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Prices quoted are average prices for residential sales by location as provided by the Barrie & District Real Estate Board |
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The Crash: 1990-1995 |
Top of Market 1990 |
Bottom of Market 1995 |
Loss |
|
Oro-Medonte |
$ 174,176 |
$ 154,752 |
- 11.15% |
|
Springwater |
$ 196,923 |
$ 170,377 |
- 13.48% |
|
Essa |
$ 141,436 |
$ 120,883 |
- 14.53% |
|
Clearview |
$ 150,969 |
$ 123,523 |
- 18.18% |
|
Innisfil |
$ 147,557 |
$ 120,235 |
- 18.52% |
|
Barrie city |
$ 171,409 |
$ 129,745 |
- 24.31% |
|
The recovery: 1995-2010 |
Bottom of Market 1995 |
Average Sale Price 2010 |
Gain |
|
Oro-Medonte |
$ 154,752 |
$ 456,460 |
+ 195.0 % |
|
Clearview |
$ 123,523 |
$ 299,315 |
+ 142.3 % |
|
Innisfil |
$ 120,235 |
$ 257,782 |
+ 114.4 % |
|
Springwater |
$ 170,377 |
$ 359,503 |
+ 111.0% |
|
Essa |
$ 120,883 |
$ 249,780 |
+ 106.6 % |
|
Barrie city |
$ 129,745 |
$ 250,614 |
+ 93.2 % |
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Peak to Peak: 1990-2010 |
Top of Market 1990 |
Average Sale Price 2010 |
Gain |
|
Oro-Medonte |
$ 174,176 |
$ 456,460 |
+ 162.1 % |
|
Clearview |
$ 150,969 |
$ 299,315 |
+ 98.3 % |
|
Springwater |
$ 196,923 |
$ 359,503 |
+ 82.6 % |
|
Essa |
$ 141,436 |
$ 249,780 |
+ 76.6% |
|
Innisfil |
$ 147,557 |
$ 257,782 |
+ 74.7 % |
|
Barrie city |
$ 171,409 |
$ 250,614 |
+ 46.2 % |
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Sale prices in all areas of Simcoe County have been steadily climbing since the market started to recover in 1995. As your Realtor, I will advise you on the potential for increases in market values in the areas that you are considering. It's an essential part of the service that I provide to clients like you who get on the FAST-TRACK. Also read When should I buy? for a better understanding of market timing, or Where should I buy? if you are flexible on location and want to buy strategically. |
|
Bill Rinehart |
436-5111 |
Toll Free 1-877-436-5111 |
© WRinehart2011 All rights reserved.
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