Potential homebuyers in Barrie may find this fall an ideal time to enter the market, as local realtors say conditions are tilting in their favour.
“With about five and a half months of housing inventory on the market, we’re in what signals a strong buyers’ market,” said Wes Ayranto, team leader of Ayranto Real Estate.
“It’s a great time for people looking to expand their portfolios and for first-time buyers who can qualify to get into the market.”
New figures from the Barrie and District Association of Realtors show the average home price in Barrie fell to $708,522 in July 2025, down 6.9 per cent from July 2024. Across Simcoe County, 425 homes sold in July — a 4.9 per cent increase year-over-year.
Ayranto cautioned that while buyers may benefit, sellers face tougher conditions.
“It’s a tough market for those trying to sell and leave,” he said. “If possible, people should consider waiting a little longer for the market to rebound — if they can afford to.”
Despite the decline in prices, realtor Andre Jmourko said buyers still need to be disciplined.
“The advice for buyers in this market is to know your numbers and have your plan,” he said.
“It can be easy to get overwhelmed with options, or disappointed when some sellers with beautiful homes decide to wait until next year given the pace of the market.”
Jmourko added sellers will need to work harder to attract attention from buyers. “A perfect home doesn’t happen by default — it’s made through effort,” he said.
“For sellers, have a great product and make sure it’s marketed hard, because every single glance counts in this market.”
Looking ahead, Jackie Jones, leader of the Jackie Jones Team, predicted 2026 could be even more favourable for buyers, though she noted that appropriately priced properties are still moving quickly.
“I think next year will be great. We’ve seen buyers return to the market,” she said.
“Properties priced right are moving, and some are even going into multiple offers — though not overbidding. I think the end of this year will be steady, like the last 10 weeks. Prices just went down again, and I believe they’ll rebound next year.”
