Lake of Bays Real Estate Market Report
Executive Summary
Tania MenicucciLocal expert · Lake of BaysThe Lake of Bays, Ontario real estate market is currently classified as a seller's market. The median asking price is $724K, up 4.4% over the past 30 days.
There are currently 180 active listings. Inventory has increased 20.0% compared to last month.
Currently, the average price per square foot is $1230.
Detached properties make up the largest share of the Lake of Bays market at 69% of active listings with an average price of $1.6M. Condo listings follow at 31% (avg $280K).
Sales Activity & Absorption
Volume
Market Signals
26 new listings appeared in the past month.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a seller's market with strong demand and limited inventory. The Lake of Bays market currently has 180 active listings with a median price of $724K.
- Prices rising (4.4% in 30 days)
- Low price reduction rate (0% of listings)
- Average price per square foot is $1,230
Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily. Prepared by Tania Menicucci with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.