Wow – What a Year 2016 was in Muskoka.
North Muskoka Waterfront
A Review of sales levels for the past 6 years (2010 – 2016) by number of sales in price category, is helpful in seeing in what price range the sales are taking place. It demonstrates potential trends on these 4 lakes. Keep in mind that lack of supply was a definite challenge in the recreational market this year in Muskoka overall. On Peninsula Lake 58% of the total number of sales recorded were under $300,ooo. These sales were condominium units at Hidden Valley and Deerhurst developments. Lake of Bays saw a healthy increase in Fractional unit sales at Corbett Cove and Landscapes of Lake of Bays. These fractional sales accounted for 23 percent of the overall number of sales on Lake of Bays.
Royal LePage Lakes of Muskoka, Market Leaders
Lakes of Muskoka Brokerage had another awesome year. Leading the way again with 35% of total market share. Ten full service offices spanning the entire Muskoka region.
On Lake of Bays, Royal Lepage Lakes of Muskoka reported a commanding 40% of total market share with our Richardson Team Dwight office again the leading office on the lake, based on number of transactions.
We are a team, the Richardson Team! It’s easy to go above and beyond for every client and be happy while you do when you love what you do!