Wasaga Beach Real Estate Statistics

Wasaga Beach Real Estate Price Trend
Wasaga Beach real estate average sold price in the last 30 days (February 27 - March 27) was $760,178, which is $105,269 (13.8%) higher than the average price of $654,909 in the previous 30 day period (January 28 - February 26), and $48,638 (6.4%) up from the same period 1 year ago ($711,540). Wasaga Beach real estate prices over the last 30 days are also $72,076 (9.5%) higher than the average selling price of $688,102 over the past year.
Wasaga Beach average sold price for homes was $795,681 in the last 30 days (February 27 - March 27), which is $104,704 (13.2%) up from the average home price of $690,977 in the previous 30 day period (January 28 - February 26), and $52,923 (6.7%) higher than the same period 1 year ago ($742,758). In the last 30 days Wasaga Beach the average home price was $64,339 (8.1%) higher than the average selling price of $731,342 over the last 12 months.
Average sold price of Wasaga Beach townhouse was $630,000 in the last 30 days (February 27 - March 27), up $42,858 (6.8%) from the average townhome price of $587,142 over the previous 30 days (January 28 - February 26), and $39,426 (6.3%) higher than during to the same period 1 year ago ($590,574). Over the last 30 days the average townhouse price in Wasaga Beach was $54,625 (8.7%) higher compared to the average selling price of $575,375 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Wasaga Beach real estate was $760,178 in the last 30 days (February 27 - March 27), which is collectively $15,796 (1.9%) lower than the average asking price of $839,123. This represents an increase of $221 (1.4%) compared to $16,017 (2.0%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Wasaga Beach during the last 12 months was recorded in July, 2023 with an average of $7,742 under the asking price, while the minimum occurring in January, 2024 with $33,044 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 Wasaga Beach was 32.9% with 28 properties sold and 50 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 56.0% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 57.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Wasaga Beach was 1,077.8% recorded in July and the lowest was in January at 31.0%. 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 28 properties that were successfully sold in Wasaga Beach in the last 30 days (February 27 - March 27) was 30 days, which is 22 days less than 52 days average in the previous 30 day period (January 28 - February 26) and 0 days longer than during the same period a year ago (30 days).
There were 41 delisted properties in Wasaga Beach, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 93 days on the market. This is 5 days longer than the average of 88 days during the previous 30 day period (January 28 - February 26) and 24 days more compared to the same period last year average of 69 days on the market.
41 Wasaga Beach properties that didn't sell stayed on the market 210.0% longer than 28 that sucessfully sold over the last 30 days - 30 days when sold vs 93 days when delisted respectively.
Average Days on the Market in Wasaga Beach over the past 12 months for properties that have sold was 40.8 days, with 69.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
85 new properties were listed on the market in Wasaga Beach in the last 30 days (February 27 - March 27). During the same time 28 properties were sold and 41 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 16 properties (or 18.8%).
During the previous 30 day period (January 28 - February 26) there were 50 new properties listed, 28 sold and 45 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 106 new properties listed, the slowest - December with 32 new listings and a yearly average of 78 new listings per month.
New Real Estate Listings by Property Type
There were a total of 61 homes listed during the last 30 days (February 27 - March 27), which is 71.8% of all properties listed in Wasaga Beach. This is a 60.5% increase compared with a previous 30 day period (January 28 - February 26) and 24.5% up from the same period a year ago. Over the past year an average of 60 homes are were listed per month.
2 condo units were listed in the last 30 days (February 27 - March 27) in Wasaga Beach, which represents 2.4% of all new listings. This is down 33.3% from the prior 30 day period (January 28 - February 26) and 50.0% less compared to the same period last year. There were 4 condos listed per month on average during the last 12 months.
22 townhomes were listed over the last 30 days (February 27 - March 27) in Wasaga Beach, which is 25.9% of all new real estate inventory. This is a 144.4% more than during the previous 30 day period (January 28 - February 26) and 46.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 14 a month.
Real Estate Sales by Property Type
There were a total of 22 homes sold during the last 30 days (February 27 - March 27), which is 78.6% of all properties sold in Wasaga Beach. This is a 10.0% increase compared with a previous 30 day period (January 28 - February 26) and 29.0% down from the same period a year ago. Over the past year an average of 96 homes are were sold per month.
6 townhomes were sold over the last 30 days (February 27 - March 27) in Wasaga Beach, which is 21.4% of all sold real estate. This is a 14.3% less than during the previous 30 day period (January 28 - February 26) and 25.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 25 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1271825579