Barrie Real Estate & Houses for Sale

Barrie is one of the well-known housing markets in Ontario, Canada. Barrie’s housing market is busy because of the continuous demand for properties in the city. The average house price in Barrie is $785,251.As of 29th May 2024, there are 1017 new listings that have been added in the last 28 days. 210 of which have already sold. Properties in Barrie typically sell in 22 days. As of May 2024, the average asking price of a property is roughly $783,347. Barrie’s real estate market is at a slow pace compared to other major cities. This is due to the average number of properties that stay on the market for 22 days. Regardless of the 22 days, Barrie's property demands are constantly growing.

The selling-to-listing price ratio in Barrie is slightly low at 97%. Despite being one of the most desired cities in which to reside, Barrie’s housing market is currently challenging but promising. The table below provides a clear insight into the key highlights of Barrie’s real estate market:

Barrie Guide & Infrastructure

Barrie is located in central Canada and is quite popular among the visitors. Geographically, the city is located in the north of Toronto, approximately 90 km away. The city is connected with three major highways, including Highway 26, Highway 11, and 400. Barrie offers easy access to Toronto Pearson International Airport, which is approximately 60 minutes away from the city. In terms of infrastructure, Barrie reflects a promising standpoint. Multiple facilities are available for the residents, including healthcare facilities, educational institutions, and much more. Royal Victoria Regional Health Centre, Maple Grove Public School, Waterfront Fountain, etc., are popular destinations in the city. A well-developed city infrastructure incorporates the growing demand for property in the various neighbourhoods of Barrie.

New MLS Listings Barrie

All the MLS listings in Barrie provide in-depth listings of available housing options, including apartments, townhouses, condominiums, and other housing types. In the last 28 days, approximately 1,017 new listings have been added to Barrie’s housing market, including a variety of housing types available in different configurations.

Barrie Real Estate Price Trends

In terms of the real estate market, Barrie has shown significant improvement. Barrie's real estate price trends reflect significant monthly, quarterly and yearly growth. However, homes spend an average of 19 days in the market before selling. With a selling-to-listing price ratio of 97%, it is clear that homes are selling at slightly lower prices than the listed price. The housing market in Barrie exhibits a similar pattern for a number of different home types. As of May 29, 2024, there has been a 3.7% monthly increase and a 0.9% annual increase in Barrie’s real estate market. 

The market has also seen a noticeable rise in detached home average prices in recent months. Conversely, the average price of condos has decreased slightly. These differences suggest a continuing need in Barrie for reasonably priced housing options, which investors and first-time homebuyers may drive.

*The marked indices are subject to changes as per market fluctuations.

Real Estate Market Scope & Opportunity

Barrie's real estate market is stable, making it a good place for buyers and investors. When purchasing real estate in Barrie, keeping an eye on these trends will help you make wise decisions. For numerous municipality-specific facts, buyers and investors interested in participating in Barrie’s real estate market should contact Square Yards.

Popular Neighbourhoods in Barrie

Some of the most popular neighbourhoods in Barrie include:

• Allandale: This is one of the oldest neighbourhoods in Barrie. Allandale offers some spectacular educational facilities, including Assikinack Public School, Vianney Catholic School, Innisdale Secondary School and more. Also, The Farmhouse is a popular restaurant in Barrie, catering to the food requirements of the residents.
• Bayfield: This neighbourhood is popular for its shopping opportunities. Residents and tourists can find a number of restaurants and stores. Georgian Mall is a well-known shopping destination in the neighbourhood.
• Downtown: This is one of the most visited neighbourhoods in Barrie. Known for its historical aspects, Downtown offers a number of tourist activities. Waterfront Fun, Five Points Theatre and Flying Monkeys are some popular tourist attractions in the neighbourhood.

Buy Property in Barrie

Barrie is not the most sought-after place in Canada, but the city's property demands are constantly growing. The city’s connected location and facilities contribute to its overall growth. If any home seeker wants to buy property in Barrie, he/she can contact Square Yards. Here at Square Yards, buyers get an opportunity to own their dream home hassle-free. Buyers can choose from the various house listings according to their needs.

Property Options in Barrie

Various properties are available in Barrie. Home seekers looking for single-family houses, luxury homes, commercial property, etc., can easily contact Square Yards. From studio apartments to spacious 7-bedroom apartments, Barrie has it all. Here is the table with a detailed analysis of the properties available in Barrie: