Muskoka Waterfront Report - June 2026

The Richardson Team · Refined Real Estate



June brought 66 waterfront sales across our five townships — Muskoka Lakes, Huntsville, Gravenhurst, Bracebridge and Lake of Bays — worth just over $126 million. The headline is choice: 559 cottages are currently for sale across the region, giving buyers more selection than any June in recent memory. 

Sellers are still finding their buyers, but the cottages that sell are the ones priced to the market from day one.

The first half of 2026 now stands at 172 waterfront sales worth roughly $265 million and the numbers below tell five quite different stories. That is the real lesson of this month's data:  Muskoka is not one market. It is a collection of lake markets, each moving at its own pace.

• 66 waterfront sales in June across the five townships
• $126.4M in dollar volume for June 2026
• 559 active listings — the most choice in years
• 172 sales year to date, worth $265M

Jay's Take

June's verdict in one line: the buyers have the selection, but the sellers who price right still hold the cards. With 559 cottages on the market, this is the most choice Muskoka has offered in years — yet the well-priced ones are gone in two to four weeks at 92 to 97% of asking. And don't let Lake of Bays' quiet June fool you: the year-to-date story on our home waters is one of the strongest in the region, with sales up 27% and the median up 36%.

Around the Lakes

Five townships, five stories.

Muskoka Lakes — median $1,453,750 - 24 sales · 165 active · 6.9 months of inventory · 92.7% of list · 22 days on market
Year to date: 62 sales · $122.7M volume · median $1,106,250

The big lakes remain the engine of the region — 24 sales and $69.5 million in June, more than half of Muskoka's entire waterfront volume. The median eased from last June, but that reflects which cottages sold rather than falling values; the average held near $2.9 million and the month's largest waterfront sale in all of Muskoka, at $17,750,000, closed here at over 95% of asking. Well-priced properties on Muskoka, Rosseau and Joseph are still moving in about three weeks.

Huntsville — median $1,120,500
14 sales · 120 active · 8.6 months of inventory · 94.2% of list · 28.5 days on market
Year to date: 32 sales · $37.7M volume · median $780,000

Huntsville was June's quiet standout. Sales matched last year, but the median rose 20% to $1,120,500 and dollar volume climbed to $21.7 million — a sign that better-quality waterfront changed hands on Vernon, Fairy and Peninsula this spring. The softer year-to-date median tells you the earlier months skewed to entry-level cottages; June's firmer number is the truer read on values.

Gravenhurst — median $1,100,000
11 sales · 104 active · 9.5 months of inventory · 96.9% of list · 19 days on market
Year to date: 28 sales · $42.6M volume · median $1,205,000

Gravenhurst put together one of June's strongest report cards: sales up 22%, the median up 17.6% to $1,100,000 and sellers achieving 96.9% of asking — the best ratio in the region — in just 19 days. One thing to watch: new listings nearly doubled from a year ago, so the selection buyers enjoy here is growing quickly.

Bracebridge — median $843,500
11 sales · 67 active · 6.1 months of inventory · 95.9% of list · 24 days on market
Year to date: 22 sales · $27.8M volume · median $846,750

Bracebridge had its busiest June in years — sales up 37% from last June, with the median rising nearly 30% to $843,500 and dollar volume more than doubling. At 6.1 months of inventory it carries the tightest supply of the five townships, which is exactly why sellers here are still commanding close to 96% of asking.

Lake of Bays — median $830,000
6 sales · 103 active · 17.2 months of inventory · 95.2% of list · 15.5 days on market
Year to date: 28 sales, up 27% · $34.0M volume, up 31% · median $1,001,500, up 36%

Our home waters had a patient June — six sales against 103 active listings, the widest selection Lake of Bays has offered in years. But June is only half the story. Year to date, Lake of Bays is one of the strongest markets in Muskoka: 28 sales, up 27% from last year, with the median up 36% to just over $1 million. And the high end showed up in June — the lake's top three sales of the month all closed between $2.8 and $3.9 million, at up to 96% of asking. The cottages that did sell in June moved in just 15.5 days — the fastest in the region. Buyers are here and decisive, but only for properties priced to today's market. This is a market that rewards preparation on both sides of the table.

The High End

Top waterfront sales in June 2026.

The premium end of the market stayed active in June — and sold within a few points of asking. The month's largest waterfront sale in all of Muskoka closed at $17,750,000, while on Lake of Bays the top three June sales all landed between $2.8 and $3.9 million.

Lake Joseph (Muskoka Lakes) — $17,750,000 · 95.4% of list
Lake of Bays — $3,850,000 · 96.3% of list
Lake of Bays — $3,850,000 · 96.4% of list
Lake of Bays — $2,875,000 · 92.8% of list

Muskoka's highest recorded waterfront sale and the top three Lake of Bays sales, June 2026.

What this means if you are buying

This is the most comfortable buying market Muskoka has offered in several springs. With 559 waterfront listings across the region, you have genuine selection and time to compare lakes, exposures and shorelines — something that simply wasn't possible in 2021. That said, the best-priced cottages are still selling in two to four weeks, so the winning approach is patience on the search and readiness on the offer. Have your financing arranged before the right one appears, because when it does, you won't be the only one who noticed.

What this means if you are selling

Values are holding — sale-to-list ratios above 92% in every township confirm that — but the market has become selective. In a region carrying this much inventory, pricing to the real market from day one is what separates the cottages that sell in three weeks from the ones that expire in the fall. Presentation and reach matter more than ever: most waterfront buyers come from outside Muskoka, and putting your property in front of them is where local knowledge and a wide marketing network earn their keep. If you are considering a sale this season, the sooner we talk about positioning, the stronger your result.

Every lake in Muskoka tells its own story, and the numbers only ever tell half of it. If you'd like to know what this month's market means for your cottage — or the one you're dreaming about — I'm always happy to talk it through.

Jay Richardson, Broker
Waterfront Real Estate Specialist
The Richardson Team · Refined Real Estate · Royal LePage Lakes of Muskoka Realty

Data: Canadian Real Estate Association · OnePoint Association of REALTORS®. MLS® Waterfront Market Activity, June 2026. Statistics reflect detached waterfront sales.