Collingwood and Area Real Estate Barometer Jan. 11-17, 2019

This market summary includes information for Collingwood, The Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) are in brackets.

Single Family Residential
New Listings:  24 (19, 22)
Average / Mean List Price: $525,063 / $466,750
Range of List Prices: $339,000 – $829,900
Number of Sales: 17 (12, 3)
Range of Sale Prices: $315,000 – $2,350,000

Condominiums
New Listings: 10 (8, 7)
Average / Mean List Price: $443,470 / $464,000
Range of List Price:  $178,000 – $689,900
Number of Sales:  3 (5,3)
Range of Sale Price: $280,000 – $470,000

Vacant Land
New Listings: 4 (2, 0)
Number of Sales: 1 (0,1)
Range of Sale Prices:  $49,900

Price Changes past week: 13

Notables this week:

• 2 Single Family Residences sold at the list price and 3 sold for more than the list price
• 1 Condo listing sold at the list price and 2 sold for more than the list price
• 1 Vacant Land listing sold at the list price
• Interestingly, this week, we see an increase in the number of sales above or at the list price.  Two of the single-family sales above list price went for 18-23% above the list price and were multiple offer situations.  One of the sales of a single-family home at the list price had been on the market for more than 1.5 years.

Here is a summary of the past 7 days:

NOTE:  All statistics for this Collingwood and Blue Mountain area real estate summary were obtained from the Southern Georgian Bay Association of REALTORS® Real Estate Board.