Welcome to March. We are on the way to an upcoming spring market.  This has been a tough Winter and Spring is a welcome reprieve. Unfortunately with Spring comes tariffs from the United States. Of course this generates an incredible amount of instability, so we will see what effect this has on our real estate market.

Average Homes prices were down in all areas I look at except for Oro-Medonte and Essa township.  the number of homes sold however was up slightly in all areas except in Springwater where the number of homes sold was equal to those sold in January and Barrie was down substantially.

Inventory levels in all areas, other than Springwater, are quite low for detached homes, in the area of 3 months levels. That is a good thing if you are a seller obviously as the market isn't flooded with listings currently.

Barrie
Homes Sold. 89
Average Sale Price. 831,573
Average Days on Market. 24
Percentage of Asking Price. 99%

Innisfil
Homes Sold. 39
Average Sale Price. 815,892
Average Days on Market. 33
Percentage of Asking Price. 99%

Orillia
 Homes Sold. 20
Average Sale Price. 569,400
Average Days on Market. 42
Percentage of Asking Price. 96%
 
Oro-Medonte
 Homes Sold. 16
Average Sale Price: 957,719
Average Days on Market. 44
Percentage of Asking Price. 98%
 
Springwater
 Homes Sold. 9
Average Sale Price. 1,115,333
Average Days on Market. 36
Percentage of Asking Price. 100%
 
Essa
 Homes Sold. 10
Average Sale Price. 801,990
Average Days on Market. 54
Percentage of Asking Price. 98%

All stats are based on listings sold with the Toronto Regional Real Estate Board

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