As 2025 came to a close, the Southern Georgian Bay real estate market continued to show signs of adjustment, creating opportunity for prepared buyers and realistic sellers. December’s data reflects a buyer-friendly environment supported by steady sales activity and increased inventory.
A Market That Favours Buyers
The market remained firmly in buyer territory throughout December. While prices softened modestly compared to last year, sales activity held steady, suggesting demand remains — particularly for well-priced properties.
The median sale price for December came in at $665,000, down 1.12% year-over-year, while the average sale price was $778,624, reflecting a shift toward more value-focused transactions. This trend highlights buyers’ increased selectivity and price sensitivity as they navigate a more balanced market.
Inventory Continues to Grow
One of the defining features of December’s market was elevated inventory. 234 new listings entered the market, a 1.3% increase compared to December 2024. At the same time, expired listings rose to 300, indicating that some sellers are adjusting expectations as conditions evolve.
This growing supply gives buyers more choice and negotiating power — a notable contrast to the fast-moving, seller-driven markets of previous years.
Sales Activity Shows Resilience
Despite seasonal slowdowns and price adjustments, 120 properties sold in December — a 3.45% increase year over year. This steady sales pace demonstrates that buyers are still active, particularly at lower and mid-range price points.
The sales-to-new-listings ratio rose slightly to 51.28%, reinforcing the market’s buyer-friendly stance while showing that properly priced homes continue to attract interest.
Year-End Perspective
Looking at the full year, total sales volume reached $1.85 billion, up 22.68% from 2024, with 2,172 units sold, a 16.21% increase year over year. The year-to-date average sale price climbed to $832,769, reflecting stronger performance earlier in the year despite late-year softening.
Average days on market increased to 60 days, giving buyers more time to make informed decisions and sellers more reason to focus on pricing, presentation, and strategy.
What This Means Moving Forward
As the market heads into 2026, conditions point to continued opportunity for buyers and a need for thoughtful planning from sellers. Pricing accurately, understanding local trends, and working with experienced real estate professionals will be key to navigating the months ahead.
Whether you’re considering buying, selling, or simply staying informed, understanding these market shifts can help you make confident, well-timed decisions.