Sales activity was down for non-waterfront properties and down for waterfront properties compared to year-ago levels in the first quarter of 2025.
Non-waterfront residential sales in the Lakelands region numbered 710 units in the first quarter of 2025, down significantly compared to the same quarter in 2024.
Waterfront property sales numbered 102 units in the first quarter of 2025, edging down only 2.9% compared to the same quarter in 2024.
| 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.
