Orillia Real Estate Statistics

Orillia Real Estate Price Trend
Orillia real estate average sold price in the last 30 days (July 10 - August 8) was $595,167, which is $75,551 (12.7 %) lower than the average price of $670,718 in the previous 30 day period (June 10 - July 9), and $41,691 (7.0 %) down from the same period 1 year ago ($636,858). Orillia real estate prices over the last 30 days are also $128,601 (21.6 %) lower than the average selling price of $723,768 over the past year.
Orillia average sold price for homes was $598,518 in the last 30 days (July 10 - August 8), which is $80,074 (13.4 %) down from the average home price of $678,592 in the previous 30 day period (June 10 - July 9), and $85,323 (14.3 %) lower than the same period 1 year ago ($683,841). In the last 30 days Orillia the average home price was $142,316 (23.8 %) lower than the average selling price of $740,834 over the last 12 months.
Average Orillia condo sold price over the last 30 days (July 10 - August 8) was $544,100. During this period it was $105,975 (19.5 %) down from the average price of condo of $650,075 during the previous 30 days (June 10 - July 9), and $221,600 (40.7 %) higher compared to the same period 1 year ago ($322,500). In the last 30 days Orillia the average condo price was $101,054 (18.6 %) lower than the average selling price of $645,154 over the last year.
Average sold price of Orillia townhouse was $601,000 in the last 30 days (July 10 - August 8), down $51,142 (8.5 %) from the average townhome price of $652,142 over the previous 30 days (June 10 - July 9), and $66,556 (11.1 %) higher than during to the same period 1 year ago ($534,444). Over the last 30 days the average townhouse price in Orillia was $55,327 (9.2 %) lower compared to the average selling price of $656,327 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Orillia real estate was $595,167 in the last 30 days (July 10 - August 8), which is collectively $18,238 (2.4 %) lower than the average asking price of $752,501. This represents a decline of $5,060 (38.4 %) compared to $13,178 (1.7 %) Sold-Under-Asking price from the previous 30 day period (June 10 - July 9).
The maximum Sold Over/Under Asking ratio in Orillia during the last 12 months was recorded in February, 2022 with an average of $98,849 over the asking price, while the minimum occurring in July, 2022 with $19,026 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 46.3 % with 31 properties sold and 86 new properties listed in the past 30 days (July 10 - August 8). This represents an increase from 44.2 % recorded during the previous 30 day period (June 10 - July 9), and a decrease from 77.2 % compared to the same period one year ago.
Over the the last year the highest SNLR in Orillia was 172.7 % recorded in August and the lowest was in May at 30.3 %. 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 31 properties that were successfully sold in Orillia in the last 30 days (July 10 - August 8) was 21 days, which is 0 days more than 21 days average in the previous 30 day period (June 10 - July 9) and 14 days longer than during the same period a year ago (7 days).
There were 59 delisted properties in Orillia, those that got either Expired, Suspended or Terminated over the last 30 days (July 10 - August 8) with an average of 47 days on the market. This is 4 days longer than the average of 43 days during the previous 30 day period (June 10 - July 9) and 5 days less compared to the same period last year average of 52 days on the market.
59 Orillia properties that didn't sell stayed on the market 123.8 % longer than 31 that sucessfully sold over the last 30 days - 21 days when sold vs 47 days when delisted respectively.
Average Days on the Market in Orillia over the past 12 months for properties that have sold was 16.7 days, with 43.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
67 new properties were listed on the market in Orillia in the last 30 days (July 10 - August 8). During the same time 31 properties were sold and 59 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 23 properties (or 34.3 %).
During the previous 30 day period (June 10 - July 9) there were 86 new properties listed, 38 sold and 63 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 99 new properties listed, the slowest - December with 24 new listings and a yearly average of 57 new listings per month.
New Real Estate Listings by Property Type
There were a total of 53 homes listed during the last 30 days (July 10 - August 8), which is 79.1 % of all properties listed in Orillia. This is a 14.5 % decline compared with a previous 30 day period (June 10 - July 9) and 32.5 % up from the same period a year ago. Over the past year an average of 44 homes are were listed per month.
7 condo units were listed in the last 30 days (July 10 - August 8) in Orillia, which represents 10.4 % of all new listings. This is down 22.2 % from the prior 30 day period (June 10 - July 9) and 36.4 % less compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.
7 townhomes were listed over the last 30 days (July 10 - August 8) in Orillia, which is 10.4 % of all new real estate inventory. This is a 53.3 % less than during the previous 30 day period (June 10 - July 9) and 16.7 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 8 a month.
Real Estate Sales by Property Type
There were a total of 27 homes sold during the last 30 days (July 10 - August 8), which is 87.1 % of all properties sold in Orillia. This is a 0.0 % decline compared with a previous 30 day period (June 10 - July 9) and 18.2 % down from the same period a year ago. Over the past year an average of 34 homes are were sold per month.
2 condo units were sold in the last 30 days (July 10 - August 8) in Orillia, which represents 6.5 % of all sold properties. This is down 50.0 % from the prior 30 day period (June 10 - July 9) and 0.0 % less compared to the same period last year. There were 3 condos sold per month on average during the last 12 months.
2 townhomes were sold over the last 30 days (July 10 - August 8) in Orillia, which is 6.5 % of all sold real estate. This is a 71.4 % less than during the previous 30 day period (June 10 - July 9) and 77.8 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 6 a month.
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