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 $8,146 (1.3%) higher than the average selling price of $613,168 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 $14,312 (2.3%) lower than the average selling price of $635,312 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 $185,837 (25.9%) higher than the average selling price of $532,663 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 $16,041 (2.9%) higher compared to the average selling price of $543,625 over the last 12 months.

Average selling price for Orillia real estate was $621,314 in the last 30 days (January 21 - February 19), which is collectively $11,342 (1.6%) lower than the average asking price of $726,064. This represents an increase of $8,578 (43.1%) compared to $19,920 (2.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Orillia during the last 12 months was recorded in June, 2024 with an average of $7,732 under the asking price, while the minimum occurring in October, 2024 with $24,488 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Orillia was 56.5% with 35 properties sold and 41 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 58.5% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 61.8% compared to the same period one year ago.

Over the the last year the highest SNLR in Orillia was 545.9% recorded in December and the lowest was in May at 38.5%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 35 properties that were successfully sold in Orillia in the last 30 days (January 21 - February 19) was 55 days, which is 11 days more than 44 days average in the previous 30 day period (December 22 - January 20) and 12 days longer than during the same period a year ago (43 days).

There were 34 delisted properties in Orillia, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 69 days on the market. This is 30 days shorter than the average of 99 days during the previous 30 day period (December 22 - January 20) and 28 days less compared to the same period last year average of 97 days on the market.

34 Orillia properties that didn't sell stayed on the market 25.5% longer than 35 that sucessfully sold over the last 30 days - 55 days when sold vs 69 days when delisted respectively.

Average Days on the Market in Orillia over the past 12 months for properties that have sold was 41.8 days, with 67.4 days for those properties that did not sell.

62 new properties were listed on the market in Orillia in the last 30 days (January 21 - February 19). During the same time 35 properties were sold and 34 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 11.3%).

During the previous 30 day period (December 22 - January 20) there were 41 new properties listed, 24 sold and 50 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 120 new properties listed, the slowest - December with 37 new listings and a yearly average of 81 new listings per month.

There were a total of 41 homes listed during the last 30 days (January 21 - February 19), which is 66.1% of all properties listed in Orillia. This is a 57.7% increase compared with a previous 30 day period (December 22 - January 20) and 2.5% up from the same period a year ago. Over the past year an average of 58 homes are were listed per month.

7 condo units were listed in the last 30 days (January 21 - February 19) in Orillia, which represents 11.3% of all new listings. This is up 16.7% from the prior 30 day period (December 22 - January 20) and 0.0% less compared to the same period last year. There were 9 condos listed per month on average during the last 12 months.

14 townhomes were listed over the last 30 days (January 21 - February 19) in Orillia, which is 22.6% of all new real estate inventory. This is a 55.6% more than during the previous 30 day period (December 22 - January 20) and 75.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.

There were a total of 30 homes sold during the last 30 days (January 21 - February 19), which is 85.7% of all properties sold in Orillia. This is a 57.9% increase compared with a previous 30 day period (December 22 - January 20) and 3.4% up from the same period a year ago. Over the past year an average of 44 homes are were sold per month.

2 condo units were sold in the last 30 days (January 21 - February 19) in Orillia, which represents 5.7% of all sold properties. This is up 100.0% from the prior 30 day period (December 22 - January 20) and 100.0% more compared to the same period last year. There were 6 condos sold per month on average during the last 12 months.

3 townhomes were sold over the last 30 days (January 21 - February 19) in Orillia, which is 8.6% of all sold real estate. This is a 25.0% less than during the previous 30 day period (December 22 - January 20) and 25.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 10 a month.