Southern Georgian Bay’s real estate market in July 2025 is more active, with higher-value sales boosting averages, but elevated inventory levels still give buyers the upper hand.
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Market Highlights (Year-over-Year: July 2025 vs July 2024)
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Median Sale Price: $679,900 (+3.02%)
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Average Sale Price: $836,827 (+14.09%)
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Sales Volume: $171.5M (+49.93%)
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Unit Sales: 205 properties (+31.41%)
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New Listings: 678 (+29.89%)
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Expired Listings: 169 (-44.04%)
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Sales-to-Listing Ratio: 30.24% (+1.17%)
Year-to-Date (2025 vs 2024)
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Total Sales Volume: $1.03B (+22.55%)
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Unit Sales: 1,212 (+11.29%)
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New Listings: 4,773 (+29.95%)
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Average Sale Price: $856,493 (+11.36%)
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Median Sale Price: $725,000 (+9.85%)
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Average Days on Market: 58 days (+14%)
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Sales-to-Listing Ratio: 25.39% (down -14.35%)
Property Type Breakdown (YTD 2025 vs 2024)
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Freehold Sales Volume: $903.8M (+32.24%) | Avg. Price $903,808 (+6.32%)
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Condo Sales Volume: $126.3M (+20.57%) | Avg. Price $595,583 (-3.88%)
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Vacant Land Sales Volume: $31.5M (+32.25%) | Avg. Price $508,831 (+2.39%)
Key Takeaways
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The market remains a buyer’s market due to high inventory, despite strong growth in sales and prices.
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Luxury segment is driving growth: Sales over $750K and $1M+ surged (up 34–38%).
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Listings are rising faster than sales, keeping conditions competitive.
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Expired listings dropped sharply, suggesting stronger buyer engagement compared to last year.