Orillia MLS® Sold Data

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About Orillia Real Estate

Located roughly an hour north of Toronto, Orillia is a beautiful city that has so many incredible elements to enjoy. Although the area might be more known as a summer destination spot, Orillia is a fantastic place for families, couples, working professionals or retirees to call home. Orillia has a diverse and large quantity of properties to choose from. Whether you’re looking for a detached home, townhouse or condo to buy, Orillia has a property to suit your needs. The average home price in Orillia is close to half of what you would pay in Toronto or other large cities in the GTA. Due to the reasonable property prices and the tranquil way of life, properties in Orillia are moving fast.

Examining the Orillia Real Estate Market

Orillia has a healthy property inventory. From newly-built homes and condominiums to classic red-brick bungalows and townhome villages, Orillia has something for everyone. Thanks to its location, Orillia is a great place to live if you enjoy outdoor activities. In the summer there is swimming, fishing, boating, hiking and cycling to enjoy. During wintertime, skiing, snowmobiling, ice fishing and cross-country skiing are popular activities to partake in. Year-round there is an abundance of restaurants, pubs, museums, provincial parks, farmers’ markets, trails, antique stores and local shops to check out. Orillia has experienced a population surge in recent years, as property owners from larger cities look to move to a place where they can get more for their money and can enjoy a more stress-free way of living.

Orillia Real Estate Statistics

Orillia real estate average sold price in the last 30 days (January 21 - February 19) was $621,314, which is $3,248 (0.5%) lower than the average price of $624,562 in the previous 30 day period (December 22 - January 20), and $23,826 (3.8%) up from the same period 1 year ago ($597,488). Orillia real estate prices over the last 30 days are also $15,298 (2.5%) higher than the average selling price of $606,016 over the past year.
Orillia average sold price for homes was $621,000 in the last 30 days (January 21 - February 19), which is $30,842 (5.0%) down from the average home price of $651,842 in the previous 30 day period (December 22 - January 20), and $10,424 (1.7%) higher than the same period 1 year ago ($610,576). In the last 30 days Orillia the average home price was $8,998 (1.4%) lower than the average selling price of $629,998 over the last 12 months.
Average Orillia condo sold price over the last 30 days (January 21 - February 19) was $718,500. During this period it was $418,500 (58.2%) up from the average price of condo of $300,000 during the previous 30 days (December 22 - January 20), and $403,500 (56.2%) higher compared to the same period 1 year ago ($315,000). In the last 30 days Orillia the average condo price was $202,593 (28.2%) higher than the average selling price of $515,907 over the last year.
Average sold price of Orillia townhouse was $559,666 in the last 30 days (January 21 - February 19), down $16,459 (2.9%) from the average townhome price of $576,125 over the previous 30 days (December 22 - January 20), and $13,559 (2.4%) lower than during to the same period 1 year ago ($573,225). Over the last 30 days the average townhouse price in Orillia was $32,692 (5.8%) higher compared to the average selling price of $526,974 over the last 12 months.
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