The local real estate market in August held steady with no dramatic shifts as expected.
SINGLE FAMILY: The total number of single-family homes sold was up from July by 16 units and down just 6 from last August. The average sale price year to date is up a marginal $13,000 to $533,360 while the median is up $23,000. To $463,000.
In August, the lowest priced residential home was $143,000 for a modular home on leased land in Wasaga Beach and the highest sale was $3.25million for a 7,000 square foot! Home on 25 acres with panoramic views in the Town of Blue Mountain.
CONDOMINIUMS: The same story holds true for condo sales which were down just 2 units from July and 4 units form August 2017. The average sale price is up about $13,000 from last year to $378,200 and the media is up about $30,000 to $350,000 year-to-date.
The lowest priced condo sale in September was $170,000 for a bachelor unit in the Westin and the highest priced sale was a waterfront townhome in the Shipyards development in Collingwood that sold for $1.375M.
LAND: The lowest priced parcel of vacant land sold was for a residential building lot west of Meaford that sold for $60,000 and the high sale was $725,100 for a triple size, riverfront lot in Wasaga Beach.
All data obtained from the Southern Georgian Bay Association of REALTORS® MLS®
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg
Thanks for sharing your post it is very informative and helpful too.
Great recap of the real estate market