 was

$650,757 an increase of 34% over December 2015.

Springwater Township

Detached residential homes in Springwater Township posted an average selling price in December 2016 of

$557,857an increase of 13% over December 2015.

For more details about your home or neighbourhood, contact your Local Professional REALTOR®.

The Barrie & District Association of REALTORS® cautions that over a period of time, the use of average price

information can be useful in establishing trends, but it does not indicate actual prices in widely divergent

areas or account for price differentials between geographical areas.

The Barrie & 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

& District Association of REALTORS®Inc.