Georgina, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.9% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Georgina, Ontario is currently experiencing steady growth. The median house price is $525,000, showing a year-over-year increase of 4%. This indicates a healthy market with moderate appreciation, which is attractive to both homeowners and investors seeking capital gains. On the other hand, apartments are slightly more affordable, with a median price of $310,000, reflecting a more modest growth trend of 2.5% year-over-year. The balanced growth across different housing types suggests that Georgina’s market is accessible for a range of buyers.
Investment Opportunities and Potential
Given Georgina’s current market conditions, investment opportunities appear promising. The ongoing population growth rate of 3.3% signals increasing housing demand that could drive further price appreciation and rental demand. Investing in houses could yield higher capital gains due to the stronger price trend compared to apartments. However, apartments offer an entry point for investors with smaller budgets while still providing potential for income and appreciation. With a population of 15,500, Georgina maintains a small-town feel but with the amenities and growth potential of a burgeoning community.
Future Market Outlook
The future real estate market outlook for Georgina remains optimistic. The steady population increase suggests that demand for housing will continue to rise, likely resulting in continued property value appreciation. Moreover, as Greater Toronto Area prices push buyers outward, towns like Georgina become attractive alternatives for those seeking more affordable options without sacrificing quality of life or access to services. As such, the market is expected to maintain its growth trajectory, making it a worthwhile consideration for long-term investment.
