Orillia Real Estate Statistics

Orillia real estate average sold price in the last 30 days (December 19 - January 17) was $305,024, which is $164,607 (54.0%) lower than the average price of $469,631 in the previous 30 day period (November 19 - December 18), and $322,601 (105.8%) down from the same period 1 year ago ($627,625). Orillia real estate prices over the last 30 days are also $314,219 (103.0%) lower than the average selling price of $619,243 over the past year.

Orillia average sold price for homes was $316,752 in the last 30 days (December 19 - January 17), which is $171,869 (54.3%) down from the average home price of $488,621 in the previous 30 day period (November 19 - December 18), and $310,873 (98.1%) lower than the same period 1 year ago ($627,625). In the last 30 days Orillia the average home price was $324,665 (102.5%) lower than the average selling price of $641,417 over the last 12 months.

Average selling price for Orillia real estate was $305,024 in the last 30 days (December 19 - January 17), which is collectively $8,201 (1.1%) lower than the average asking price of $751,714. This represents an increase of $2,797 (25.4%) compared to $10,998 (1.6%) Sold-Under-Asking price from the previous 30 day period (November 19 - December 18).

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 365.9% with 150 properties sold and 89 new properties listed in the past 30 days (December 19 - January 17). This represents an increase from 92.1% recorded during the previous 30 day period (November 19 - December 18), and an increase from 35.3% 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 150 properties that were successfully sold in Orillia in the last 30 days (December 19 - January 17) was 56 days, which is 9 days more than 47 days average in the previous 30 day period (November 19 - December 18) and 11 days shorter than during the same period a year ago (67 days).

There were 90 delisted properties in Orillia, those that got either Expired, Suspended or Terminated over the last 30 days (December 19 - January 17) with an average of 99 days on the market. This is 4 days longer than the average of 95 days during the previous 30 day period (November 19 - December 18) and 40 days more compared to the same period last year average of 59 days on the market.

90 Orillia properties that didn't sell stayed on the market 76.8% longer than 150 that sucessfully sold over the last 30 days - 56 days when sold vs 99 days when delisted respectively.

Average Days on the Market in Orillia over the past 12 months for properties that have sold was 39.5 days, with 68.6 days for those properties that did not sell.

41 new properties were listed on the market in Orillia in the last 30 days (December 19 - January 17). During the same time 150 properties were sold and 90 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 199 properties (or 485.4%).

During the previous 30 day period (November 19 - December 18) there were 89 new properties listed, 82 sold and 103 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 79 new listings per month.

There were a total of 26 homes listed during the last 30 days (December 19 - January 17), which is 63.4% of all properties listed in Orillia. This is a 59.4% decline compared with a previous 30 day period (November 19 - December 18) and 4.0% up from the same period a year ago. Over the past year an average of 57 homes are were listed per month.

6 condo units were listed in the last 30 days (December 19 - January 17) in Orillia, which represents 14.6% of all new listings. This is down 14.3% from the prior 30 day period (November 19 - December 18) and 20.0% more compared to the same period last year. There were 9 condos listed per month on average during the last 12 months.

9 townhomes were listed over the last 30 days (December 19 - January 17) in Orillia, which is 22.0% of all new real estate inventory. This is a 50.0% less than during the previous 30 day period (November 19 - December 18) and 125.0% 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 119 homes sold during the last 30 days (December 19 - January 17), which is 79.3% of all properties sold in Orillia. This is a 80.3% increase compared with a previous 30 day period (November 19 - December 18) and 891.7% up from the same period a year ago. Over the past year an average of 42 homes are were sold per month.