Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
August 2025 · Severn
Severn Housing Market Report for August 2025
28 residential properties closed in Severn in August 2025. Average sold price of $793,282. 89.3% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $793,282
Median Price $745,950
Sale / List 96.4%
Over Asking 3.6%
Avg DOM 88 days
Total Sold
28
all residential
Avg Sold Price
$793,282
all types
Median Price
$745,950
mid-point
Sale / List
96.4%
avg ratio
Over Asking
3.6%
of all sales
Avg DOM
88
days on market
Prices by Property Type
Severn · August 2025
💰 Price Summary
Average Sold $793,282
Median Sold $745,950
Avg List Price $822,782
Lowest Sale $127,000
Highest Sale $1,902,500
Sale / List Ratio 96.4%
Luxury Sold
3
Avg Luxury
$1,800,833
Luxury Share
10.7%
📊 Competition
Sold over asking 3.6%
Sold at asking 7.1%
Sold under asking 89.3%
Avg Days on Market 88 days
Fast · 050Slow · 100+
🧊 Buyers market — 89.3% sold below asking. Avg 88 days on market.
🏘
No condo data for August 2025
There weren't enough condo sales in
Severn this month to generate a summary.
💰 Price Summary
Average Sold $843,776
Median Sold $755,000
Avg List Price $874,756
Lowest Sale $127,000
Highest Sale $1,902,500
Sale / List Ratio 96.5%
Luxury Sold
3
Avg Luxury
$1,800,833
Luxury Share
12%
📊 Competition
Sold over asking 4.0%
Sold at asking 8.0%
Sold under asking 88.0%
Avg Days on Market 90 days
Fast · 050Slow · 100+
🧊 Buyers market — 88% sold below asking. Avg 90 days on market.
💰 Price Summary
Average Sold $627,500
Median Sold $627,500
Avg List Price $639,000
Lowest Sale $627,500
Highest Sale $627,500
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 98 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 98 days on market.
🏘
No multi-unit data for August 2025
There weren't enough multi-unit sales in
Severn this month to generate a summary.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Orillia | $608,863 | $605,250 | 97.2% | 74d | 🧊 Buyers |
| Ramara | $786,533 | $875,000 | 95.8% | 74d | 🧊 Buyers |
| Oro Medonte | $1,028,288 | $911,000 | 96.0% | 93d | 🧊 Buyers |
| Tay | $956,342 | $705,000 | 93.9% | 91d | 🧊 Buyers |
Frequently Asked Questions
Severn · August 2025
The average sold price across all residential types in Severn was $793,282 in August 2025,
based on 28 closed transactions. The median was
$745,950.
The average Severn home took 88 days to sell in August 2025.
Severn averaged $793,282 in August 2025. Tay averaged $956,342. Ramara averaged $786,533. See the full August 2025 Ontario summary →
Looking to buy or sell in Severn?
Work with a Roofup agent and get cashback on your purchase. No hidden fees.
Data note: Based on MLS® resale transaction data held in our system for Severn, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
