Georgina Real Estate Statistics

Georgina Real Estate Price Trend
Georgina real estate average sold price in the last 30 days (February 17 - March 17) was $935,813, which is $38,895 (4.2%) higher than the average price of $896,918 in the previous 30 day period (January 18 - February 16), and $25,054 (2.7%) down from the same period 1 year ago ($960,867). Georgina real estate prices over the last 30 days are also $67,294 (7.2%) higher than the average selling price of $868,519 over the past year.
Georgina average sold price for homes was $955,420 in the last 30 days (February 17 - March 17), which is $45,298 (4.7%) up from the average home price of $910,122 in the previous 30 day period (January 18 - February 16), and $19,798 (2.1%) lower than the same period 1 year ago ($975,218). In the last 30 days Georgina the average home price was $69,036 (7.2%) higher than the average selling price of $886,384 over the last 12 months.
Average sold price of Georgina townhouse was $763,333 in the last 30 days (February 17 - March 17), up $54,583 (7.2%) from the average townhome price of $708,750 over the previous 30 days (January 18 - February 16), and $59,767 (7.8%) lower than during to the same period 1 year ago ($823,100). Over the last 30 days the average townhouse price in Georgina was $91,453 (12.0%) higher compared to the average selling price of $671,880 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Georgina real estate was $935,813 in the last 30 days (February 17 - March 17), which is collectively $6,039 (0.7%) lower than the average asking price of $899,751. This represents an increase of $8,982 (59.8%) compared to $15,021 (1.4%) Sold-Under-Asking price from the previous 30 day period (January 18 - February 16).
The maximum Sold Over/Under Asking ratio in Georgina during the last 12 months was recorded in May, 2023 with an average of $16,185 over the asking price, while the minimum occurring in December, 2023 with $39,981 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Georgina was 49.0% with 71 properties sold and 127 new properties listed in the past 30 days (February 17 - March 17). This represents an increase from 48.0% recorded during the previous 30 day period (January 18 - February 16), and a decrease from 60.2% compared to the same period one year ago.
Over the the last year the highest SNLR in Georgina was 299.2% recorded in July and the lowest was in November at 28.3%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 71 properties that were successfully sold in Georgina in the last 30 days (February 17 - March 17) was 18 days, which is 16 days less than 34 days average in the previous 30 day period (January 18 - February 16) and 4 days shorter than during the same period a year ago (22 days).
There were 63 delisted properties in Georgina, those that got either Expired, Suspended or Terminated over the last 30 days (February 17 - March 17) with an average of 68 days on the market. This is 4 days shorter than the average of 72 days during the previous 30 day period (January 18 - February 16) and 33 days more compared to the same period last year average of 35 days on the market.
63 Georgina properties that didn't sell stayed on the market 277.8% longer than 71 that sucessfully sold over the last 30 days - 18 days when sold vs 68 days when delisted respectively.
Average Days on the Market in Georgina over the past 12 months for properties that have sold was 24.6 days, with 52.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
145 new properties were listed on the market in Georgina in the last 30 days (February 17 - March 17). During the same time 71 properties were sold and 63 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 11 properties (or 7.6%).
During the previous 30 day period (January 18 - February 16) there were 127 new properties listed, 61 sold and 61 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 176 new properties listed, the slowest - December with 33 new listings and a yearly average of 128 new listings per month.
New Real Estate Listings by Property Type
There were a total of 135 homes listed during the last 30 days (February 17 - March 17), which is 93.1% of all properties listed in Georgina. This is a 13.4% increase compared with a previous 30 day period (January 18 - February 16) and 70.9% up from the same period a year ago. Over the past year an average of 121 homes are were listed per month.
2 condo units were listed in the last 30 days (February 17 - March 17) in Georgina, which represents 1.4% of all new listings. This is up 100.0% from the prior 30 day period (January 18 - February 16) and 33.3% less compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
8 townhomes were listed over the last 30 days (February 17 - March 17) in Georgina, which is 5.5% of all new real estate inventory. This is a 14.3% more than during the previous 30 day period (January 18 - February 16) and 33.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 6 a month.
Real Estate Sales by Property Type
There were a total of 66 homes sold during the last 30 days (February 17 - March 17), which is 93.0% of all properties sold in Georgina. This is a 15.8% increase compared with a previous 30 day period (January 18 - February 16) and 37.5% up from the same period a year ago. Over the past year an average of 85 homes are were sold per month.
3 townhomes were sold over the last 30 days (February 17 - March 17) in Georgina, which is 4.2% of all sold real estate. This is a 25.0% less than during the previous 30 day period (January 18 - February 16) and 40.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 10 a month.
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