Housing sales dip in Barrie, rise in Orillia in August

Housing sales appear to be on the decline in Barrie.

According to the Barrie and District Association of Realtors, 205 homes were sold in the month of August, a 19.6 per cent drop from the previous month.

The average sale price of $748,686 was a 2.6 per cent increase over July.

Apartment and condo sales also dropped in August, with 27 units being sold, a 28.9 per cent decrease from the previous month.

Innisfil also saw a reduction in housing sales, as 53 units were sold, a 13.1 per cent decrease from July.

While overall sales dropped, the price for a home in Innisfil saw a significant increase. The average price in Innisfil last month was $931,026, a 14.5 per cent increase from July 2021. 

Sales in Barrie and Innisfil fell, but Orillia’s housing market had a strong month. A total of 62 units were sold, representing a 14.8 per cent increase from July. The average price in Orillia was $681,072, a 4.8 per cent increase.

In Essa, 15 units were sold, which represents a 58 per cent decrease from the month prior. 

The average sale price in Essa last month was $845,367.