The Georgian Bay real estate market showed a mix of seasonal cooling and community-specific momentum over the most recent reporting period. While activity remains more measured than earlier in the year, pricing trends and buyer behaviour continue to vary notably from town to town. Below is a closer look at how each local market performed, followed by a broader comparison across the region.
Midland
Midland recorded an average sale price of $522,853, with homes selling at 94.6% of list price. Compared to November’s average of $582,438, this represents a month-over-month decrease of $59,585, or approximately 10.2%. This decline reflects a seasonal softening in pricing, paired with more cautious buyer activity.
Sales activity remained modest, with 17 properties sold during the month. Inventory levels remain elevated, with 92 active listings, including 16 new listings added during the period. Buyers in Midland currently benefit from greater choice and negotiating room, while sellers are facing a more competitive landscape that rewards accurate pricing and strong presentation.
Penetanguishene
Penetanguishene moved in the opposite direction, posting an average sale price of $681,125, selling at 96.7% of list price. This marks an increase of $65,450, or roughly 10.6%, compared to November’s average of $615,675.
With just 8 properties sold, sales volume remained low, but pricing strength suggests continued demand for the right properties. There are currently 44 properties available, with only 3 new listings added during the month. Limited new inventory has helped support pricing, creating a relatively balanced environment despite lower overall transaction numbers.
Tiny Township
Tiny Township continued to command some of the highest prices in the region, with an average sale price of $832,660and a 94.4% list-to-sale ratio. This reflects a month-over-month increase of $52,798, or approximately 6.8%, compared to November’s average of $779,862.
There were 15 properties sold, supported by a healthy level of new supply. Inventory stands at 100 active listings, including 23 new listings added during the month. This growing selection provides buyers with more options, while sellers continue to benefit from the township’s strong long-term desirability, particularly for lifestyle and waterfront-focused properties.
Tay Township
Tay Township remained remarkably stable. The average sale price came in at $608,418, with homes selling at a strong 96.9% of list price. This represents a negligible decrease of $26, effectively flat compared to November’s average of $608,444.
A total of 11 properties sold, with inventory sitting at 81 active listings, including 21 new listings during the month. Tay’s consistency highlights a balanced market, where pricing has held steady despite broader seasonal trends and an influx of new listings.
Georgian Bay Area Comparison & Market Takeaway
Across the Georgian Bay area, market performance continues to diverge by community:
Pricing trends ranged from a notable pullback in Midland to solid gains in Penetanguishene and Tiny Township, while Tay Township remained flat. Inventory levels are generally elevated, particularly in Midland and Tiny Township, giving buyers more leverage and time to make decisions. List-to-sale ratios remain healthy across all communities, hovering in the mid-to-high 90% range, indicating that well-priced homes continue to sell close to asking.
Overall, the market reflects a seasonally adjusted but stable environment. Buyers are benefiting from increased selection and reduced urgency, while sellers who price strategically and prepare their homes effectively are still achieving strong results. As we move further into the year, shifts in interest rates and renewed spring activity will be key factors to watch across the Georgian Bay region.
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All data correct as of January 28, 2026, data gathered by the One Point Association Of Realtors based on December 2025.
