SOLD OUT is the new refrain in South Georgian Bay
It used to be quite normal for a new subdivision in the Collingwood, Blue Mountain and Wasaga Beach areas to take years to sell out. With the current market conditions, I was curious to take a sampling of current projects to see how they are fairing now and here is what we found.
Indigo Estates in Collingwood released 160 homes so far and they are SOLD OUT. A new phase should be announced shortly.
Silver Glen has 50 homes in the current phase and they are SOLD OUT. A final phase of another 20 homes should be announced soon.
Blue Fairway in Collingwood has 96 homes in the current phase (condominiums) and 19 are still available with bungalow models SOLD OUT and some two storey units starting at $375,900 still available. Another phase will be announced later this year.
Balmoral Village still has 1 and 2 bedroom units available in the condo apartment building under construction
The Collingwood Shipyards project has 4 units remaining in the current phase of 16 townhomes. They are bungalow townhomes starting at $569,900 and, a new phase is expected to be announced later this spring.
Crestview in the Town of the Blue Mountains has 39 units in the current phase and they are SOLD OUT. The next phase will be released this spring.
Gates of Kent in Meaford has just 4 units available in the current phase starting at a $299,900 for bungalow town homes with further phases planned.
While we didn’t get a reply in time for this post from several other developments, we know sales are brisk in other area developments such as Georgian Sands in Wasaga Beach, Windfall in Blue Mountain and others. If you are interested in being represented in the purchase of a new home in Southern Georgian Bay, give me a call and let’s go explore together.