The Barrie real estate market in 2025 was relatively quiet but predictable. While the number of recorded sales was less than in 2024, there were two significant positives. First, the Bank of Canada was able to keep inflation at its target level. Second, the prime lending rate continued to trend downward, improving affordability and buyer confidence.
As a recap, Q1 of 2025 was more active than expected. This was highly influenced by the drop in interest rates over the second half of 2024. Over this period, there were a total of 110 condominium units that sold in Barrie which took an average of 44 days to sell, with an average sale price of $516,850 recorded.
Sellers who achieved a successful sale this quarter took a proactive approach by pricing their properties slightly below market value to spark interest and stand out among competing condo listings. This strategy helped them attract motivated buyers early, navigate shifting market conditions with confidence, and ultimately protect their bottom line. In contrast, listings priced above market often took longer to gain traction, resulting in extended time on the market. This frequently led to price adjustments later on, reinforcing the value of strategic pricing from the start.
In Q2 of 2025, there were only 87 condominiums sold in Barrie with an average price of $511,016, compared to 115 sales during the same period in 2024. While overall sales activity was lower this spring, the condos that did sell moved efficiently, with an average of just 36 days on market.
Shifting focus for a moment to inventory levels during the first half of 2025.
At the beginning of the year, there were 164 condominiums for sale in Barrie, Ontario. By April, that number had increased to approximately 250 units, and by June it had risen to just under 300 condominiums on the market. This marked the highest number of condos available at any one time in Barrie’s history; nearly double the inventory compared to January.
This sharp increase was driven by a combination of unsold 2024 inventory being re-listed and new condominiums entering the market for the first time. The significant influx of listings further slowed market activity as buyers were presented with more options and increased negotiating power.
In Q3, sales increased slightly with a total of 100 condominium units that sold in Barrie. These units took an average of 45 days to sell and recorded an average sale price of $510,048.
The final quarter of 2025 was the slowest period for condominium sales in Barrie. Only 61 units sold during the quarter, with average days on market of 47. The average sale price was $467,360, reflecting a significant decline in the condo market.
Overall, the 2025 real estate market experienced lower activity but remained predictable.
Let’s see what happened in the Barrie condo market year-over-year for the month of December.
December 2024:
1. The average sale price for condo apartments sold was $518,485.
2. The average sale price for condo townhouses sold was $530,000.
3. Units were selling for an average of 97% of their original list price.
4. Average days on market for the whole condominium sector was 35 days.
5. At the beginning of 2025, there were 164 condominiums for sale in Barrie, Ontario.
December 2025:
1. The average sale price for condo apartments sold was $500,176.
2. The average sale price for condo townhouses sold was $398,563.
3. Units were selling for an average of 95% of their original list price.
4. Average days on market for the whole condominium sector was 60 days.
5. There are currently 170 condominiums for sale in Barrie, Ontario.
Year-over-year for December, the average sale price for condo apartments decreased by 3.5% and condo townhouses decreased by 25%.
Things to consider when going into the Barrie real estate market in 2026:
1. Great opportunities for buyers.
Buyers will benefit from a surplus of inventory again this year, giving them greater leverage when negotiating offers. They can continue to take their time and include multiple conditions to better protect their interests when submitting an offer.
- Entry level condos; both on and off the waterfront, start in the mid to low $300s.
- High-end, 2-bedroom waterfront condos start in the high $600s.
- 3-bedroom condo apartments currently range between $400K-$700K.
- 2-storey, 3-bedroom condo townhouses with a private garage start in the low $400s.
2. Consider listing now.
Market conditions are expected to follow similar trends to last year, with inventory likely to increase again as we move through the first quarter. If you are aiming for a successful sale, it is important to choose your listing price and marketing strategy carefully in order to get ahead of the market and stand out from the competition.
3. Hire a condo-specific Realtor.
Market trends in Barrie’s freehold housing market differ significantly from those in the condominium market. Working with a Realtor who specializes in condos provides valuable insight that goes beyond general market knowledge. A condo specialist understands condo-specific pricing trends, maintenance fees, reserve fund health, and the impact these factors can have on resale value.
In addition, they are also familiar with status certificates, condo by-laws, and the rules and regulations, which can help buyers avoid costly surprises and can ensure sellers are positioned properly before listing. A condo specialist knows how to market condo units effectively, understands which buildings are most desirable, and can provide guidance on timing, pricing strategy, and negotiations based on current condo-market conditions.
Ultimately, working with a Realtor who is actively involved in the condominium sector helps protect your investment and increases the likelihood of a smooth, successful transaction.
*All stats are based on listings sold with the Toronto Regional Real Estate Board
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