Call Marg: 705-446-1762

Market Snapshot

This infographic pretty much tells the story of the local Collingwood – blue Mountain real estate market where we continue to have record breaking sales against a backdrop of an extreme listing shortage in many areas of the market.

Looking for a house in- town Collingwood under $250,000?  There are two for sale and one has a conditional offer. If you move that up to $350,000, there are 15 and 5 have offers in place. In all of the Blue Mountains, there are just two under $250,000 and both are rural fixer-uppers. How about a waterfront home?  Best hurry as there are just 7 for sale in all of Collingwood and Blue Mountain.

Prices in the region keep climbing with the 12-month average now sitting at well over $400,000 in most areas.  The chart below shows a breakdown of the residential markets last month in our six key areas.

Listing chart by area

With listings down 6% YTD and sales up 18%, it’s not a surprise to see prices escalating.  More importantly, the number of available properties for sale is down 39% over last year!  With less than 600 residential properties for sale in the region, it continues to be a challenging market for our buyers who need to act quickly when the right home comes on the market.  For sellers, this doesn’t mean they can price way above market value as those properties are sitting in many cases so heed the advice of your REALTOR® in establishing your asking price.  Interesting times out there indeed.

Monthly E-Newsletter

Marg Scheben-Edey

Real Estate Broker
Market Value Appraiser - Residential
Accredited Green Broker™
(designated by the National Association of Green Agents & Brokers)

RE/MAX four seasons
realty limited, Brokerage
Each Office Independently Owned & Operated
67 First Street, Collingwood L9Y 1A2

Contact Marg

 Direct: 705-446-1762

Prefer Text? 705-446-5066

Email Marg

© Copyright 2017 All Rights Reserved.

Privacy Policy | Sitemap

Get Marg's Newsletter Delivered to Your InboxMonthly

Hey, it never hurts to know more about the local market and the goings on, does it? Stay “in-the-know” about the South Georgian Bay real estate market as well as local news, great new businesses and other fun stuff. At least you’ll have some impressive local trivia at the next cocktail party! Now, I just need a little info from you. (This information will never be shared – I promise!)


Pin It on Pinterest