Georgetown

established 1837

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About 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.

georgetown
georgetown

September 2020 Summary

The Toronto Regional Real Estate Board reported the following for the GTA for the month of September 2020:

  • The AVERAGE SALE PRICE in September 2020 was up by 14% year over year
  • The NUMBER of SALES was up by 42.3% compared to September 2019

Three take-aways:

  1. Year-over-year sales growth in September continued to be driven by ground-oriented market segments, including detached and semi-detached houses and townhouses.
  2. The relatively better supplied condominium apartment segment experienced a comparatively slower pace of price growth.
  3. Annual growth rates were also higher for sales reported in the GTA regions surrounding the City of Toronto.

To help decipher the data in the adjacent table (including data for detached only), when the Sales to New Listings Ratio (SNLR) is:

  • 55% or more = SELLER’S MARKET = more buyers than properties for sale
  • Between 36% and 54% = BALANCED MARKET = about the same number of properties for sale as there are buyers
  • 35% or less = BUYER’S MARKET = more properties for sale than there are buyers
market update
market update

Year-Over-Year Summary

2020 2019 % Change
Sales 88 47 87.2%
New Listings 114 140 -18.6%
Active Listings 76 178 -57.3%
Average Sale Price $1,053,469 $972,053 8.4%
SNLR 77.2% 33.6% 43.6%
listings
listings

Area listings


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