Southern Georgian Bay Real Estate Market Report – August 2025.
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Market Highlights (August 2025 vs. August 2024)
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Median Sale Price: $645,000 (+2.06%)
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Average Sale Price: $797,962 (+9.13%)
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Sales Volume: $158.6M (+43.68%)
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Unit Sales: 199 (+31.79%)
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New Listings: 654 (+29.25%)
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Expired Listings: 198 (–53.95%)
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Sales-to-Listings Ratio: 30.43% (+1.96%)
Year-to-Date (YTD) Performance (2025 vs. 2024)
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Sales Volume: $1.19B (+25%)
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Unit Sales: 1,411 (+13.79%)
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New Listings: 5,427 (+29.86%)
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Sales-to-Listings Ratio: 26% (–12.38%)
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Average Sale Price: $849,176 (+11.09%)
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Median Sale Price: $724,750 (+10.86%)
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Days on Market: 58 (+6 days from last year)
Property Type Breakdown (YTD 2025 vs. 2024)
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Freehold: $1.04B volume (+35.46%), 1,165 sales (+27.04%), avg. price $896,167 (+6.62%)
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Condo: $144.7M volume (+18.71%), 246 sales (+26.8%), avg. price $588,100 (–6.38%)
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Vacant Land: $34.8M volume (+30.25%), 73 sales (+37.74%), avg. price $476,555 (–5.43%)
Price Bracket Trends (YTD)
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Entry-level ($0–199K): +50% sales
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Mid-range ($350K–549K): –19.27% sales
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Upper mid-range ($550K–999K): +17% to +35% growth
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Luxury ($1M+): +36.55%
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Ultra-luxury ($2M+): +40.54%
Key Takeaways
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The market remains a buyer’s market due to high listing supply.
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Strong growth in sales volume and unit sales, especially in freehold and luxury segments.
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Condo and vacant land prices dipped slightly, despite higher sales activity.
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Expired listings dropped sharply, showing stronger demand absorption
