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The Barrie condo market has been quite steady over the summer. The number of condo units that have sold was consistent month-over-month and the market was relatively predictable.

In August there were a total of 35 condo apartments that sold in Barrie. These units took an average of 45 days to sell and the average sale price was $514,692. Although these prices were not favourable for sellers as prices dropped 10% year-over-year for the month of August, many buyers were able to take advantage of more affordable purchase prices and lower interest rates. 

Sales in the condo townhouse sector in Barrie were also slow throughout the summer with only 9 units that sold in August. The average sale price was $467,544, which was down 9% year-over-year. The average days on market to sell was 42 and units were selling for 98% of the list price. 

There is just short of 8 months of condo inventory on the market, which puts the Barrie condo market in a buyer’s market. 

5 Reasons to Buy Real Estate in Today’s Market

1. Lower Prices = Big Savings 

In a buyer’s market, there are lower entry costs which make it more affordable for first-time buyers and properties are more attractive for investors. 

2. Greater Negotiating Power

When there is a surplus of inventory on the market, buyers have the upper hand when it comes to negotiating. If they find a seller’s terms unfavorable, they have the flexibility to explore alternative properties.

3. Time to Explore and Learn

When the market is slow, it gives buyers the opportunity to take their time and learn about the buying process and options. Purchasing property is a huge life decision so rushing into it can be risky. 

4. Better Value & Long-Term Equity

Purchasing when prices are low gives buyers a better chance to build equity as the market recovers and avoid overpaying in a hot market when bidding wars push prices up.

5. Less Pressure, Less Stress

A buyer’s market is typically calmer with fewer active buyers, less bidding wars and more motivated sellers

When purchasing real estate in a buyer dominant market, buyers can take their time and not feel rushed, do thorough inspections, compare financing options, and avoid overpaying.

With the most recent announcement from the Bank of Canada on September 17^th, 2025, where the policy interest rate was cut another quarter point to 2.5%. It is thought this could prompt buyers to purchase while the market is still slow during the final quarter of the year. 

There are currently a total of 267 condominiums for sale in Barrie, Ontario; 181 condo apartments, 77 condo townhouses, and 9 leasehold condos.

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

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER:  

FOR SALE - Garden view with rare owned boat slip on Lake Couchiching CLICK HERE

Read our previous report for the Barrie condo market - AUGUST 2025

Would like to read more about: 

Why do condo fees differ between Buildings/Corporations? CLICK HERE
The Lifestyle CLICK HERE

Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT! 

Condo buyers in Barrie continue to be cautious as we move through the summer months. Although interest rates have come down this year, many buyers still question what is in store for the real estate market in the short run and are watching the market closely.

Condominium sales in Barrie have been quiet for most of the third quarter so far. In July there were a total of 33 condos that sold in Barrie and only 11 in the first two weeks of August. Historically, real estate sales tend to decline during the summer months, as many buyers temporarily shift their focus to seasonal activities such as cottaging, camping, festivals, concerts, and travel. So it does not come as a surprise that sales were down.

In July, there were 22 condominium apartments that sold in Barrie with an average sale price of $518,477, which was a 12% decrease year-over-year for the month. Although units were selling relatively close to the seller’s asking price, the average days on market to sell these units was 48 days and some sellers had to go through multiple price adjustments before achieving a successful sale.

The condo townhouse market was also down 12% year-over-year for the month of July. Last month there were only 11 units that sold and the average sale price that was recorded was $451,836. This was the first time that the average sale price was below $500,000 since April of this year, which shows that prices in this sector of the market increased over the spring months but have since come back down during the summer slowdown.

Many professionals expect the real estate market to pick up this fall with rising prices, but I have a somewhat different perspective.

There is currently 8 months of condo inventory on the market in Barrie and units are taking; on average, a month and a half to sell, after any price reductions. That means, if no other condominiums were to come available for sale, it would take 8 months for the current inventory to sell; WOW!

Before prices start to rise, this is what is likely to occur first:

- The current inventory needs to start selling. This will require demand to go up.

- The average days on market needs to come down. This means that properties need to start selling faster.

- Price adjustments by sellers should become less frequent, as supply and demand move closer to equilibrium.

Not only does Barrie have quite a large surplus of properties listed for sale at the moment, but there will likely be an increase in inventory next month. Many sellers aim to capitalize on the 'fall boom’, which is often considered the second-best time of year to sell real estate - after spring. So, a decent number of new listings may hit the market in September, further contributing to the existing pool of condos for sale.

