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August's numbers were quite similar to July's home sale statistics. In August the number of homes sold was either equal to or lower than July, however the average selling price was down in most areas with the exception of Orillia, which was up slightly from July. 

The market continues to be a buyers market with no end in sight. Canada's economy is not doing well with rumblings of recession possibly being forecast.

The Toronto Star had an article earlier indicating the GTA's August home prices had fallen approximately 10 % from August 2024. 

The areas that I look at in this report show prices are down by anywhere from 7 to 10 % from last August. 

When is this market going to turn around is the question everyone is wondering.  If the BOC reduces the prime lending rate later this month perhaps that may help however my personal opinion is this slow down is more serious than merely cutting the rate by .25 basis points. 

Time will tell

Barrie
Homes Sold. 103
Average Sale Price. 776,769
Average Days on Market. 34
Percentage of Asking Price. 97%

Innisfil
Homes Sold. 43
Average Sale Price. 887,196
Average Days on Market. 43
Percentage of Asking Price. 97%

Orillia
 Homes Sold. 30
Average Sale Price. 662,086
Average Days on Market. 28
Percentage of Asking Price. 97%
 
Oro-Medonte
 Homes Sold. 32
Average Sale Price: 1,100,781
Average Days on Market. 41
Percentage of Asking Price. 97%
 
Springwater
 Homes Sold. 16
Average Sale Price. 939,188
Average Days on Market. 40
Percentage of Asking Price. 97%
 
Essa
 Homes Sold. 12
Average Sale Price. 802,417
Average Days on Market. 40
Percentage of Asking Price. 99%

*All stats are based on listings sold with the Toronto Regional Real Estate Board

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 Have questions about the Real Estate market? Contact Jim today!
[email protected] or 705-816-0446

Looking for your new private retreat in Oro-Medonte ? Barrie House Hub is pleased to present 7 Pineview Drive. This lovely raised bungalow sitting on just under 2 acres has 3 bedrooms and 3 bathrooms with a fully finished basement.  

The main floor boasts hardwood flooring, a large tiled eat in kitchen overlooking the family room with a gas fireplace. Off the kitchen via a set of garden doors is access to the large deck overlooking the huge treed backyard. There is a separate living room and dining room for those large family get togethers. 

The large primary bedroom has an ensuite with a jacuzzi tub and separate shower. The second large bedroom is on the main floor along with the main floor laundry with access to the large insulated triple bay garage.

The basement of this home is completely finished with another bedroom, bathroom, family room with a second gas fireplace and very large recreation room. A second bedroom could easily be added here. This home is in amazing condition with new furnace, A/C, roof in 2016 and new water softener. 

This home has been an amazing family home for its current owners and will be for you as well. The village of Craighurst is literally less than 5 minutes away where the LCBO, restaurants, drug store and grocery store can be found. Skiing, golfing and Vetta spa are literally just minutes away. 

ASKING: $1,149,900.00

CLICK to watch the VIRTUAL TOUR!!!

OPEN HOUSE - Saturday September 20th 1:00pm - 3:00pm

Jim Wright - Barrie Realtor
705.816.0446 | [email protected]

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Welcome to the hot summer days of July 2025 where no one feels like doing much of anything. The market reflects that as well. The number of homes sold is down almost everywhere except Orillia and Oro-Medonte where the number is roughly equal to June's number which were hardly stellar. Interestingly enough however the average selling price has basically held at June's level or slightly less. This is somewhat good news as perhaps we are getting closer to bottoming out barring anything unforeseen. On a side note, Innisfil's average selling price is over $300,000 higher than June's. In checking further there were a couple of very high priced properties that sold which pushed up the average price. The median selling price is in keeping with June's around $900,000. Inventory levels are rising in all areas except Orillia. Not great news for sellers. I expect August's numbers will reflect July's as it appears we are definitely in a traditional summertime market. No news on tariffs which is not great. If an agreement can be made it will offer stability to the market

Barrie
Homes Sold. 100
Average Sale Price. 808,989
Average Days on Market. 32
Percentage of Asking Price. 98%

Innisfil
Homes Sold. 41
Average Sale Price. 1,251,751
Average Days on Market. 55
Percentage of Asking Price. 96%

Orillia
 Homes Sold. 40
Average Sale Price. 635,973
Average Days on Market. 24
Percentage of Asking Price. 98%
 
Oro-Medonte
 Homes Sold. 33
Average Sale Price: 1,103,576
Average Days on Market. 38
Percentage of Asking Price. 97%
 
Springwater
 Homes Sold. 36
Average Sale Price. 1,149,706
Average Days on Market. 39
Percentage of Asking Price. 98%
 
Essa
 Homes Sold. 26
Average Sale Price. 854,567
Average Days on Market. 39
Percentage of Asking Price. 98%

*All stats are based on listings sold with the Toronto Regional Real Estate Board*

Interested in what really goes on behind the scenes in Real Estate? Subscribe to Real Stories with Jim TODAY!
 
