Two heads ARE better than one!

Lorraine McDonald
Sales Representative
705-444-4216
lorrainemcdonald@royallepage.ca

2nd QUARTER IN REVIEW

2018 MARKET SNAPSHOT

We continue to focus where we specialize - residential single-family homes and condos in the WESTERN DISTRICT of Southern Georgian Bay, in particular The Blue Mountains, Collingwood and the areas of Clearview near Collingwood and Blue.  In Collingwood/Blue Mtns, the greatest amount of listings and choice for buyers in 2017 was May through October.  With some notable exceptions, this is an historic trend.  Sellers will want their properties on the market during these months as buyers naturally prefer to shop when they have the most choice.   More Info..

2018-Q1 Real Estate Market in Review

Real Estate Market Snapshot

We continue to focus where we specialize - residential single-family homes and condos in the WESTERN DISTRICT of Southern Georgian Bay. In particular, The Blue Mountains, Collingwood and the areas of Clearview near Collingwood and Blue.  It would appear that lack of inventory, and thus relatively high prices, combined with the new lending formulas are having their effect here, as they are in the GTA.
  More Info..

2017 Year in Review

NEW to your local Realtors® is our "Matrix” MLS®. Matrix is far superior to our old system but we are all in a deep learning curve as we master its intricacies. And find its bugs. There are some, and while we believe Matrix has provided accurate data for this article, we have heard from some colleagues that occasional inaccuracies are coming to light. Please keep that in mind as you read our report. More Info..

Q3 in Review

2017 Market Snapshot

For residential single family homes and condos, the WESTERN DISTRICT of Southern Georgian Bay slowed down from the over one year trend of a Sellers' market copying what’s happening in the GTA. This is despite continuing near record lows in available inventory.  Five years ago, we needed over 12 months to sell all listed inventory, Q3 2016 it was 2 months, but currently we are back up to 3 months. Values have fallen about 25% for residential transactions over Q3 2016 but still outpace values of 2015.
  More Info..

Q2 in Review

2017 Market Snapshot

For residential single family homes and condos, the WESTERN DISTRICT of Southern Georgian Bay continues the over one year trend of a Sellers' market with near record low inventory down 41% from Q2 2016. 5 years ago, we needed over 12 months to sell all listed inventory, Q2 2016 it was 2.5 months, and currently, it would take only 1.5 months.  More Info..

Q1 in Review

2017 Market Snapshot

South Georgian Bay begins the 2nd quarter of 2017 with an excess of demand over supply – definition of a Seller’s Market – driving prices to an all-time high.  Our data reports that listings are down by 21% for the quarter ending March 31st but sales are up by 18.6% for the same time frame over 2016.  More Info..

2016 Year In Review

For single family homes, South Georgian Bay remained a Sellers’ market in 2016. Unit sales
were up 15%. Our data also reports that 70% of the listings sold. The average selling price of
a resale home was $382,979 up 11% from $342,674 in 2015. The majority of sales took place in the $200,000 to $350,000 price range but the $350,000 to $500,000 also saw a spike
over 2015. The number of homes selling for over $1,000,000 almost doubled from 48 in 2015 to
82 in 2016. More Info..

2016 Market Snapshot

Q3 Report

For residential single family homes and condos, the WESTERN DISTRICT of Southern Georgian Bay continues the over one year trend of a Sellers' market with record low inventory down 8.8% from Q3 2015. 5 years ago, we needed over 12 months to sell all listed inventory, last August it was 5.3 months, now it would take only 2 months. Values are up - Aug '16 surpassed $148M for residential transactions - and sales are brisk - 57% to 80% of listings sold depending on area. More Info..

2016 Market Snapshot

Q1 Report

For residential, single family homes, the WESTERN DISTRICT of Southern Georgian Bay continues the 2015 trend of a Sellers' market with an average of over 50% of listings selling.  This Quarter showed 8% less listings than Q 1 '15 yet 14% more sales and dollar volume is up 21%.  The average price for a home shows an over 3% price increase, $395K compared to $383K this Q last year.  On one hand, the majority of sales took place in the $200,000 to $350,000 price range yet it was the $1.5M+ category that doubled its sales numbers.  More Info..

2016 Market Snapshot

Q2 Report

For residential single family homes and condos, the WESTERN DISTRICT of Southern Georgian Bay continues the one year trend of a Sellers' market with the lowest level of inventory in more than a decade and down 37% from Q@'15.  More Info..

Signup for Market Reports

Contact Jane & Lorraine

Contact Jane & Lorraine

We are here to help.Read more..

Area MLS® Listings

Area MLS<sup>®</sup> Listings

Click below to search by your own criteria for all other area listings.Read more..

Real Estate Information

Real Estate Information

Useful Information if you are buying or selling.Read more..

Our Location

Contact Info

209820 Hwy 26 W
Blue Mountains
Ontario
L9Y OL8
Office: 705-445-7799
Toll Free: 1-866-336-1112

Jane Direct: 705-888-1982
jane@janemoysey.ca

Lorraine Direct: 705-444-4216
lorrainemcdonald@royallepage.ca

Quick Contact