Real Estate Market Report July 2025

July Market Report

At this time, RE/MAX By The Bay Brokerage is pleased to share Real Estate Market Reports for the month of July, 2025. Information is included for the areas of Wasaga Beach, Collingwood, Clearview, Blue Mountains, Meaford, Tiny Township, and Georgian Bay Township.

The provided reports are based on the available information as reported to the PropTx MLS System (Matrix) in Ontario. Percentage differences, in particular in the smaller markets, can be skewed due to so few unit sales in the reported period (for example, in Tiny Township, there had only been 1 reported condominium sale in 2024 and 1 reported condominium sale in 2025 year-to-date. The difference in price between those two individual sales is a significant price adjustment. It is a comparison of those two units, more than a reflection of the market at large).

General Observations:

The month of July might not have been as productive as this year’s peak in May in Wasaga Beach, or June in Collingwood; however, overall, it was a very productive month. In particular, the month of July 2025 well outperformed July 2024, which helped improve the year-to-date difference in the number of unit sales reported. For example, at the end of June 2024, the number of unit sales was down -20% in Wasaga Beach and is now only down -4% at the end of July 2025. And in Collingwood, the number of unit sales increased from already being up +6% year-to-date at the end of June 2025 to now being up +10% at the end of July 2025.

However, even with an increase in unit sales, the market is still affected by increased standing inventory and low absorption rates. Included herewith is a summary of the current absorption rates in Southern Georgian Bay:

Clearview 12% (15 reported residential sales in July and a total of 127 listings for sale in July)
Collingwood 13% (53 reported residential sales in July and a total of 397 listings for sale in July)
Blue Mountains 7% (23 reported residential sales in July and a total of 337 listings for sale in July)
Georigan Bay Township 12% (18 reported residential sales in July and a total of 147 listings for sale in July)
Meaford 6.4% (11 reported residential sales in July and a total of 171 listings for sale in July)
Tiny Township 8% (21 reported residential sales in July and a total of 269 listings for sale in July)
Wasaga Beach 12% (59 reported residential sales in July and a total of 504 listings for sale in July)

How’s the Market?

The market remains a great time for buyers to enter the market based on the available inventory, relatively reasonable interest rates, few competing offers, and the purchaser’s ability to negotiate a fair price, terms, and conditions. For sellers, although prices have been holding (even a slight increase in some markets over this time in 2024), it continues to be a challenging time for the 87% to 93% of homes that do not sell each month, and it requires added time and patience to connect with the right buyer in this market. Statistically, there is unfortunately not a buyer for every property listed at the moment, in particular in above-average price ranges. This can mean fewer showings or added time between showings until the supply and demand find more balance to improve the absorption rate.

In the Greater Toronto Market, the month of July concluded with a +13% increase from the previous month in June and a +10.9% increase in the number of units sold compared to last year. With 6,100 reported unit sales in the GTA, that was the most productive July since 2021. Traditionally, an increase in the GTA market is a good thing for the rest of the province in the coming weeks, as a percentage of those sellers re-enter the market as buyers.

Important Notes:

Duplicates have been manually deleted.
Information includes TRREB & One Point Association of REALTORS® (+ all additional PropTx MLS contributing real estate boards in Ontario)
Vacant Land was excluded from the Freehold results.
Freehold currently includes “land lease” unit sales, which are to be considered when reviewing the average price.

Your GO TO Team remains available to provide additional information and to meet all your real estate needs. Please call, text or email us today with your questions.

View the entire Market Report for this month by clicking the links below for each township you are interested in:

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