Total sales for the 3rd quarter are down substantially by 37%.  The largest drop in sales was in Georgina with total sales dropping from 37 in 2018 to 10 sales in 2019.  All other areas were on par with the previous years’ sales volume.

Prices are down in all areas except Innisfil which experienced an 18% increase in the average sale price.  

Our group – Roxanne Henderson, Broker C.I.P.S. & Claxton Finn, Sales Representative – has represented the buyer in 4 of the 7 Georgina waterfront properties that sold for over $1,500,000 so far this year.

The largest decrease occurred in Oro-Medonte which, resulted from no sales over $1.3m.  In the 3rd quarter of 2018, the highest selling price reported on MLS was $4,239,018.

Orillia also experienced a significant decrease in the average sale price.  In the 3rd quarter of 2019, the average selling price was $844,333 a decrease of 35% compared to $1,297,400 in 2018.

Information collected from the Toronto Real Estate Board by Roxanne Henderson, Broker & Claxton Finn, Sales Representative of Chestnut Park Real Estate Limited Brokerage. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. Chestnut Park Real Estate Limited Brokerage does not assume any responsibility or reliability. Whole or partial reproduction is forbidden without the written permission of Roxanne Henderson, Broker & Claxton Finn, Sales Representative.


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