Georgina Real Estate Statistics

Georgina Real Estate Price Trend
Georgina real estate average sold price in the last 30 days (March 26 - April 24) was $866,488, which is $48,889 (5.6%) lower than the average price of $915,377 in the previous 30 day period (February 25 - March 25), and $81,592 (9.4%) down from the same period 1 year ago ($948,080). Georgina real estate prices over the last 30 days are also $1,957 (0.2%) higher than the average selling price of $864,531 over the past year.
Georgina average sold price for homes was $886,066 in the last 30 days (March 26 - April 24), which is $60,249 (6.8%) down from the average home price of $946,315 in the previous 30 day period (February 25 - March 25), and $87,184 (9.8%) lower than the same period 1 year ago ($973,250). In the last 30 days Georgina the average home price was $3,247 (0.4%) higher than the average selling price of $882,819 over the last 12 months.
Average Georgina condo sold price over the last 30 days (March 26 - April 24) was $481,666. During this period it was $78,300 (16.3%) down from the average price of condo of $559,966 during the previous 30 days (February 25 - March 25), and $68,400 (14.2%) lower compared to the same period 1 year ago ($550,066). In the last 30 days Georgina the average condo price was $181,869 (37.8%) higher than the average selling price of $299,797 over the last year.
Average sold price of Georgina townhouse was $814,166 in the last 30 days (March 26 - April 24), up $20,741 (2.5%) from the average townhome price of $793,425 over the previous 30 days (February 25 - March 25), and $24,166 (3.0%) higher than during to the same period 1 year ago ($790,000). Over the last 30 days the average townhouse price in Georgina was $141,885 (17.4%) higher compared to the average selling price of $672,281 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Georgina real estate was $866,488 in the last 30 days (March 26 - April 24), which is collectively $16,091 (1.6%) lower than the average asking price of $1,028,538. This represents a decline of $2,445 (17.9%) compared to $13,646 (1.4%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).
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 47.5% with 84 properties sold and 160 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from 48.1% recorded during the previous 30 day period (February 25 - March 25), and a decrease from 56.0% 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 84 properties that were successfully sold in Georgina in the last 30 days (March 26 - April 24) was 24 days, which is 1 days more than 23 days average in the previous 30 day period (February 25 - March 25) and 8 days longer than during the same period a year ago (16 days).
There were 110 delisted properties in Georgina, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 63 days on the market. This is 6 days longer than the average of 57 days during the previous 30 day period (February 25 - March 25) and 20 days more compared to the same period last year average of 43 days on the market.
110 Georgina properties that didn't sell stayed on the market 162.5% longer than 84 that sucessfully sold over the last 30 days - 24 days when sold vs 63 days when delisted respectively.
Average Days on the Market in Georgina over the past 12 months for properties that have sold was 25.0 days, with 54.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
177 new properties were listed on the market in Georgina in the last 30 days (March 26 - April 24). During the same time 84 properties were sold and 110 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 17 properties (or 9.6%).
During the previous 30 day period (February 25 - March 25) there were 160 new properties listed, 77 sold and 88 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 133 new listings per month.
New Real Estate Listings by Property Type
There were a total of 161 homes listed during the last 30 days (March 26 - April 24), which is 91.0% of all properties listed in Georgina. This is a 8.8% increase compared with a previous 30 day period (February 25 - March 25) and 42.5% up from the same period a year ago. Over the past year an average of 125 homes are were listed per month.
2 condo units were listed in the last 30 days (March 26 - April 24) in Georgina, which represents 1.1% of all new listings. This is down 0.0% from the prior 30 day period (February 25 - March 25) and 0.0% less compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
14 townhomes were listed over the last 30 days (March 26 - April 24) in Georgina, which is 7.9% of all new real estate inventory. This is a 40.0% more than during the previous 30 day period (February 25 - March 25) and 1,300.0% 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 75 homes sold during the last 30 days (March 26 - April 24), which is 89.3% of all properties sold in Georgina. This is a 13.6% increase compared with a previous 30 day period (February 25 - March 25) and 25.0% up from the same period a year ago. Over the past year an average of 85 homes are were sold per month.
3 condo units were sold in the last 30 days (March 26 - April 24) in Georgina, which represents 3.6% of all sold properties. This is down 0.0% from the prior 30 day period (February 25 - March 25) and 0.0% less compared to the same period last year. There were 1 condos sold per month on average during the last 12 months.
6 townhomes were sold over the last 30 days (March 26 - April 24) in Georgina, which is 7.1% of all sold real estate. This is a 25.0% less than during the previous 30 day period (February 25 - March 25) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 11 a month.
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