Georgetown

established 1837

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DISCOVER

Georgetown

Georgetown is a community in the town of Halton Hills and is part of the Regional Municipality of Halton. It takes its name from George Kennedy, who settled in the area in 1821.

Georgetown is situated on the Credit River, located approximately 45 km west of Toronto, making it part of the Greater Toronto Area. The Bruce Trail, Ontario’s longest and most popular footpath, passes through Halton Hills, running north of Georgetown.

With a population of only 65,782 (including Acton), Georgetown provides all the advantages of a well-serviced urban centre, while also maintaining its small-town ambiance.

Georgetown was ranked tenth on MoneySense.ca’s Canada’s Best Places to Live 2018.

Click here to learn more about selling a house in Georgetown.

april 2019
April 2019

Market stats

City Average Sale Price Active Listings New Listings Sales Sales to New Listings Ratio Months of Inventory
Toronto $1,355,764 2,126 2,050 982 48% 2.16
Mississauga $1,115,033 715 662 317 48% 2.26
Georgetown $884,780 156 135 65 48% 2.40
Milton $858,954 183 197 123 62% 1.49
Oakville $1,332,573 642 477 181 38% 3.55
Burlington $960,274 340 285 157 55% 2.17
evaluation
evaluation

market conditions

seller’s market

0-4 months of inventory

  • all current listings can expect to be sold within 4 months

sales-to-listings ratio is 55% or more

  • more buyers than properties for sale

balanced market

5-8 months of inventory

  • all current listings can expect to be sold within 5 to 8 months

sales-to-listing ratio is between 34% and 54%

  • about the same number of properties for sale as there are buyers

buyer’s market

9 or more months of inventory

  • it would take 9 months or longer for all current listings to be sold

sales-to-listing ratio is 35% or less

  • more properties for sale than there are buyers
summary
summary

Market update

Georgetown* experienced a 12.07% year-over-year increase in home sales in April 2019. New listings were also up year-over-year by 6.3%. The annual growth rate for new listings is not keeping pace with sales. This points to the ongoing housing supply issue in the GTA and suggests that market conditions continued to tighten which points toward an acceleration in price growth. Average sale price was up 5.41% year over year in April.

*inclusive of all areas in Halton Hills

april 2019
April 2019

Year-Over-Year Summary

2019 2018 % Change
Sales 65 58 12.07%
New Listings 135 127 6.30%
Active Listings 156 135 15.56%
Average Sale Price $884,780 $839,391 5.41%
listings
listings

Area listings


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