2016 Year-end Real Estate Market Snapshot
For single family homes, South Georgian Bay remained a Sellers’ market in 2016. Unit sales
were up 15%. Our data also reports that 70% of the listings sold. The average selling price of
a resale home was $382,979 up 11% from $342,674 in 2015. The majority of sales took place in the $200,000 to $350,000 price range but the $350,000 to $500,000 also saw a spike
over 2015. The number of homes selling for over $1,000,000 almost doubled from 48 in 2015 to
82 in 2016.
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