September a strong month for home sales in the Barrie region
Residential property sales recorded through the MLSÂ System of the Barrie & District Association of REALTORSÂ Inc. came in well above year-ago levels for the third consecutive month in September 2011, and stood on par with some of the strongest September sales figures on record.
Home sales numbered 387 units in September 2011, an increase of 17 per cent compared to the same month last year. Within the city of Barrie, gains were in line with the overall trend for the region. The city of Barrie saw 243 residential sales in September, up 19 per cent from one year earlier.
`Demand in September came in only slightly below the record month of September set in 2009, and stood on par with the second best ever September sales figure, so it was a very good month for home sales in the region,` said Catherine Garbe, President of the Barrie and District Association of REALTORSÂ. `As a result of recent sales gains, activity for the year-to-date pulled ahead of last year`s levels for the first time this year, and remained above levels in the first nine months of 2009 as well.`
The year-to-date average price for all homes sold via the Association`s MLSÂ System in the first nine months of 2011 was $289,254, up two per cent from the same period last year.
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