Real Estate Market Report June 2025

June Market Report

 

At this time, RE/MAX By The Bay Brokerage is pleased to share Real Estate Market Reports for the month of June, 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:

June marks the end of the second quarter in 2025, and we are pleased to report that there was a noticeable increase in market activity (unit sales) throughout the spring months. Following January, February, and March, the majority of areas in Southern Georgian Bay built momentum in April, May, and June. In particular, Collingwood, Clearview, and Georgian Bay Township. Others, for example, Wasaga Beach and Tiny Township, were comparable in June to April, highlighting May as a potential peak once again in 2025, as it was in 2024. With that said, historically, market activity in the summer months tends to stay active, and 2024 concluded an increase in October and November, thanks to cumulative months of interest rate cuts helping make home ownership more affordable again.

The number of “new listings” posted on MLS in June decreased from the previous month of May in all areas of Southern Georgian Bay. This is good, as in theory, it would help balance supply and demand; however, there is unfortunately still more listings coming onto the market than the number of reported unit sales each month, and the absorption rate still remains low in the local markets (7% to 19%).
How’s the Market?

Sales have increased throughout the spring, althrough similar to May, in general, this is a great time for buyers to enter the market based on the available inventory, realtiively reasonable interest rates, few competing offers in the marketplace, 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 81% 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.

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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