The month of April has seen unprecedented raises across the board in regards to key real estate market metrics. The MLS System of Barrie & District Association of REALTORS® reported 737 homes sold in April 2021; a drastic 281.9% increase compared to April 2020 and a new sales record for the month. In addition to the record, home sales were also 58% above the five-year average and 44.1% above the 10-year average for the month of April.
Drilling down to the city level, the city of Barrie saw a sharp decrease in homes sold compared to March 2021. In April, 369 homes were sold in the city compared to 500 just one month prior – a decline of 26.1%. On the contrary, while the month-to-month sales declined, sales for the month of April shot up 275.5% compared to 12 months ago. This decline in month-to-month sales volume did not hamper the year-to-date figures. From January to the end of April, YTD sales in the county reached a record 2,500 units – a substantial gain of 91.3% compared to the same period in 2020.
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