The Southern Georgian Bay real estate market remained in a buyer’s
market this January, despite strong growth in sales volume and unit
sales. The median sale price increased by 13.51% to $735,000, while
the average sale price rose by 19.78% to $892,247, indicating steady
demand. Sales volume climbed by 31.19%, supported by a 9.52% rise
in unit sales to 115 transactions. New listings increased by 30.12%,
expanding inventory, while expired listings fell by 51.88%. With the
unit sales-to-listings ratio at 26.62%, buyers continue to have more
options and negotiating power in today’s market.