04/06/2026
At this time, RE/MAX By The Bay Brokerage is pleased to share Real Estate Market Reports for the month of March 2026. Information is provided for the following areas: Wasaga Beach, Collingwood, Clearview, Blue Mountains, Meaford, Tiny Township, Penetanguishene, Midland, and Georgian Bay Township.
The provided reports are based on the available information as reported to the PropTx MLS System (using Matrix) in Ontario. Percentage differences, in particular in the smaller markets, can be skewed due to so few unit sales in the reported period, and market trends that are concluded in the larger markets, such as Collingwood and Wasaga Beach, help confirm a more accurate synopsis of the greater Southern Georgian Bay area as a whole.
General Observations:
In March 2026, there were a total of 144 residential and condominium unit sales (excluding vacant land) reported in Southern Georgian Bay (Wasaga Beach, Collingwood, Clearview, Blue Mountains, Meaford, Tiny Township, Penetanguishene, Midland, and Georgian Bay Township). The number of sold units increased by +10% from the previous year (131 Unit Sales in March 2025). And by the same comparison, the total number of residential and condominium units sold "year-to-date" increased slightly by +1.5% (391 unit sales in 2025 versus 397 unit sales in 2026).
Year to date, there is only a difference of six (6) unit sales combined at the end of the first quarter, based on the nine (9) different municipalities included in this review.
When reviewing the larger municipalities in more detail in Southern Georgian Bay, the year-to-date number of residential and condominium unit sales is up +5% in Wasaga Beach, +17% Collingwood, +10% in Blue Mountains, +8% in Tiny Township, + 11% in Midland, and +80% in Georgian Bay Township. And the number of reported unit sales is down by -39% in Meaford, -39% in Clearview, and -23% in Penetanguishene, respectively.
Real Estate Values:
Based on the 12-month average sales price of a residential unit (excluding vacant land) reported to the multiple listing service (MLS), included herewith is a summary of value fluctuations in Southern Georgian Bay in 2026 year-to-date (Q1).
Wasaga Beach
$678,444 in January 2026
Down by -0.7% to $674,012 in February 2026
Up by +1.3% to $682,936 in March 2026
Average price fluctuation value during this past winter = +$4,492 over 3 months (primarily credited to an activity increase in March).
Collingwood
$884,723 in January 2026
Up by +1% to $893,587 in February 2026
Down by -1.2% to $882,966 in March 2026
Average price fluctuation value during this past winter = -$1,757 over 3 months.
Blue Mountains
$1,446,013 in January 2026
Up by +1.3% to $1,465,286 in February 2026
Down by -0.8% to $1,454,049 in March 2026
Average price fluctuation value during this past winter = +$8,036 over 3 months.
Meaford
$920,861 in January 2026
Up by +0.6% to $926,692 in February 2026
Down by -2.9% to $900,137 in March 2026
Average price fluctuation value during this past winter = -$20,724 over 3 months.
Clearview Township
$971,214 in January 2026
Down by -0.8% to $963,479 in February 2026
Up by +0.8% to $971,258 in March 2026
Average price fluctuation value during this past winter = +$44 over 3 months.
Tiny Township
$881,529 in January 2026
Down by -1% to $873,174 in February 2026
Down by -0.9% to $865,718 in March 2026
Average price fluctuation value during this past winter = -$15,811 over 3 months.
Penetanguishene
$628,477 in January 2026
Down by -1.2% to $620,731 in February 2026
Up by +0.004% to $620,964 in March 2026
Average price fluctuation value during this past winter = -$7,513 over 3 months.
Midland
$572,704 in January 2026
Down by -0.4% to $570,454 in February 2026
Down by -0.5% to $567,548 in March 2026
Average price fluctuation value during this past winter = -$5,156 over 3 months.
Georgian Bay Township
$859,923 in January 2026
Down by -1.7% to $844,974 in February 2026
Down by -0.1% to $843,929 in March 2026
Average price fluctuation value during this past winter = -$15,994 over 3 months.
Total value adjustment combined in Southern Georgian Bay (Wasaga Beach, Collingwood, Clearview, Blue Mountains, Meaford, Tiny Township, Penetanguishene, Midland, and Georgian Bay Township) is -$6,043 on average over the past 3 months.
However, it is important to mention that this is a reflection of "what" has sold, and if there is one thing that 2025 confirmed, it is that affordability in the attractive price ranges has been in demand. This naturally has its effects on the average price recorded from month to month and year to year.
Note: The 12-month average sales price removes a month from a year ago and adds the most recent month into the equation. Sales completed between April 1, 2025, and March 31, 2026, are included for the 12-month average sales price in March 2026. Movement over a longer period of time helps confirm the general direction of the market without the volatility of month-to-month inconsistencies. However, once there is more data in the 2026 year-to-date statistics, usually by the end of the first quarter, we will then review a comparison of year-to-date prices starting in April 2026 to the same year-to-date period in 2025.
How's the Market?
With increased standing inventory, the market remains a great time for buyers to make a purchase. This, along with reasonable interest rates, few competing offers, and the purchaser's ability to negotiate a fair price, terms, and conditions.
For sellers, although prices have been holding, it continues to be a challenging time for the 85% to 96% of homes that do not sell each month, and it requires added time and patience to connect with the right buyer in this market. Statistically, there is unfortunately not a buyer for every property listed for sale at the moment, particularly in above-average price ranges. This can mean fewer showings or added time between showings until the supply and demand find more balance to improve the absorption rate.
Summary:
The larger municipalities in Southern Georgian Bay have all concluded an increase in the number of reported unit sales year-to-date (2025 vs 2026). However, the majority of smaller rural municipalities concluded a decrease in the number of reported unit sales year-to-date (2025 vs 2026).
The 12-month average sales price has decreased in the majority of municipalities since the start of 2026; however, there are a couple of exceptions, including Wasaga Beach after a productive March (+1.32% over February).
Important Notes:
Duplicate reporting found in the PropTx merger has been manually deleted.
Information includes TRREB & One Point Association of REALTORS® (+ all additional PropTx MLS contributing real estate boards in Ontario)
Vacant Land was excluded from the Freehold results.
Freehold currently includes "land lease" unit sales, which are to be considered when reviewing the average price.
Please take a look at the attached reports and contact a REMAX By The Bay Brokerage REALTOR® if you have any questions.
REMAX By The Bay Brokerage
Phone: 705-429-4500
Website: www.remaxbythebay.ca
