Luxury home sales soared in the first quarter of 2010 as affluent purchasers moved to take advantage of favourable market conditions across the country, according to a report released today by RE/MAX.
According the statistics obtained through our Georgian Triangle Real Estate Board, our area (including Collingwood, the Blue Mountains, Wasaga Beach, Meaford, Grey Highlands and Clearview) is no exception. 2010 Year-to-date sales in the $1,000,000 plus category are up substantially from same period last year (January 1st to April 26th), with 4 sales in 2010, compared to only one for 2009. There have been 8 sales over the $700,000 threshold versus 2 at this time last year and, two sales have occured this year over the 2 million dollar mark in our area.
You can download the full report for major Canadian Markets here.
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