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2012 Market Update

January 16, 2013

Here you go…Hot Off The Press!housing_market_increase

Dismiss what you hear on the radio. Turn off the negative news.Real Estate is alive and doing very well in Barrie, On.

Here are the facts!

4,576 homes sold on the Barrie and the surrounding area in 2012.  Home sales increased by +8.2% when compared to 2011, and increased by +11.5% over 2010.

Here is a key figure to pay close attention to.  The average home price in Barrie, On has risen to $299,685. The average home price is up +4.2% over 2011 and up +13.5% when compared to 2009.  And, are you ready for this figure?  The average home price in Barrie for 2012 was up +64.4% compared to home prices of 2002.  Now that’s a strong investment.

All the information I am hearing and reading about in regards to our local economy is very encouraging and I believe our Real Estate market will enjoy another strong year in 2013.  Give me a call…let’s talk about how you can get involved!


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