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North Muskoka Market Update December 2022

Posted on Dec 01, 2022 in Market Reports

Increases in interest rates took a toll on waterfront and non-waterfront sales activity throughout the Lakelands Association Real Estate Board in December. Non-waterfront sales posted 38% lower than in December 2021. Waterfront sales activity in December dropped to its lowest level since 2008, posting a drop of 51% from December 2021 sales activity...

North Muskoka Market Update November 2022

Posted on Nov 01, 2022 in Market Reports

Waterfront and non-waterfront unit sales saw an overall decrease from November 2021. Buyers are adjusting to the new reality of higher interest rates as sellers adjust their pricing expectations. There is a good supply of inventory, considering the time of the year, with the market slightly in favour of buyers at this time.

North Muskoka Market Update October 2022

Posted on Oct 01, 2022 in Market Reports

An overview for the North Muskoka real estate market shows home sales down and listings up from October of the previous year. The October 2022 market was balanced, favouring neither buyer or seller.

North Muskoka Market Update September 2022

Posted on Sep 01, 2022 in Market Reports

The number of sales for both waterfront and non-waterfront decreased and remain well below average levels for this time of the year. The latest interest rate increases and the concern of future rate hikes are a concern to buyers. The increase in the number of listings is welcome news to buyers providing a wider selection. Although the number of sal...

North Muskoka Market Update August 2022

Posted on Aug 01, 2022 in Market Reports

August saw slow sales across the region when compared with the previous year. Overall active listings were up while sales activity was down.

North Muskoka Market Update July 2022

Posted on Jul 01, 2022 in Market Reports

July sales slowed over the previous year as active listings increased and days on market increased. Multiple bids on properties are in the past.

North Muskoka Market Update June 2022

Posted on Jun 01, 2022 in Market Reports

The market in June shows listings are up and sales are down. The low number of sales are not reflecting price drops, simply more inventory and a slower marke

North Muskoka Market Update February 2022

Posted on Feb 01, 2022 in Market Reports

Sale prices of both waterfront and non-waterfront remain at record levels. February inventory levels are at record lows with continuing strong demand from buyers. Overall sales activity throughout the region recorded the second-best February on record.

North Muskoka Market Update January 2022

Posted on Jan 01, 2022 in Market Reports

A lack of available waterfront properties continues to have a large impact on the Muskoka and North Muskoka real estate markets. Buyer demand is robust but without an increase in available listings, the current Seller’s market will continue with prices expected to rise again in 2022.

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