Barrie & District Association of REALTORS® Inc.

The Barrie & District Association of REALTORS® (BDAR) has released its latest market data for November 2024, highlighting continued resilience and growth in Simcoe County’s real estate market. The data shows significant year-over-year gains and slight month-over-month adjustments, indicating a market adapting to evolving conditions.

In November 2024, Simcoe County saw 617 home sales, representing a 63.23% increase from the 378 sales recorded in November 2023. Compared to October 2024, sales dipped by 6.66%, reflecting typical seasonal trends. The average sale price reached $811,934, up 3.41% from $785,161 a year ago, though down 3.78% from $843,791 in October 2024.

New listings totalled 1,432, marking a 9.06% increase compared to November 2023. However, this represents a 25.84% decrease from October 2024’s 1,931 new listings. Active listings stood at 3,613, a 58.60% rise year-over-year and a 4.76% increase from October 2024. The months of inventory sat at 5.86, indicating balanced market conditions.

“The significant year-over-year growth in sales reflects the ongoing demand and resilience of the Simcoe County real estate market,” says BDAR’s Chair, Robin Jones. “Buyers are continuing to see opportunities in our region, and with more active listings available, the market is offering greater flexibility and options. As we head into the new year, Simcoe County remains a dynamic and evolving market for buyers and sellers alike.”

BDAR remains committed to supporting REALTORS® with the insights and expertise needed to help clients navigate Simcoe County’s diverse housing market.