What do people say; “It ain’t over till the fat lady sings” .. well, she has sung and the Real Estate Market in Southern Georgian Bay rang loudly.
The Southern Georgian Bay enjoyed an extraordinary sales year in 2021, with eight months of record volume and the region’s first $2 Billion year; totally $2,326,833,555 – up 26% from 2020’s record, and more than doubling 2019s record.
The Impact On Your Home
So Sales Volume was up .. but what everyone wants to know is the Average Sale Price. Sellers in 2021 enjoyed an Average Sale Price of $880,728 which is up 30% from 2020, and only spent an average of 21 days on market.
The Shake Down For Each Sector
Single-Family Homes
Average Sale Price ⬆️ 30% to $972,499 from 2020
20 Average Days On Market ⬇️ 57% from 2020
Sales Volume ⬆️ 25%
Condominiums
Average Sale Price ⬆️ 24% to $563,776 from 2020
30 Average Days On Market ⬇️ 25% from 2020
Sales Volume ⬆️ 57%
Townhouses
Averages Sale Price ⬆️ 51% to $716,233 from 2020
22 Average Days On Market ⬇️ 41% from 2020
Sales Volume ⬆️ 8%
Brokerage Market Share - Royal LePage Locations North In 2021
⬆️ We broke our own Southern Georgian Bay Regional Record For Annual Sales Volume with $1,331,056,293
⬆️ – Overall we had more than 3 times the SALES VOLUME of our closest regional competitor
⬆️ – We were #1 in the regional LUXURY home market, with nearly 3 times the Unit Sales of our closest competitor
Tooting Our Own Horn! -TL REAL ESTATE
I am thrilled and so proud to be celebrating this prestigious award recognition, which represents the Top 3% of Royal LePage REALTORS® for the Sales Year of 2021. Without my incredible clients, who place their trust in me with one of the biggest decisions of their life, their largest asset; I would not be where I am today. Thank You to the Individuals/Families who allowed me to be a part of their Real Estate Journey in 2021.
Here’s to 2022!
Have Questions?
Text, Call, Email – I’m here to explain how the Market will affect your unique situation and how I can help you.