Also, if the prime lending rate remains unchanged at the next announcement from the Bank of Canada on Wednesday, September 17^th, 2025, there could be a boost in buyer confidence which could then lead to a rise in property sales, but this does not mean that prices will start to increase, just yet.

There are currently 277 condominiums for sale in Barrie; 190 condo apartments, 81 condo townhouses and 6 lifelease units.
 
*All stats are based on listings sold with the Toronto Regional Real Estate Board

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER:  

FOR SALE - Garden view with rare owned boat slip on Lake Couchiching CLICK HERE

Read our previous report for the Barrie condo market - JULY 2025

Would like to read more about: 

The Status Certificate?  CLICK HERE
What are Common Elements? CLICK HERE

Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT! 

As the Barrie condominium market moves through the summer months, sales remain slow. Buyers continue to be cautious while they make their decision on the next property they would like to call home. 

This has caused many homeowners to struggle with the sale of their property this year. Month after month, the real estate market has continued to shift in Barrie, which has made it challenging for sellers to get ahead of the market.
 
In June, there was a total of 29 condominium apartments that sold in Barrie. The average sale price for this property type was $491,797, which was 23% less than June of 2024. Although units were selling relatively close to the seller’s asking price; the sale-to-list ratio was 97%, some properties had to go through a couple of price adjustments before achieving a successful sale. 

If you are planning to sell this year, it is important to be strategic—start with a strong, competitive pricing plan right away. In today’s slower market, it isn't the time to experiment with higher list prices. Buyers are being more deliberate with their decisions, and properties that are priced above market value may experience extended time on the market with limited interest.

The condo townhouse market saw a slight increase in sales in June. There were 13 condo townhouses that sold in Barrie with an average sale price of $510,031; up 2% from June of 2024. Although units were selling relatively close to the asking price, the average days on market to sell grew compared to previous months. This shows that the demand for condo townhouses was not as high last month as it was earlier on in the year.

If you are a buyer looking to time the market, this summer could be the perfect time to purchase. With demand currently low and inventory high, there are many properties that have been listed for multiple months, and some of these sellers may be open to negotiating in order to facilitate a sale. However, this window of opportunity may narrow if interest rates begin to decline again.
 
In the first half of 2025, there was a total of 198 condos that sold in Barrie, with an average sale price of $515,005. These statistics were very similar to the first two quarters of 2024, which does not come as a surprise as the market has not changed much over the past year. Buyers continue to be cautious as there is still economic uncertainty.

The next announcement from the Bank of Canada is on Wednesday, July 30^th, 2025. If the prime lending rate remains unchanged, it may indicate that the market is stabilizing and could potentially boost buyer confidence, which could then lead to a rise in property sales.
 
There are currently 284 condominiums for sale in Barrie; 200 condo apartments, 78 condo townhouses and 6 lifelease units. At the beginning of July 2024, there were 199 condos for sale in Barrie.
 
 *All stats are based on listings sold with the Toronto Regional Real Estate Board

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER:  

FOR SALE - Garden view with rare owned boat slip on Lake Couchiching CLICK HERE

Read our previous report for the Barrie condo market - JUNE 2025

Would like to read more about: 

Why Do Condo Fees Differ Between Buildings/Corporations CLICK HERE

Condo Ownership CLICK HERE

Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT! 

Condominium sales in Barrie have remained low as we move through the second quarter of 2025. In May there were a total of 33 condos that sold, which was down 34% from May of last year. 

There could be a possibility that condo sales may start to increase since the Bank of Canada held the prime lending rate at their last announcement. This rate hold could indicate the beginning of a more stable market and may boost buyer confidence.

That said, just because the number of units sold could potentially increase, it does not mean that prices will automatically rise. These are two separate elements of the overall picture. There are a lot of condominiums currently listed for sale and before we see prices start to go up, there needs to be fewer price adjustments happening and the days on market to sell properties must come down first. 

Last month there were a total of 22 condo apartments that sold in Barrie with an average sale price of $561,359. Although prices have fluctuated over the past year, this was a 5% increase year-over-year for the month of May. The average days on market that was recorded was 37 and the sale-to-list ratio was 97%.

Sales in the condo townhouse sector have been down this year as well. Unfortunately, this is not unusual in a declining market. Freehold houses have become much more affordable over the recent months and as a result, many buyers have chosen to shift their focus toward freehold townhouses or semi-detached homes rather than focusing on condo townhouses. Although the sale price might be slightly higher, there are no monthly maintenance fees making this property type direct competition for any condo townhouse seller.

