Georgian Bluffs Real Estate Statistics

Georgian Bluffs real estate average sold price in the last 30 days (November 21 - December 20) was $409,381, which is $301,446 (73.6%) lower than the average price of $710,827 in the previous 30 day period (October 22 - November 20), and $128,119 (31.3%) down from the same period 1 year ago ($537,500). Georgian Bluffs real estate prices over the last 30 days are also $306,704 (74.9%) lower than the average selling price of $716,085 over the past year.

Georgian Bluffs average sold price for homes was $409,512 in the last 30 days (November 21 - December 20), which is $301,315 (73.6%) down from the average home price of $710,827 in the previous 30 day period (October 22 - November 20), and $127,988 (31.3%) lower than the same period 1 year ago ($537,500). In the last 30 days Georgian Bluffs the average home price was $277,936 (67.9%) lower than the average selling price of $687,448 over the last 12 months.

Average selling price for Georgian Bluffs real estate was $409,381 in the last 30 days (November 21 - December 20), which is collectively $11,683 (1.3%) lower than the average asking price of $919,044. This represents an increase of $49,123 (80.8%) compared to $60,806 (5.7%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).

The maximum Sold Over/Under Asking ratio in Georgian Bluffs during the last 12 months was recorded in February, 2024 with an average of $25,300 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 1,369.0% with 1,369 properties sold and 6 new properties listed in the past 30 days (November 21 - December 20). This represents an increase from 50.0% recorded during the previous 30 day period (October 22 - November 20), and an increase from 200.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Georgian Bluffs was 250.0% recorded in January 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 1,369 properties that were successfully sold in Georgian Bluffs in the last 30 days (November 21 - December 20) was 73 days, which is 8 days less than 81 days average in the previous 30 day period (October 22 - November 20) and 14 days shorter than during the same period a year ago (87 days).

There were 1,144 delisted properties in Georgian Bluffs, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 113 days on the market. This is 32 days shorter than the average of 145 days during the previous 30 day period (October 22 - November 20) and 11 days less compared to the same period last year average of 124 days on the market.

1,144 Georgian Bluffs properties that didn't sell stayed on the market 54.8% longer than 1,369 that sucessfully sold over the last 30 days - 73 days when sold vs 113 days when delisted respectively.

Average Days on the Market in Georgian Bluffs over the past 12 months for properties that have sold was 66.5 days, with 109.7 days for those properties that did not sell.

100 new properties were listed on the market in Georgian Bluffs in the last 30 days (November 21 - December 20). During the same time 1,369 properties were sold and 1,144 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2413 properties (or 2,413.0%).

During the previous 30 day period (October 22 - November 20) there were 6 new properties listed, 3 sold and 10 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 - January with 2 new listings and a yearly average of 12 new listings per month.

There were a total of 87 homes listed during the last 30 days (November 21 - December 20), which is 87.0% of all properties listed in Georgian Bluffs. This is a 1,350.0% increase compared with a previous 30 day period (October 22 - November 20) and 8,600.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

There were a total of 1,358 homes sold during the last 30 days (November 21 - December 20), which is 99.2% of all properties sold in Georgian Bluffs. This is a 45,166.7% increase compared with a previous 30 day period (October 22 - November 20) and 67,800.0% up from the same period a year ago. Over the past year an average of 3 homes are were sold per month.