2021 First Half | Year-to-Date | January-June

Not unlike the First Quarter of 2021, sales on the shores of Lake Simcoe were very robust with 77 properties sold.  There has been a total of 132 waterfront sales since the first of January, which is a 74% increase compared to mid-year sales in 2020 in the markets we have been reporting on for the past 15 years:

  • Georgina
  • Innisfil
  • Oro-Medonte
  • Orillia
  • Ramara
  • Beaverton

Georgina and Innisfil’s waterfront market was particularly active, which represents 40% of the total sales volume in the Second Quarter. 

The overall average price for the first half of the year is $1,546,565 – an increase of 39% for the same period in 2020.  In 2020, the average sale price was $1,114,375 and $1,177,458 in 2019, an increase of 31.3% over this 24-month period.

(NOTE: Our annual reporting only includes properties sold above $300,000 on Lake Simcoe/Lake Couchiching. Canal, island, or riverfront sales are excluded from our analysis with the exception of Friday Harbour.)





2021 Second Quarter | April-June

HIGHLIGHTS:

  • Georgina’s median sale price was $1,340,000. There was one high end sale at $2,150,000. The average days on market was 30. Georgina represented 31% of the total sales activity on Lake Simcoe. The lowest selling price was $960,000. There was a vacant land sale on Hedge Road in Jackson’s Point for $1,598,900. 7 of the sold properties were bungalows.
  • Beaverton had 4 high end sales ranging in price from $1,338,000 to $2,435,000. These sales resulted in the average selling price skyrocketing to $1,323,429. The average days on market was only 6. This is very low compared to previous years. As we noted in our previous report, Beaverton seems to have been discovered as it is recognized for its deeded direct waterfront, favourable water quality conditions, larger lots and with mostly western exposure, offering beautiful sunsets.
  • With average sold price of $2,004,275, Oro-Medonte continues to post the highest average selling price on the lake. The highest single selling price was $5,700,000 – located in Shanty Bay, an area coveted by affluent buyers. There were however, some smaller properties selling in the $502,000 to $1,118,200 price range.
  • Ramara reported 20 sales in the second QTR. One significant sale of $2,222,000 was recorded, although there were 11 sales posted over $1,125,000.  13 properties were bungalow design.  There was one vacant land sale on Victoria Point for $680,000.
  • Orillia’s sales volume was quite robust in comparison to previous years.  The average price was $1,806,429 which is somewhat misleading since there was a significant sale at $3,200,000.  The median price, however, was $2,010,000, which is significantly higher than all of the six communities we include in our report.
  • Innisfil’s average price was $1,778,816 and their median price was $1,780,000.  They recorded 19 sales of which 4 were located in Friday Harbour.


All data used in this report was obtained from The Toronto Real Estate Board.

This publication is not to be copied or duplicated without the express written permission of Roxanne Finn or Claxton Finn.

This publication is not intended to solicit buyers or sellers currently under contract with a brokerage.


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