In May there were a total of 11 condo townhouses that sold in Barrie with an average sale price of $496,136; which was down 3.5% from the same time last year. The average days on market was 34 and units were selling for 97% of their list price.

Things to consider when buying in a slower, more balanced real estate market:

1.   View as many properties as possible before making a decision. There are a large variety of condo units for sale in Barrie right now in various condominium complexes. Get a feel for each community and make sure the lifestyle is a good fit.

2.   When you are ready to put in an offer, make sure to add conditions that protect your best interest. Purchasing real estate is one most expensive purchases you will ever make, so make sure to cover all your bases.

3.   Choose a Realtor wisely. Not all agents know what each condo complex has to offer and how they differ from other buildings. With inventory being the highest that it has ever been, now is the time to get out and view properties as there is a good variety to look at and some great opportunities for buyers.

Things to consider when selling in a slower, more balanced real estate market:

1.   Be one step ahead of your competition. This means being mindful of how others are priced — especially if there is a chance they may need to adjust their asking price. If you're serious about selling, thoughtful pricing from the start can help position your condo competitively and attract the right buyers.

2.   Do everything you can to make your condo unit stand out. Painting, staging and decluttering can be a lot of work, but remember, you only have one chance to make a great first impression.

3.   Interview multiple Realtors. The condominium market in Barrie is quite different from the freehold housing market, so it would be wise to choose to work with a local agent who understands condo living and the unique trends in the condo market.

There are currently 293 condominiums for sale in Barrie, Ontario; 209 condo apartments, 75 condo townhouses and 9 lifelease units. This is the most inventory that the Barrie condo market has had for sale at a given time. In June of 2024 there were approximately 195 condos for sale in Barrie. 

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

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER:  

FOR SALE - Garden view with rare owned boat slip on Lake Couchiching CLICK HERE

FOR SALE - 2 Bedroom + den spacious corner unit in a 60+ adult community  CLICK HERE

FOR SALE - 2 Bedroom + den condo at Yonge Station Condominiums in South Barrie  CLICK HERE

Read our previous report for the Barrie condo market - MAY 2025

Would like to read more about:

Costs Associated with Condo Ownership CLICK HERE

Why Do Condo Fees Differ Between Buildings/Corporations CLICK HERE

 
Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT! 

Barrie Condo Corner presents - A charming 3 bedroom condo townhouse in one of Barrie’s most prime locations.

Welcome to 165 Kozlov Street #49, a spacious and well-maintained condo townhouse offering a fantastic layout and unbeatable convenience.

The main level features durable laminate flooring throughout and a bright, oversized eat-in kitchen stretching across the back of the home. Complete with a large pantry, dry bar, and extra window over the sink. The kitchen overlooks the back deck that is fully fenced in with a gate, giving access to the common elements and a private community playground — perfect for young families. 

The deck itself is quiet and peaceful, backing onto greenery and is a lovely open space giving that sense of privacy rarely found in townhouse living.

The main floor also offers a cozy living room and dining room that can double as an open-concept office — perfect for today’s flexible lifestyle. Plus, a conveniently located powder room adds that extra touch of comfort, making it easy for both you and your guests to freshen up without any hassle. 

Upstairs, you’ll find three comfortable bedrooms and a 4-piece bathroom. The generous primary bedroom includes two windows for plenty of natural light and a spacious walk-in closet.

The finished basement adds even more living space, ideal for a family room, home gym or relaxation space.

Enjoy the convenience of a private attached garage and a two-car driveway, offering ample parking for both everyday use and guests. The community also features plenty of visitor parking, making it easy to welcome family and friends anytime.

The modest maintenance fees include: water, cable TV, internet, exterior of the buildings, lawn maintenance, community playground, and common elements.

This quaint complex is where comfort meets convenience. Tucked away just off Bayfield Street and surrounded by mature trees, this townhouse community is walking distance to schools, public transit, Wal-Mart, Zehrs, Dollarama, McDonald’s, Georgian Mall, and much more. Close to the East Bayfield Recreation Centre and with quick access to the 400, this friendly and welcoming community is the perfect place to call home.

Asking: $499,900

CLICK to watch the VIRTUAL TOUR!!

Ashley Lamb - Barrie Condominium Expert with RE/MAX Hallmark Chay Realty 

705.816.5262 | [email protected] 

Would you like to read more:

Check out our latest Condo Market Report 

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!

