August 2018 Number of Transactions Continue to Rise While Average Price of Homes Drags Month Over Month

The August 2018 sales information is in, and residential property sales recorded through the Matrix™ System for the Barrie and District Association of REALTORS® Inc. (BDAR) region were up while average price declined as a whole month-over-month comparison.
Below are the market statistics comparing:
July and August 2018, year-over-year of August 2017-2018 and 2018 year-to date statistics.

July 2018 vs August 2018 – Number of Units Sold and Average Price of Units Sold

Simcoe County
The average price of homes was reported as $498,179 in August. This is a decline from the average price in July which was $514,295. In contrast, between July and August, the number of sales grew from 391 to 443.
City of Barrie
The average price of homes declined from $482,450 in July to $473,728 in August. This is despite the increase in the number of transactions in Barrie, which grew from 186 to 203.

Click here to read the full report.