BDAR Stats: December 2024
The Barrie & District Association of REALTORS® (BDAR) has released its latest market data for December 2024, showcasing the resilience and adaptability of Simcoe County’s real estate market. The data indicates robust year-over-year growth alongside predictable seasonal shifts, underscoring a market poised for continued evolution.
In December 2024, Simcoe County recorded 385 home sales, a notable 23% increase from the 313 sales registered in December 2023. Compared to November 2024, sales decreased by 37.50%, aligning with typical seasonal patterns. The average sale price reached $822,184, up 5.63% from $778,373 a year ago, while reflecting a modest 1.31% increase from $811,572 in November 2024.
New listings in December 2024 totalled 599, representing a 22.75% increase compared to December 2023, though down 60.20% from November 2024’s 1,505 new listings. Active listings stood at 2,573, a 73.38% rise year-over-year and a 28.80% decrease from November 2024. The months of inventory metric remained steady at 6.68, pointing to balanced market conditions that offer opportunities for both buyers and sellers.
“December’s year-over-year growth in sales and steady market conditions highlight the strength of Simcoe County’s housing market,” says BDAR’s Chair, Robin Jones. “As we close out 2024, the data reinforces our region’s attractiveness and adaptability, with more options available to buyers and sustained value for sellers. Looking ahead, Simcoe County continues to provide a dynamic landscape for real estate.”
BDAR remains steadfast in its commitment to equipping REALTORS® with the tools and market insights necessary to guide clients through Simcoe County’s diverse and ever-evolving housing market.
BOARD & ASSOCIATION INFORMATION
The Barrie and 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. The Association provides continuing education, Multiple Listing Service® (MLS®), statistical information, and many other services to its members.
The average price information quoted can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods, or account for price differentials between geographical areas.
BARRIE & DISTRICT ASSOCIATION OF REALTORS® INC.
For more information,
please contact:
- (705) 739-4650
- info@bdar.ca
Lindsay Percy
