Market Update: Monday, June 9 – June 16
Orillia & Surrounding Areas (Ramara, Oro-Medonte, Severn)

➡️ 126 new freehold listings this week (vs 115 last week)

➡️ 39 in Orillia (vs 30 last week) - 176 total active listings in Orillia

➡️ 300 active freehold listings across all above areas

➡️29 total sales across all above areas

➡️9 sold in Orillia vs 11 last week

➡️40 Price reductions vs 27 last week 😲

🔍 What’s really happening out there?

➡️ Listings are piling up. More homes are hitting the market than are selling — and fast. That means buyers have options… and sellers have competition.

➡️ Steady sales, but picky buyers. The market’s not dead, but it’s definitely selective. Homes that check the boxes and are priced with purpose? Those are moving.

➡️ Price drops are back in a big way. We’re seeing sellers course-correct after missing the mark — 40 price reductions this week says a lot.

➡️ The “list high and see what happens” approach? That’s a gamble. Today’s buyers are informed, cautious, and quick to pass on overpriced listings.

➡️ Strategy is everything. In this market, it’s not about listing — it’s about launching. Right price. Right prep. Right exposure.

Whether you're buying, selling, or just watching 👀
Have questions? We have answers!

Call us:
☎️ Rochelle 647-990-7624
☎️ Mike 705-619-2290