Southern Georgian Bay Association of REALTORS®

Market Conditions


Western District

Months of inventory for detached homes in the Western district numbered a record low 0.7 at the end of the first quarter of 2021, down from the 4.3 months recorded at the end of the first quarter of 2020.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a tighter market, detached properties spent less time on the market in the first quarter of 2021 than they had a year earlier.

The median number of days on market for detached properties in the Western district was a record low of 10 in the first quarter of 2021, down from 27 days in the first quarter of 2020.


Eastern District

Months of inventory for detached homes in the Eastern district numbered a record low 0.6 at the end of the first quarter of 2021, down from the 3.9 months recorded at the end of the first quarter of 2020.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a tighter market, detached properties spent less time on the market in the first quarter of 2021 than they had a year earlier.

The median number of days on market for detached properties in the Eastern district was a record low of 8 in the first quarter of 2021, down from 25 days in the first quarter of 2020.