Georgina Real Estate Market 2026

Georgina Real Estate Market Update – January 2026 (Sales)

Market direction: Deep buyer’s market and ongoing price compression.

Georgina’s freehold market continued to weaken in January 2026. Average sale prices fell to $761,076, down 14.5% year-over-year from $890,654 in January 2025. Median prices also declined 4.4% year-over-year, falling from $800,500 to $765,000. Month-over-month, average prices dropped 6.4%, confirming that pricing pressure is continuing into early 2026.

Sales activity deteriorated sharply. Only 21 homes sold in January 2026, down from 28 in December and 52 in January last year. This represents a nearly 60% year-over-year drop in transactions, reflecting how thin buyer demand has become. Active listings climbed to 250, pushing months of inventory to 11.9 months, which places Georgina firmly in strong buyer market conditions.

Seller leverage has collapsed. Only 14.3% of homes sold above asking, while 81.0% sold below list price. The average sale-to-list price ratio dropped to 95.9%, confirming that buyers are securing meaningful discounts and that sellers are having to adjust expectations downward to get deals done.

Time on market remains elevated. Average days on market held at 40 days, slightly improved month-over-month but still materially slower than last year. Median days on market fell to 23 days, but this improvement is being driven by only the best-priced homes selling, while the broader inventory continues to sit.

Bottom line: Georgina remains one of the softest markets in York Region. Pricing is still adjusting lower, transaction volume is weak, and inventory levels are extremely high. Buyer leverage is strong, and sellers are facing long timelines and significant price negotiation.

Georgina Real Estate Market Update – January 2026 (Rentals)

Market direction: Rental demand is stable, but tenant leverage is improving.

Georgina’s rental market remained active in January 2026, with 25 rental transactions, up 31.6% year-over-year from 19 leases last January. Average rent came in at $2,416, down 11.8% year-over-year from $2,740, while median rent fell sharply 22.8% year-over-year, from $2,980 to $2,300. Month-over-month, both average and median rents declined, indicating that pricing pressure is now showing up in the rental market as well.

New rental supply remained elevated at 50 new listings, keeping inventory at 80 active rental listings. Months of inventory sits at 3.2 months, which is not distressed but reflects a more balanced rental market than a year ago. Absorption remains decent, but tenants clearly have more options.

Pricing power for landlords has weakened. Only 4.0% of rentals leased above asking, down from 5.3% last year, while 20.0% leased below asking. The average sale-to-list price ratio sits at 99.6%, meaning landlords are increasingly having to meet the market rather than push pricing.

Time on market has improved slightly. Average days on market fell to 33 days, down from 39 last year, but this is being driven by competitively priced rentals, while higher-priced listings are taking longer to move.

Bottom line: Georgina’s rental market remains functional, but rent growth has rolled over. Supply is rising, and tenants have more leverage than they did a year ago. Landlords should expect more pricing sensitivity and slower lease-up for over-market rents.

Georgina by Property Type – January 2026 (Sales Breakdown)

Detached Homes

• 18 sales
  
  
• Average price: $832,672
  
  
• Median price: $800,000
  
  
• New listings: 107
  
  
• SNLR: 17%
  
  
• Average days on market: 40

Townhomes

• 1 sale
  
  
• Average price: $722,500
  
  
• Median price: $722,500
  
  
• New listings: 6
  
  
• SNLR: 17%
  
  
• Average days on market: 10

Key insight: Detached homes dominate Georgina’s market activity, but absorption is extremely weak across all product types. With SNLR sitting at or below 20% in most segments, supply is overwhelming demand. Price sensitivity is highest in entry-level and recreational-style properties, where buyers are most cautious.

Simple Takeaways for Buyers & Sellers (Georgina)

Buyers:
Inventory is extremely high, competition is low, and most homes are selling below asking. This is one of the most buyer-friendly conditions Georgina has seen in over a decade. Patience and disciplined pricing targets are being rewarded.

Sellers:
Overpricing is leading to long days on market and steep discounts. Pricing accurately from day one matters more than ever. The market is not forgiving optimistic pricing.

Investors:
Weak resale liquidity combined with falling rents means underwriting needs to be conservative. Exit risk is elevated, and cash flow assumptions should reflect slower leasing velocity and higher vacancy risk.

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Renters:

Rental pricing has softened materially year-over-year, and supply is up. Tenants have more choice and more negotiating power than they did last year. This is a better environment to negotiate rent, request incentives, or be selective on unit quality and location.