Sales activity was up for non-waterfront properties and up for waterfront properties compared to year-ago levels in the fourth quarter of 2024.
Non-waterfront residential sales in the Lakelands region numbered 1,591 units in the fourth quarter of 2024, increasing 36.8% compared to the same quarter in 2023.
Annually, sales of non-waterfront residential properties numbered 6,610 units in 2024. This was down 9.4% compared to the 7,293 units recorded in 2023.
Waterfront property sales numbered 274 units in the fourth quarter of 2024, increasing 59.3% compared to the same quarter in 2023.
Annually, sales of waterfront properties numbered 1,277 units in 2024. This was down 23.4% compared to the 1,035 units recorded in 2023.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Non-Waterfront Residential | 1,591 | 1,163 | 36.8 |
| Waterfront | 274 | 172 | 59.3 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Non-Waterfront Residential | $670,000 | $660,000 | 1.5 |
| Waterfront | $910,000 | $915,000 | -0.5 |
| Detailed – Non-Waterfront Residential Sales and Median Price by Area | ||||||
|---|---|---|---|---|---|---|
| By Area | Q4-2024 | Q4-2023 | Year-over-year % change | Q4-2024 | Q4-2023 | Year-over-year % change |
| Simcoe County West and Grey County West1 | 525 | 357 | 47.1 | $715,500 | $725,000 | -1.3 |
| Simcoe County North2 | 783 | 617 | 26.9 | $670,000 | $650,000 | 3.1 |
| Muskoka & Area3 | 283 | 189 | 49.7 | $599,900 | $621,000 | -3.4 |
| Detailed – Non-Waterfront Residential Sales and Median Price by Area | ||||||
|---|---|---|---|---|---|---|
| By Area | Q4-2024 | Q4-2023 | Year-over-year % change | Q4-2024 | Q4-2023 | Year-over-year % change |
| Simcoe County West and Grey County West1 | 25 | 29 | -13.8 | $785,000 | $839,000 | -6.4 |
| Simcoe County North2 | 87 | 37 | 135.1 | $945,000 | $960,000 | -1.6 |
| Muskoka & Area3 | 162 | 106 | 52.8 | $862,500 | $915,000 | -5.7 |
¹ The Lakelands West region covers the areas of The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach.
² The Lakelands Central region covers the areas of Midland, Orillia, Oro-Medonte, Penetanguishene, Ramara, Severn, Springwater, Tay, and Tiny.
³ The Lakelands North region covers the areas of Algonquin Highlands, The Archipelago, Bracebridge, Dysart et al, Georgian Bay Township, Gravenhurst, Highlands East, Huntsville, Lake of Bays, Minden, Muskoka Lakes, and Parry Sound.
