2021 | Year-to-Date | January-September

Year-to-Date, waterfront sales are down by 25.4% compared to the same nine-month period of 2020 in the markets we have been reporting on for the past 15 years:

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

There has been 132 waterfront sales since January. 

The areas of Georgina, Oro-Medonte and Ramara experienced a decrease in sales by approximately 40%. This is largely due to a lack of available listings. Demand, however, is still at an all-time high. 

The year-to-date overall average price is $1,559,751, an increase of 33% compared to 2020’s YTD average sale price of $1,173,224.

(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 Third Quarter | July-Septmeber

HIGHLIGHTS:

  • Georgina’s average sale price was $1,502,500. There were two high-end sales reported of $5,300,000 and $3,900,000. The average days on market was 39. Georgina represented 22% of the total sales activity on Lake Simcoe. The lowest selling price was $998,000 for a vacant building lot in Cook’s Bay.
  • Beaverton had 2 high end sales ranging in price from $1,630,000 to $3,450,000. The lowest selling price was $445,000 for an island cottage. In 2021, the average selling price skyrocketed to $1,379,823, an increase of 84.6% compared to 2020. The average days on market was 45.
  • Oro-Medonte’s average sale price was $2,057,597, which is only slightly higher than what was reported for the first half of the year at $2,004,275. The highest selling price of $3,300,000 was a direct waterfront property located in Hawkestone. Oro-Medonte continues to be a highly coveted area, by affluent buyers. 
  • Ramara reported 16 sales in the 3rd QTR and 44 total sales since January. Ramara did report several additional sales in Lagoon City and the surrounding area however, we do not include canal or riverfront property sales in our reporting.
  • Orillia’s year-to-date sales volume increased by 67% compared to 2020. The average price was $1,441,398, an increase of 68.8%. The highest selling price was $1,872,000. There were only 5 sales in the 3rd QTR.
  • Innisfil’s average price was $1,882,143 and the average days on market was 47. Seven of these sales were condo townhomes 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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