Barrie Condo Corner Presents – Spacious 60+ Lifelease in The Terraces at Heritage Square, located in Barrie's south end.

This sun-filled corner, split 2 bedroom + den, 2 bathroom layout provides comfortable living within a building filled with amenities for residents to enjoy. 

The updated galley kitchen boasts stylish stainless steel appliances, undermount lighting, double sink with modern faucet, and a spacious eat-in kitchen.

Move-in-ready, this well maintained unit has been recently painted throughout, and new carpeting as well as ceiling light fixtures installed in every room. Other lovely features to this property include, chair-height toilets, railings in the bathrooms, and dual heat pumps with separate thermostats for personalized climate control. Its neutral décor, custom vertical blinds, and wrap-around view, create a warm and inviting atmosphere.  

The exclusive parking spot is conveniently located against the wall of the complex, offering a short walk to the entrance with easy access to stairs or the elevator, and a large locker which provides ample space to store extra belongings.

The Terraces at Heritage Square is known for its welcoming sense of community, where residents easily connect and form lasting friendships. Enjoy fantastic on-site amenities, including a games room, library, billiards room, a computer lab, fitness room, hair salon, wellness centre and workshop. The rooftop gardens accommodate activities such as lawn bowling and putting green. There are also walking paths on the grounds and guest suites available for when family and friends visit. 

The unbeatable location is within walking distance to Zehrs, Shoppers Drug Mart, banks, dental offices, restaurants, and more, making everyday errands effortless.

Built with steel studs, fire-rated drywall, and a block wall for extra structural support, this unit offers both durability and peace of mind. Enjoy worry-free living in one of Barrie’s most sought after adult lifestyle communities.

Asking $539,900

CLICK to watch the VIRTUAL TOUR!!!

Ashley Lamb - Barrie Condominium Expert with RE/MAX Hallmark Chay Realty 

705.816.5262 | [email protected] 

Would you like to read more:

Check out our latest condo market report

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!

The spring real estate market in Barrie, Ontario has been slower this quarter than anticipated.

The increase in units for sale has continued to widen the gap between the supply and demand for condominiums. As inventory increased, demand experienced minimal movement which caused the market to be much slower this quarter. It is unfortunate that the reduction of interest rates has not stimulated the real estate market this spring as much as sellers had hoped for.  

In April, there were a total of 21 condo apartments that sold in Barrie. The average sale price for these units was $482,024 and they sold in an average of 33 days. Also noted, there were three condo apartments sold under $300,000 so far this year, which has not happened since 2021. Based on this, if inventory continues to rise and demand remains relatively the same, we could see prices soften further.

Condo townhouse sales were down quite a bit from March with only 4 condo townhouse sales recorded last month. These units sold in an average of 24 days and for an average sale price of $524,750.

It was interesting to see that the average days on market came down quite a bit in both the condo apartment and condo townhouse sectors. This shows that more sellers priced their homes more in line with the current market conditions and their results were a faster sale. This might be the first sign of an improving market. 

It appears that buyers are continuing to take their time and are slowly weeding through the inventory that is currently for sale. Unless a buyer falls in love with a property when they first walk into the home, they are being patient and are waiting for the right property to come along before putting in an offer. This is why it is so important for sellers to have an attractive price and that their homes look their very best right from the start.  

There are currently 271 Condominiums for sale in Barrie, Ontario; 206 Condo Apartments, 62 Condo Townhouses, and 4 Lifelease Units. This is the most condo inventory that Barrie has ever seen on the market at a given time. 

Currently listed exclusively with Barrie Condo Corner – Charming 3 bedroom condo townhouse in one of Barrie’s most prime locations.

Welcome to 165 Kozlov Street #49, a spacious and well-maintained condo townhouse offering a fantastic layout and unbeatable convenience.

The main level features durable laminate flooring throughout and a bright, oversized eat-in kitchen stretching across the back of the home. Complete with a large pantry, dry bar, and extra window over the sink. The kitchen overlooks the back deck that is fully fenced in with a gate, giving access to the common elements and a private community playground — perfect for young families. 

The deck itself is quiet and peaceful, backing onto greenery and is a lovely open space giving that sense of privacy rarely found in townhouse living.

The main floor also offers a cozy living room and dining room that can double as an open-concept office — perfect for today’s flexible lifestyle. Plus, a conveniently located powder room adds that extra touch of comfort, making it easy for both you and your guests to freshen up without any hassle. 

