🌟DECEMBER MARKET REPORT🌟
BALANCED MARKET
The Southern Georgian Bay real estate market is balanced in Dec 2024, showing strong growth in both unit sales and sales volume compared to last year (2023). The median sale price increased by 9.35% to $672,500, while the average sale price rose by 27.84% to $854,791, reflecting heightened buyer activity. With a unit sales-to-listings ratio of 50.22%, the market offers opportunities for both buyers and sellers to negotiate favorable outcomes.
DECEMBER NUMBERS (Year-over-year comparison Dec 2024 vs. Dec 2023)
Median Sale Price
$672,500
+9.35%
Average Sale Price
$854,791
+27.84%
Sales Volume
$99,155,777
+100.39%
Unit Sales
116
+56.76%
New Listings
231
+4.05%
Expired Listings
347
-42.17%
Unit Sales/Listings Ratio
50.22%
+50.65%