The old saying goes, “Know thy neighbour.” In realty, it’s all about knowing thy neighbourhood.
When listing your house with a real estate brokerage, it is absolutely essential you hire a sales representative that knows your neighbourhood, as well as his/her own.
Barrie is currently divided into 11 real estate reference sectors. The East-End, Georgian College, Hospital area, is known as BA01.
Right now this area is hot, hot, hot! If you’re thinking about buying or selling in BA01, it’s time for you to “get in the know.”
Here is what you need to know about your neighbourhood:
- There are approx. 63 active listings in BA01 right now. The large majority of listings, over 60 %, are in the 200,000-399,000 range.
- RE/MAX Chay Realty Inc. is the listing brokerage for 25 % of the homes listed in your area.
- The average listing price for houses in BA01, is approx. $277,788.00.
- Since January the number of houses for sale in this area has TRIPLED, and over 60 houses have already sold since the New Year.
- The average selling price for a house in BA01, in 2012, is approx. $254,000.00
- The houses, already sold in 2012, have sold for, on average, 98% of their listing price.
- 62 % of houses listed were sold within the first 30 days of being on the market.
- 80 % of houses listed were sold within the first 60 days of being on the market.
- Since January 2012, average prices for houses in BA01 have risen from approx. $220,000.00 to approx. $270,000.00.
- My name is George Atkinson. I am a Full-Time, RE/MAX Chay Realty Inc., sales representative and I have lived in Barrie for over 60 years. I know Barrie best. I’m your neighbor, and I know our neighborhood.