Upstairs, you’ll find three comfortable bedrooms and a 4-piece bathroom. The generous primary bedroom includes two windows for plenty of natural light and a spacious walk-in closet.

The finished basement adds even more living space, ideal for a family room, home gym or relaxation space.

Enjoy the convenience of a private attached garage and a two-car driveway, offering ample parking for both everyday use and guests. The community also features plenty of visitor parking, making it easy to welcome family and friends anytime.

The modest maintenance fees include: water, cable TV, internet, exterior of the buildings, lawn maintenance, community playground, and common elements.

This quaint complex is where comfort meets convenience. Tucked away just off Bayfield Street and surrounded by mature trees, this townhouse community is walking distance to schools, public transit, Wal-Mart, Zehrs, Dollarama, McDonald’s, Georgian Mall, and much more. Close to the East Bayfield Recreation Centre and with quick access to the 400, this friendly and welcoming community is the perfect place to call home.

Ashley Lamb - Barrie Condominium Expert with RE/MAX Hallmark Chay Realty 

705.816.5262 | [email protected] 

Would you like to read more:

Check out our latest Condo Market Report 

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!

Barrie Condo Corner presents - A spacious 2 bedroom + den, 2 bathroom Condo at Yonge Station Condominiums; a prime South Barrie Location!

Asking: $567,500.00

CLICK to watch the VIRTUAL TOUR!!

Ashley Lamb - Barrie Condominium Expert with RE/MAX Hallmark Chay Realty 

705.816.5262 | [email protected] 

Would you like to read more:

Check out our latest Condo Market Report 

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!

The Barrie condo market continues to be slower due to a combination of higher inventory of condo units that are currently listed for sale and the lingering uncertainty in the market from the impact of the Provincial election, the discussions around the tariffs, and the upcoming Federal election.

Although the average days on market to sell a condo in Barrie continues to be longer than 30 days, the real estate market remains active with weekly appointments increasing on properties for sale as we move into the second quarter of 2025. Buyers are taking the opportunity to view as many properties as possible; sometimes the same property multiple times, to weigh their options prior to making a decision.

In March, there were a total of 23 condo apartments that sold with an average sale price of $516,248; down slightly from February. These units took an average of 45 days to sell and sold for an average of 98% of the seller’s asking price.

The condo townhouse sector experienced similar trends. Although units sold increased month-over-month, the average days on market and the sale-list-ratio were quite identical to the condo apartment market, and the average sale price was also down from February.

Last month there were a total of 11 condo townhouses that sold in Barrie. The average sale price was $462,545, and these units sold in an average of 44 days and 99% of the list price.

Properties that have been selling quickly in this slower market have been units that have unique and desirable features, as well as those that are move-in ready and show like a model home. It is important that sellers take into consideration the high inventory on the market and it is suggested to price their property competitively right from the start. This will help their condo stand out amongst the crowd and potentially sell within 30 days of being listed.

There is no doubt that sellers take a risk when they price their home too high in a market that has ample supply, like Barrie currently has. The most serious buyers will book an appointment to view a newly listed condo within the first 2 weeks of a property being listed. If the seller is listed too high, potential buyers might not book an appointment to view and will simply focus on the properties that they feel are more in line with the market. Sellers are better off pricing competitively from day one and tightening up their negotiation strategy, rather than going through a series of price reductions. If they did this, they are more likely to sell in less time and could possibly net more money.

Summarizing the first quarter of 2025:

There were a total of 75 condo apartments that sold in Barrie with an average sale price of $546,805, which took an average of 42 days to sell.

There were a total of 23 condo townhouses that sold in Barrie with an average sale price of $486,894, which took an average of 45 days to sell.

There were a total of 5 lifeleases that sold in Barrie with an average sale price of $360,077, which took an average of 298 days to sell. 

There are currently 247 Condominiums for sale in Barrie, Ontario; 178 Condo Apartments, 60 Condo Townhouses, and 9 Lifelease Units.

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

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER:  

FOR SALE - 2 Bedroom + den condo at Yonge Station Condominiums in South Barrie  CLICK HERE

FOR SALE - 1 Bedroom condo in the Elgin Bay Club on the serene shores of Lake Couchiching in Orillia CLICK HERE

FOR SALE - 2 Bedroom condo at Bayshore Landing right in the heart of downtown Barrie  CLICK HERE

Read our previous report for the Barrie condo market - MARCH 2025

Would like to read more about:

Condo Ownership CLICK HERE

Why Do Condo Fees Differ Between Buildings/Corporations CLICK HERE

 
Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT! 

