Barrie Statistics

The total value of home sales recorded through the Barrie and District Association of REALTORS® Inc. MLS® system this June came to $128,130,580 – a decrease of 12 per cent from May and 13 per cent lower than last June.

In all, 481 residential sales were recorded through the Association's MLS® system this June. This is eight per cent less than were recorded in May, and 13 per cent less than what was recorded in June 2007.

The average price of homes sold through the Association's MLS® system this June was $266,384 – five per cent less than May 2008 and even with the average recorded in June 2007.

The Association cautions that the average residential price is a useful figure only for establishing trends and comparisons over a period of time. It does not indicate an actual price for a home due to the wide selection of housing available in the area.

The CREA forecast notes that MLS® average price increases will be smaller this year. In Ontario, the CREA forecast says 206,850 residential units will be sold through the MLS® systems of Boards and Associations in Ontario in 2008, a 2.5 per cent decline from 2007. The average MLS® residential price in Ontario is expected to increase 4.5 per cent in 2008, to $308,700.

There were 820 new residential listings added to the Association's MLS® system this June, down by seven per cent from May 2008. As the month came to an end, there were 2,121 active residential listings on the Association's MLS® system.

The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with The Barrie & District Association of REALTORS® Inc.. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor The Barrie & District Association of REALTORS® Inc. assumes any responsibility or liability. Copyright© 2008 The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.