 Have questions about the Real Estate market? Contact Jim today!
[email protected] or 705-816-0446

Well June's numbers are in and they pretty much reflect what the previous 5 months have been telling us. In most areas I look at homes sold are up or equal to May's numbers which is the good news. The prices however are down in Barrie, Innisfil and Essa and are up in Oro, Springwater and Orillia. Days on market are higher or equal to last month so homes are taking their time to sell. When comparing to last June, Barrie, Innisfil and Essa had very similar number of homes selling while Oro, Orillia and Springwater were down this year significantly. In terms of pricing Essa and Oro are basically the same however the rest of the areas I look at are down substantially when comparing to last June. I hate to sound like a broken record but until we get some stability in our Countries finances, (i.e. Tarriffs), I feel this market will continue in this fashion.

Barrie
Homes Sold. 119
Average Sale Price. 808,223
Average Days on Market. 26
Percentage of Asking Price. 98%

Innisfil
Homes Sold. 55
Average Sale Price. 930,987
Average Days on Market. 55
Percentage of Asking Price. 96%

Orillia
 Homes Sold. 40
Average Sale Price. 635,973
Average Days on Market. 24
Percentage of Asking Price. 98%
 
Oro-Medonte
 Homes Sold. 33
Average Sale Price: 1,103,576
Average Days on Market. 38
Percentage of Asking Price. 97%
 
Springwater
 Homes Sold. 36
Average Sale Price. 1,149,706
Average Days on Market. 39
Percentage of Asking Price. 98%
 
Essa
 Homes Sold. 26
Average Sale Price. 854,567
Average Days on Market. 39
Percentage of Asking Price. 98%

*All stats are based on listings sold with the Toronto Regional Real Estate Board

Interested in what really goes on behind the scenes in Real Estate? Subscribe to Real Stories with Jim TODAY!
 
 Have questions about the Real Estate market? Contact Jim today!
[email protected] or 705-816-0446

May's numbers reflect pretty much what the past months have been showing.  Homes are still selling, albeit much slower than most sellers would like and generally for less money than they would like. Pricing is critical right now and the market is continuing to struggle. Home prices are basically the same or lower from April's amounts with the only exception being Oro-Medonte. The number of homes sold compared to April is up which is a positive sign. Sellers should realize however if they are selling and buying in the same market, they may not get what they were hoping for price wise. However they will also be buying in a slow market for their next property as all boats rise or in this case lower with the tide. May's numbers when compared to last May's numbers are very close in most categories with the exception of Barrie where 143 homes were sold last May compared to 109 this May. Until we see some stability our market will likely see some challenges.

Barrie
Homes Sold. 109
Average Sale Price. 832,034
Average Days on Market. 29
Percentage of Asking Price. 98%

Innisfil
Homes Sold. 51
Average Sale Price. 964,592
Average Days on Market. 32
Percentage of Asking Price. 98%

Orillia
 Homes Sold. 37
Average Sale Price. 661,851
Average Days on Market. 17
Percentage of Asking Price. 98%
 
Oro-Medonte
 Homes Sold. 18
Average Sale Price: 1,049,722
Average Days on Market. 22
Percentage of Asking Price. 96%
 
Springwater
 Homes Sold. 26
Average Sale Price. 1,091,484
Average Days on Market. 38
Percentage of Asking Price. 96%
 
Essa
 Homes Sold. 30
Average Sale Price. 924,516
Average Days on Market. 39
Percentage of Asking Price. 97%

*All stats are based on listings sold with the Toronto Regional Real Estate Board

Interested in what really goes on behind the scenes in Real Estate? Subscribe to Real Stories with Jim TODAY!
 
 Have questions about the Real Estate market? Contact Jim today!
[email protected] or 705-816-0446

Barrie House Hub is pleased to offer 132 James Street. With over 2700 finished square feet, this home offers plenty of living space. 

The main floor offers a living room attached to a dining room both with hardwood flooring as does the family room also with a cozy gas fireplace. There is plenty of room in the eat-in kitchen that opens up to the backyard oasis which offers privacy and an inground pool to pass the hot summer days.

Upstairs there are 4 spacious bedrooms, all with hardwood flooring. The primary bedroom offers a 4-piece ensuite as well as a walk- in closet.

The lower level of this home is finished with another bedroom, 4-piece bathroom, a large area that could be utilized as a recreation/games room and another family room also complete with a fireplace. This area would easily function as an in-law suite.

This home has had many of the windows replaced and a brand new roof installed this year. 

The location couldn't be better for a young family. The kids could literally do the 5 minute walk to Ferndale Woods elementary school. Shopping is very convenient with Zehrs, a community centre, pharmacy, coffee shops and banks all within minutes. You will love the location for Hwy 400 access as well for those commuters.

Come make an appointment and start making your own family memories in this lovely home.

ASKING: $999,999

CLICK to watch the VIRTUAL TOUR!!!

Jim Wright - Barrie Realtor
705.816.0446 | [email protected]

Would you like to read more:
Check out our latest Real Stories with Jim

Contact us today to find out more about REAL ESTATE DONE THE WRIGHT WAY!