Now that the days are longer and the snow has almost all melted, it is likely to see more buyers in the market booking appointments to view properties. This combined with the most recent reduction in the prime lending rate, demand for real estate could increase which may cause condo sales to begin to rise in the second quarter of the year. 

In February there were a total of 25 condo apartments that sold in Barrie. These units took an average of 31 days to sell and the average sale price that was recorded was $523,256. Although the average sale price decreased from January, the average days on market started to come down. This was the first sign of the market improving. When properties take less time to sell, it shows that demand has increased and buyers have become more serious. 

We will see if this becomes a trend as we close out the first quarter of 2025 and move into the spring real estate market. 

Last month, condo townhouse units took an average of 36 days to sell and the average sale price that was recorded was $484,750. Although the average sale price in this sector of the market also decreased month-over-month, these properties took less time to sell than in January. 

When selling in a slower market with high inventory, it is important to make sure your condo looks its best, that you are priced competitively, and that you have the right marketing plan in place so that you can capture as many potential buyers as possible. Remember, you only have one opportunity to make a good first impression. 

There is currently 6 months of condo inventory on the market in Barrie right now. If you are a seller and are looking to make a move, it is important to put together a plan that will set yourself apart from your competition. Buyers still have an upper hand in the current market and they will continue to take their time to make a decision as they view properties and figure out which option best suits their lifestyle.

There are currently 213 Condominiums for sale in Barrie, Ontario; 149 Condo Apartments, 49 Condo Townhouses, and 15 Lifelease Units.

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

CURRENTLY FOR SALE WITH BARRIE CONDO CORNER: 

FOR SALE  - 2 Bedroom condo at Bayshore Landing right in the heart of downtown Barrie  CLICK HERE

FOR SALE - 2 Bedroom + den condo at Yonge Station Condominiums in South Barrie  CLICK HERE

FOR SALE - 2 Bedroom + den Lifelease at The Terraces at Heritage Square in South Barrie  CLICK HERE

FOR SALE - 1 Bedroom condo in the Elgin Bay Club on the serene shores of Lake Couchiching in Orillia CLICK HERE

Read our previous report for the Barrie condo market - FEBRUARY 2025

Would like to read more about:

10 Things to Check before buying a Condominium CLICK HERE
Pets in Condos CLICK HERE

 
Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
 

Thinking of making a move? We are a CONDO FOCUSED team that has served the local condo community for over 9 years and have over 20 years experience serving the condo industry. We would be honoured to have the opportunity to discuss how you can net the most money in this market. CALL TODAY to book your FREE CONDO EVALUATION :)

There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!

Barrie Condo Corner Presents – Spacious 60+ Lifelease in The Terraces at Heritage Square, located in Barrie's south end.

This sun-filled corner, split 2 bedroom + den, 2 bathroom layout provides comfortable living within a building filled with amenities for residents to enjoy. 

The updated galley kitchen boasts stylish stainless steel appliances, undermount lighting, double sink with modern faucet, and a spacious eat-in kitchen.

Move-in-ready, this well maintained unit has been recently painted throughout, and new carpeting as well as ceiling light fixtures installed in every room. Other lovely features to this property include, chair-height toilets, railings in the bathrooms, and dual heat pumps with separate thermostats for personalized climate control. Its neutral décor, custom vertical blinds, and wrap-around view, create a warm and inviting atmosphere.  

The exclusive parking spot is conveniently located against the wall of the complex, offering a short walk to the entrance with easy access to stairs or the elevator, and a large locker which provides ample space to store extra belongings.

The Terraces at Heritage Square is known for its welcoming sense of community, where residents easily connect and form lasting friendships. Enjoy fantastic on-site amenities, including a games room, library, billiards room, a computer lab, fitness room, hair salon, wellness centre and workshop. The rooftop gardens accommodate activities such as lawn bowling and putting green. There are also walking paths on the grounds and guest suites available for when family and friends visit. 

The unbeatable location is within walking distance to Zehrs, Shoppers Drug Mart, banks, dental offices, restaurants, and more, making everyday errands effortless.

Built with steel studs, fire-rated drywall, and a block wall for extra structural support, this unit offers both durability and peace of mind. Enjoy worry-free living in one of Barrie’s most sought after adult lifestyle communities.

Asking $565,000

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Ashley Lamb - Barrie Condominium Expert with RE/MAX Hallmark Chay Realty 

705.816.5262 | [email protected] 

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