Muskoka’s real estate market continues to be hot as 2021 draws to a close. December stats show Muskoka ended the year with a median price increase of 27% year over year for waterfront properties and a 42% increase year over year for residential non-waterfront properties. The strong Seller’s market doesn’t appear to be losing any steam as we head in...
November 2021 waterfront sales in Lake of Bays were on track with 2020 registering one sale less than November prior year. Huntsville waterfront sales activity increased 18%, recording 200 sales versus 169 in November 2020. Active waterfront listings in both Huntsville and Lake of Bays decreased from the prior year. Non-waterfront sales activity in...
Waterfront and non-waterfront property sales in Huntsville/Lake of Bays, Muskoka saw levels more in line with a typical October. Although we did see a levelling of activity, inventory levels are again heading down after increasing in the past summer months. This trend of stabilization is seen across markets in all areas. We are however still seeing...
Sales of waterfront properties in Muskoka, Huntsville and Lake of Bays showed an easing from the frenzy of the first and second quarters. Although the market heat is slowing somewhat, prices remain strong and we are still very much in a Seller’s market.
June saw waterfront sales activity moderate as the buying frenzy for cottages and waterfront properties seen in the first quarter of 2021 softened. Buyer fatigue, diminishing urgency for space with the gradual reopening of the economy as vaccination numbers increase, and prices that have reached unseen levels making even those with healthy budgets...
The Lakelands Real Estate board reported 124 non-waterfront residential sales and 129 active listings in Muskoka.
April saw buyers continue their strong demand for waterfront properties in Muskoka/Huntsville/Lake of Bays while the inventory of waterfront listings remained low continuing the seller’s market of the past months. As we move in...