Georgian Bluffs Real Estate Statistics

Georgian Bluffs real estate average sold price in the last 30 days (January 21 - February 19) was $1,035,187, which is $340,187 (32.9%) higher than the average price of $695,000 in the previous 30 day period (December 22 - January 20), and $355,759 (34.4%) up from the same period 1 year ago ($679,428). Georgian Bluffs real estate prices over the last 30 days are also $374,249 (36.2%) higher than the average selling price of $660,938 over the past year.

Georgian Bluffs average sold price for homes was $1,035,187 in the last 30 days (January 21 - February 19), which is $260,187 (25.1%) up from the average home price of $775,000 in the previous 30 day period (December 22 - January 20), and $355,759 (34.4%) higher than the same period 1 year ago ($679,428). In the last 30 days Georgian Bluffs the average home price was $374,220 (36.1%) higher than the average selling price of $660,967 over the last 12 months.

Average selling price for Georgian Bluffs real estate was $1,035,187 in the last 30 days (January 21 - February 19), which is collectively $15,012 (1.5%) lower than the average asking price of $997,350. This represents an increase of $5,471 (26.7%) compared to $20,483 (2.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Georgian Bluffs during the last 12 months was recorded in June, 2024 with an average of $0 over the asking price, while the minimum occurring in May, 2024 with $69,900 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 Georgian Bluffs was 44.4% with 8 properties sold and 15 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 40.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 175.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Georgian Bluffs was 4,432.3% recorded in December and the lowest was in June at 0.0%. 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.

The Average Days on the Market (DOM) for 8 properties that were successfully sold in Georgian Bluffs in the last 30 days (January 21 - February 19) was 57 days, which is 41 days less than 98 days average in the previous 30 day period (December 22 - January 20) and 19 days longer than during the same period a year ago (38 days).

There were 11 delisted properties in Georgian Bluffs, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 99 days on the market. This is 13 days longer than the average of 86 days during the previous 30 day period (December 22 - January 20) and 29 days less compared to the same period last year average of 128 days on the market.

11 Georgian Bluffs properties that didn't sell stayed on the market 73.7% longer than 8 that sucessfully sold over the last 30 days - 57 days when sold vs 99 days when delisted respectively.

Average Days on the Market in Georgian Bluffs over the past 12 months for properties that have sold was 77.2 days, with 96.7 days for those properties that did not sell.

18 new properties were listed on the market in Georgian Bluffs in the last 30 days (January 21 - February 19). During the same time 8 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 5.6%).

During the previous 30 day period (December 22 - January 20) there were 15 new properties listed, 6 sold and 20 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 81 new properties listed, the slowest - August with 3 new listings and a yearly average of 16 new listings per month.

There were a total of 17 homes listed during the last 30 days (January 21 - February 19), which is 94.4% of all properties listed in Georgian Bluffs. This is a 30.8% increase compared with a previous 30 day period (December 22 - January 20) and 325.0% up from the same period a year ago. Over the past year an average of 15 homes are were listed per month.

There were a total of 8 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Georgian Bluffs. This is a 60.0% increase compared with a previous 30 day period (December 22 - January 20) and 14.3% up from the same period a year ago. Over the past year an average of 139 homes are were sold per month.