Non-waterfront Residential
Simcoe County West and Grey County West
Non-waterfront residential property sales in Simcoe County West and Grey County West numbered 525 units in the fourth quarter of 2024, a large increase of 47.1% compared to the same quarter in 2023.
Annually, non-waterfront residential property sales in Simcoe County West and Grey County West numbered 2,097 units in all of 2024. This was down 5.3% compared to the 2,215 units recorded in 2023.
Simcoe County West and Grey County West covers the areas of The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach.
Months of inventory numbered 8.5 at the end of the fourth quarter of 2024, down from the 11.1 months recorded at the end of the fourth quarter of 2023.
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.
Despite a tighter market, non-waterfront properties spent more time on the market in the fourth quarter of 2024 than they had a year earlier.
The median number of days on market for sold non-waterfront properties was 41 in the fourth quarter of 2024, up from 32 days in the fourth quarter of 2023.
The median sale price for non-waterfront residential properties in Simcoe County West and Grey County West edged down 1.3% on a year-over-year basis to $715,500 in the fourth quarter of 2024.
Simcoe County North
Non-waterfront residential property sales in Simcoe County North numbered 783 units in the fourth quarter of 2024, an increase of 26.9% compared to the same quarter in 2023.
Annually, non-waterfront residential property sales in Simcoe County North numbered 3,341 units in all of 2024. This was down 16.6% compared to the 4,006 units recorded in 2023.
Simcoe County North covers the areas of Midland, Orillia, Oro-Medonte, Penetanguishene, Ramara, Severn, Springwater, Tay, and Tiny.
Months of inventory numbered 6.1 at the end of the fourth quarter of 2024, down from the 8.4 months recorded at the end of the fourth quarter of 2023.
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.
Despite a tighter market, non-waterfront properties spent more time on the market in the fourth quarter of 2024 than they had a year earlier.
The median number of days on market for sold non-waterfront properties was 30 in the fourth quarter of 2024, up slightly from 29 days in the fourth quarter of 2023.
The median sale price for non-waterfront residential properties in Simcoe County North edged up 3.1% on a year-over-year basis to $670,000 in the fourth quarter of 2024.
Muskoka & Area
Non-waterfront residential property sales in Muskoka & Area numbered 283 units in the fourth quarter of 2024, a large increase of 49.7% compared to the same quarter in 2023.
Annually, non-waterfront residential property sales in Muskoka & Area numbered 1,172 units in all of 2024. This was up 9.3% compared to the 1,072 units recorded in 2023.
Muskoka & Area 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.
Months of inventory numbered 7.4 at the end of the fourth quarter of 2024, down from the 13.9 months recorded at the end of the fourth quarter of 2023.
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.
Despite a tighter market, non-waterfront properties spent the same amount of time on the market in the fourth quarter of 2024 as they had a year earlier.
The median number of days on market for sold non-waterfront properties was 42 in the fourth quarter of 2024, unchanged from 42 days in the fourth quarter of 2023.
The median sale price for non-waterfront residential properties in Muskoka & Area edged down 3.4% on a year-over-year basis to $599,900 in the fourth quarter of 2024.
Waterfront
Simcoe County West and Grey County West
Waterfront property sales in Simcoe County West and Grey County West numbered 25 units in the fourth quarter of 2024, down four sales compared to the same quarter in 2023.
Annually, waterfront property sales in Simcoe County West and Grey County West numbered 126 units in all of 2024. This was up 17.8% compared to the 107 units recorded in 2023.
Simcoe County West and Grey County West covers the areas of The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach.
Months of inventory numbered 16.7 at the end of the fourth quarter of 2024, down from the 42.5 months recorded at the end of the fourth quarter of 2023.
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.
Despite a tighter market, waterfront properties spent more time on the market in the fourth quarter of 2024 than they had a year earlier.
The median number of days on market for sold waterfront properties was 69 in the fourth quarter of 2024, up from 29 days in the fourth quarter of 2023.
The median sale price for waterfront properties in Simcoe County West and Grey County West was down 6.4% on a year-over-year basis to $785,000 in the fourth quarter of 2024.
Simcoe County North
Waterfront property sales in Simcoe County North numbered 87 units in the fourth quarter of 2024, more than double the levels from a year earlier, rising 135.1% compared to the same quarter in 2023.
Annually, waterfront property sales in Simcoe County North numbered 371 units in all of 2024. This was up 46.1% compared to the 254 units recorded in 2023.
Simcoe County North covers the areas of Midland, Orillia, Oro-Medonte, Penetanguishene, Ramara, Severn, Springwater, Tay, and Tiny.
Months of inventory numbered 15.3 at the end of the fourth quarter of 2024, up from the 11.8 months recorded at the end of the fourth quarter of 2023.
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 more balanced market, waterfront properties spent more time on the market in the fourth quarter of 2024 than they had a year earlier.
The median number of days on market for sold waterfront properties was 50 in the fourth quarter of 2024, up from 35 days in the fourth quarter of 2023.
The median sale price for waterfront properties in Simcoe County North edged down 1.6% on a year-over-year basis to $945,000 in the fourth quarter of 2024.
Muskoka & Area
Waterfront property sales in Muskoka & Area numbered 162 units in the fourth quarter of 2024, a large increase of 52.8% compared to the same quarter in 2023.
Annually, waterfront property sales in Muskoka & Area numbered 780 units in all of 2024. This was up 15.7% compared to the 674 units recorded in 2023.
Muskoka & Area 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.
Months of inventory numbered 11.8 at the end of the fourth quarter of 2024, down from the 14.1 months recorded at the end of the fourth quarter of 2023.
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.
Despite a tighter market, waterfront properties spent more time on the market in the fourth quarter of 2024 than they had a year earlier.
The median number of days on market for sold waterfront properties was 65 in the fourth quarter of 2024, up from 47.5 days in the fourth quarter of 2023.
The median sale price for waterfront properties in Muskoka & Area was down 5.7% on a year-over-year basis to $862,500 in the fourth quarter of 2024.