Orillia Real Estate Statistics

Orillia Real Estate Price Trend
Orillia real estate average sold price in the last 30 days (February 28 - March 28) was $690,885, which is $96,735 (14.0%) higher than the average price of $594,150 in the previous 30 day period (January 29 - February 27), and $8,598 (1.2%) up from the same period 1 year ago ($682,287). Orillia real estate prices over the last 30 days are also $54,726 (7.9%) higher than the average selling price of $636,159 over the past year.
Orillia average sold price for homes was $699,615 in the last 30 days (February 28 - March 28), which is $84,800 (12.1%) up from the average home price of $614,815 in the previous 30 day period (January 29 - February 27), and $11,117 (1.6%) lower than the same period 1 year ago ($710,732). In the last 30 days Orillia the average home price was $50,384 (7.2%) higher than the average selling price of $649,231 over the last 12 months.
Average Orillia condo sold price over the last 30 days (February 28 - March 28) was $719,250. During this period it was $404,250 (56.2%) up from the average price of condo of $315,000 during the previous 30 days (January 29 - February 27), and $230,250 (32.0%) higher compared to the same period 1 year ago ($489,000). In the last 30 days Orillia the average condo price was $310,555 (43.2%) higher than the average selling price of $408,695 over the last year.
Average sold price of Orillia townhouse was $622,800 in the last 30 days (February 28 - March 28), up $162,800 (26.1%) from the average townhome price of $460,000 over the previous 30 days (January 29 - February 27), and $48,800 (7.8%) higher than during to the same period 1 year ago ($574,000). Over the last 30 days the average townhouse price in Orillia was $24,464 (3.9%) higher compared to the average selling price of $598,336 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Orillia real estate was $690,885 in the last 30 days (February 28 - March 28), which is collectively $10,158 (1.3%) lower than the average asking price of $776,429. This represents an increase of $12,137 (54.4%) compared to $22,295 (3.1%) Sold-Under-Asking price from the previous 30 day period (January 29 - February 27).
The maximum Sold Over/Under Asking ratio in Orillia during the last 12 months was recorded in August, 2023 with an average of $3,921 under the asking price, while the minimum occurring in September, 2023 with $24,729 below the asking price.
Sales to New Listings Ratio
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 48.6% with 35 properties sold and 54 new properties listed in the past 30 days (February 28 - March 28). This represents an increase from 40.7% recorded during the previous 30 day period (January 29 - February 27), and a decrease from 57.9% compared to the same period one year ago.
Over the the last year the highest SNLR in Orillia was 2,828.9% recorded in July and the lowest was in December at 36.7%. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 35 properties that were successfully sold in Orillia in the last 30 days (February 28 - March 28) was 43 days, which is 22 days more than 21 days average in the previous 30 day period (January 29 - February 27) and 24 days longer than during the same period a year ago (19 days).
There were 29 delisted properties in Orillia, those that got either Expired, Suspended or Terminated over the last 30 days (February 28 - March 28) with an average of 96 days on the market. This is 23 days longer than the average of 73 days during the previous 30 day period (January 29 - February 27) and 37 days more compared to the same period last year average of 59 days on the market.
29 Orillia properties that didn't sell stayed on the market 123.3% longer than 35 that sucessfully sold over the last 30 days - 43 days when sold vs 96 days when delisted respectively.
Average Days on the Market in Orillia over the past 12 months for properties that have sold was 27.8 days, with 59.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
72 new properties were listed on the market in Orillia in the last 30 days (February 28 - March 28). During the same time 35 properties were sold and 29 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 8 properties (or 11.1%).
During the previous 30 day period (January 29 - February 27) there were 54 new properties listed, 22 sold and 22 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 93 new properties listed, the slowest - December with 30 new listings and a yearly average of 65 new listings per month.
New Real Estate Listings by Property Type
There were a total of 49 homes listed during the last 30 days (February 28 - March 28), which is 68.1% of all properties listed in Orillia. This is a 36.1% increase compared with a previous 30 day period (January 29 - February 27) and 14.0% up from the same period a year ago. Over the past year an average of 48 homes are were listed per month.
6 condo units were listed in the last 30 days (February 28 - March 28) in Orillia, which represents 8.3% of all new listings. This is up 20.0% from the prior 30 day period (January 29 - February 27) and 25.0% less compared to the same period last year. There were 7 condos listed per month on average during the last 12 months.
17 townhomes were listed over the last 30 days (February 28 - March 28) in Orillia, which is 23.6% of all new real estate inventory. This is a 30.8% more than during the previous 30 day period (January 29 - February 27) and 183.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 10 a month.
Real Estate Sales by Property Type
There were a total of 26 homes sold during the last 30 days (February 28 - March 28), which is 74.3% of all properties sold in Orillia. This is a 30.0% increase compared with a previous 30 day period (January 29 - February 27) and 7.1% down from the same period a year ago. Over the past year an average of 212 homes are were sold per month.
4 condo units were sold in the last 30 days (February 28 - March 28) in Orillia, which represents 11.4% of all sold properties. This is up 300.0% from the prior 30 day period (January 29 - February 27) and 33.3% more compared to the same period last year. There were 8 condos sold per month on average during the last 12 months.
5 townhomes were sold over the last 30 days (February 28 - March 28) in Orillia, which is 14.3% of all sold real estate. This is a 400.0% more than during the previous 30 day period (January 29 - February 27) and 150.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 52 a month.
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