The Lakelands Association of REALTORS®

Sales by Category


Non-waterfront Residential

Lakelands West

Non-waterfront residential property sales in the Lakelands West region numbered 425 units in the second quarter of 2024, weakening 22.9% compared to the same quarter in 2023.

The Lakelands West region covers the areas of The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach.

Months of inventory numbered 8.3 at the end of the second quarter of 2024, up from the 3.9 months recorded at the end of the second 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, non-waterfront properties spent more time on the market in the second quarter of 2024 than they had a year earlier.

The median number of days on market for sold non-waterfront properties was 32 in the second quarter of 2024, up from 23 days in the second quarter of 2023.

The median sale price for non-waterfront residential properties in the Lakelands West region edged down 3% on a year-over-year basis to $710,000 in the second quarter of 2024.

Lakelands Central

Non-waterfront residential property sales in the Lakelands Central region numbered 505 units in the second quarter of 2024, declining 14% from the same quarter in 2023.

The Lakelands Central region covers the areas of Midland, Orillia, Oro-Medonte, Penetanguishene, Ramara, Severn, Springwater, Tay, and Tiny.

Months of inventory numbered 5.2 at the end of the second quarter of 2024, up from the 3.3 months recorded at the end of the second 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, non-waterfront properties spent more time on the market in the second quarter of 2024 than they had a year earlier.

The median number of days on market for sold non-waterfront properties was 23 in the second quarter of 2024, up from 17 days in the second quarter of 2023.

The median sale price for non-waterfront residential properties in the Lakelands Central region was little changed, down only 0.6% on a year-over-year basis to $675,000 in the second quarter of 2024.

Lakelands North

Non-waterfront residential property sales in the Lakelands North region numbered 304 units in the second quarter of 2024, up six sales compared to the same quarter in 2023.

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.

Months of inventory numbered 5.6 at the end of the second quarter of 2024, up from the 4.1 months recorded at the end of the second 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, non-waterfront properties spent more time on the market in the second quarter of 2024 than they had a year earlier.

The median number of days on market for sold non-waterfront properties was 27 in the second quarter of 2024, up slightly from 22 days in the second quarter of 2023.

The median sale price for non-waterfront residential properties in the Lakelands North region edged down 3.6% on a year-over-year basis to $626,750 in the second quarter of 2024.


Waterfront

Lakelands West

Waterfront property sales in the Lakelands West region numbered 40 units in the second quarter of 2024, up one sale compared to the same quarter in 2023.

The Lakelands West region covers the areas of The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach.

Months of inventory numbered 10 at the end of the second quarter of 2024, up from the 6.5 months recorded at the end of the second 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 second quarter of 2024 than they had a year earlier.

The median number of days on market for sold waterfront properties was 25 in the second quarter of 2024, up slightly from 20 days in the second quarter of 2023.

The median sale price for waterfront properties in the Lakelands West region edged down 2.2% on a year-over-year basis to $905,000 in the second quarter of 2024.

Lakelands Central

Waterfront property sales in the Lakelands Central region numbered 58 units in the second quarter of 2024, weakening 24.7% compared to the same quarter in 2023.

The Lakelands Central region covers the areas of Midland, Orillia, Oro-Medonte, Penetanguishene, Ramara, Severn, Springwater, Tay, and Tiny.

Months of inventory numbered 11.1 at the end of the second quarter of 2024, up from the 5.3 months recorded at the end of the second 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 second quarter of 2024 than they had a year earlier.

The median number of days on market for sold waterfront properties was 31 in the second quarter of 2024, up slightly from 26 days in the second quarter of 2023.

The median sale price for waterfront properties in the Lakelands Central region was up 7.4% on a year-over-year basis to $1,073,500 in the second quarter of 2024.

Lakelands North

Waterfront property sales in the Lakelands North region numbered 277 units in the second quarter of 2024, up one sale compared to the same quarter in 2023.

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.

Months of inventory numbered 8 at the end of the second quarter of 2024, up from the 4.6 months recorded at the end of the second 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 second quarter of 2024 than they had a year earlier.

The median number of days on market for sold waterfront properties was 26 in the second quarter of 2024, up from 19 days in the second quarter of 2023.

The median sale price for waterfront properties in the Lakelands North region edged up 2.1% on a year-over-year basis to $970,000 in the second quarter of 2024.





Dark Mode