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February's Simcoe County home sales down 14.26% from last year: BDAR

'While sales activity softened, the region continues to see steady market engagement,' says Barrie & District Association of Realtors
2021-10-31 BDAR office
The Barrie & District Association of Realtors office is shown in this file photo.

NEWS RELEASE
BARRIE & DISTRICT ASSOCIATION OF REALTORS
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The Barrie & District Association of Realtors (BDAR) has released its latest market data for February 2025, reflecting a market in transition, with slight month-over-month declines in sales and pricing but strong inventory levels providing opportunities for buyers.

In February 2025, Simcoe County recorded 475 home sales, down 14.26 per cent from February 2024 and 1.04 per cent lower than January 2025. While sales activity softened, the region continues to see steady market engagement.

The average sale price reached $792,486, a 5.76 per cent decrease year-over-year and a 5.85 per cent dip from January 2025. This pricing adjustment signals greater affordability for buyers and a more competitive landscape for sellers.

New listings totalled 1,234, a 4.86 per cent decrease from February 2024 and down 13.04 per cent from January 2025, reflecting typical early-year market trends. Active listings remained stable at 2,546, representing a 78.42 per cent year-over-year increase, providing greater selection for buyers.

The months of inventory rose slightly to 5.36, indicating a balanced market with more homes available to meet demand.

“While we’re seeing a natural market adjustment, the increase in available inventory presents opportunities for buyers to explore their options,” says BDAR chair Robin Jones. “With stable sales levels and a balanced market, Realtors are well-positioned to help clients navigate evolving conditions in Simcoe County.”

BDAR remains committed to equipping Realtors with the insights and expertise needed to serve buyers and sellers in Simcoe County’s dynamic real estate market.

See the February 2025 full report.

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