Georgina’s real estate market – January 2016

2016 Georgina Market Report Download

Home sales information & pricing trends for Georgina - January 2016

Strong Start for South Keswick

Graph showing home sales volume by area in Georgina

Keswick South has claimed 27 of the 52 home sales in Georgina in January, 2016 – the vast majority of total sales. Baldwin & Belhaven, traditionally the least-transacted areas in Georgina, are off to a slow start with zero homes sold so far in 2016.

Number of Home Sales

  • 8 homes were sold in Historic Lakeshore Communities
  • 3 homes were sold in Keswick North
  • 27 homes were sold in Keswick South
  • 6 homes were sold in Pefferlaw
  • 7 homes were sold in Sutton & Jackson’s Point
  • 1 home was sold in Virginia

 

Highway 404, New Homes & Market Changes

Several small shifts in the market have occurred as a result of new development reaching the pipeline with the opening of Highway 404:Number of home sales and days on market in Georgina

  • Increased new home sales & development in Keswick South seems to be propping resale values up to closer replicate the values of comparable new home sales figures.
  • Similar trends are occurring in Sutton & Jackson’s point, with increased new home sales & development pointing towards a growing average price and record sales volume.

 

Highest price of a home versus lowest price of a home for each real estate area in GeorginaThe excess demand for homes in Keswick South has led it to surpass the Lakeshore Communities with the highest average sale price of a home, and the highest price of a home sold in Georgina in January, 2016.

With the continued popularity for its exposure to Highway 404, and many new homes coming online in South Keswick, we can expect this area to remain the most high-demand real estate in Georgina throughout 2016, and dominate in number of sales.

Pricing trends so far in 2016 are skewed against history, with both the Sutton & Jackson’s Point Areas and Keswick South ahead of Lakeshore Communities.

We do not expect this pricing trend to continue – as demand for lakefront homes returns in the spring, the Lakeshore Communities will likely reclaim the top price point in the market.

Georgina home pricing map - and average size of a home by area

 

Keswick North

Keswick North real estate market statistics

Keswick North in Georgina real estate and home sales trends
Keswick North in Georgina has an average list price of $409,833 The average sale price for Keswick North is $400,833 with an average sale to list price ratio of 97 percent. The average time a listing spends on the market is 15 days. A total of 3 listings sold. The average house has 2 Bedrooms and 2 Washrooms

Keswick South

Keswick South real estate market information
Keswick South in Georgina has an average list price of $432,518 The average sale price for Keswick South is $422,068 with an average sale to list price ratio of 98 percent. The average time a listing spends on the market is 31 days. A total of 27 listings sold. The average house has 3 Bedrooms and 2 Washrooms

Keswick south real estate price statistics

Historic Lakeshore Communities

Real estate statistics for Historic Lakeshore Communities

Historic Lakeshore Communities (Lake Simcoe, Georgina) real estate report
Historic Lakeshore Communities in Georgina has an average list price of $415,538 The average sale price for Historic Lakeshore Communities is $398,875 with an average sale to list price ratio of 97 percent. The average time a listing spends on the market is 21 days. A total of 8 listings sold. The average house has 3 Bedrooms and 2 Washrooms

 

Pefferlaw

Check out our most recent home for sale in Pefferlaw

Pefferlaw real estate market statistics

Pefferlaw Ontario real estate market information
Pefferlaw in Georgina has an average list price of $360,617 The average sale price for Pefferlaw is $361,567 with an average sale to list price ratio of 102 percent. The average time a listing spends on the market is 61 days. A total of 6 listings sold. The average house has 3 Bedrooms and 2 Washrooms

 

Sutton & Jackson’s Point

Sutton & Jackson's point real estate market infographic
Sutton & Jackson’s Point in Georgina has an average list price of $376,914 The average sale price for Sutton & Jackson’s Point is $370,143 with an average sale to list price ratio of 98 percent. The average time a listing spends on the market is 25 days. A total of 7 listings sold. The average house has 3 Bedrooms and 2 Washrooms

Sutton & Jackson's Point Real Estate Market Statistics

Virginia

Virginia Real Estate sales infographic
Virginia in Georgina has an average list price of $338,000 The average sale price for Virginia is $323,000 with an average sale to list price ratio of 96 percent. The average time a listing spends on the market is 50 days. A total of 1 listings sold. The average house has 3 Bedrooms and 1 Washrooms

Virginia home sales statistics January 2016

 

Leave a Reply