Wasaga Beach Real Estate Statistics

Wasaga Beach Real Estate Price Trend
Wasaga Beach real estate average sold price in the last 30 days (March 10 - April 8) was $771,795, which is $70,351 (9.1%) higher than the average price of $701,444 in the previous 30 day period (February 9 - March 9), and $67,328 (8.7%) up from the same period 1 year ago ($704,467). Wasaga Beach real estate prices over the last 30 days are also $77,209 (10.0%) higher than the average selling price of $694,586 over the past year.
Wasaga Beach average sold price for homes was $822,884 in the last 30 days (March 10 - April 8), which is $89,841 (10.9%) up from the average home price of $733,043 in the previous 30 day period (February 9 - March 9), and $95,684 (11.6%) higher than the same period 1 year ago ($727,200). In the last 30 days Wasaga Beach the average home price was $84,846 (10.3%) higher than the average selling price of $738,038 over the last 12 months.
Average sold price of Wasaga Beach townhouse was $624,202 in the last 30 days (March 10 - April 8), up $9,402 (1.5%) from the average townhome price of $614,800 over the previous 30 days (February 9 - March 9), and $14,452 (2.3%) higher than during to the same period 1 year ago ($609,750). Over the last 30 days the average townhouse price in Wasaga Beach was $45,958 (7.4%) higher compared to the average selling price of $578,244 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Wasaga Beach real estate was $771,795 in the last 30 days (March 10 - April 8), which is collectively $15,091 (1.7%) lower than the average asking price of $885,543. This represents an increase of $691 (4.4%) compared to $15,782 (2.0%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).
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 43.2% with 35 properties sold and 66 new properties listed in the past 30 days (March 10 - April 8). This represents a decrease from 43.9% recorded during the previous 30 day period (February 9 - March 9), and an increase from 41.9% 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 March at 28.4%. 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 Wasaga Beach in the last 30 days (March 10 - April 8) was 35 days, which is 2 days less than 37 days average in the previous 30 day period (February 9 - March 9) and 3 days longer than during the same period a year ago (32 days).
There were 55 delisted properties in Wasaga Beach, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 85 days on the market. This is 13 days shorter than the average of 98 days during the previous 30 day period (February 9 - March 9) and 12 days more compared to the same period last year average of 73 days on the market.
55 Wasaga Beach properties that didn't sell stayed on the market 142.9% longer than 35 that sucessfully sold over the last 30 days - 35 days when sold vs 85 days when delisted respectively.
Average Days on the Market in Wasaga Beach over the past 12 months for properties that have sold was 41.2 days, with 69.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
81 new properties were listed on the market in Wasaga Beach in the last 30 days (March 10 - April 8). During the same time 35 properties were sold and 55 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 9 properties (or 11.1%).
During the previous 30 day period (February 9 - March 9) there were 66 new properties listed, 29 sold and 40 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 79 new listings per month.
New Real Estate Listings by Property Type
There were a total of 58 homes listed during the last 30 days (March 10 - April 8), which is 71.6% of all properties listed in Wasaga Beach. This is a 16.0% increase compared with a previous 30 day period (February 9 - March 9) and 16.0% up from the same period a year ago. Over the past year an average of 60 homes are were listed per month.
1 condo units were listed in the last 30 days (March 10 - April 8) in Wasaga Beach, which represents 1.2% of all new listings. This is down 66.7% from the prior 30 day period (February 9 - March 9) and 85.7% 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 (March 10 - April 8) in Wasaga Beach, which is 27.2% of all new real estate inventory. This is a 69.2% more than during the previous 30 day period (February 9 - March 9) and 29.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 15 a month.
Real Estate Sales by Property Type
There were a total of 26 homes sold during the last 30 days (March 10 - April 8), which is 74.3% of all properties sold in Wasaga Beach. This is a 13.0% increase compared with a previous 30 day period (February 9 - March 9) and 4.0% up from the same period a year ago. Over the past year an average of 96 homes are were sold per month.
9 townhomes were sold over the last 30 days (March 10 - April 8) in Wasaga Beach, which is 25.7% of all sold real estate. This is a 80.0% more than during the previous 30 day period (February 9 - March 9) and 50.0% increase 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
1276982032