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Collingwood and Area Real Estate Barometer – November 27th 2023 to December 3rd 2023

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.

Weekly Market Barometer
November 27th 2023 to December 3rd 2023

Single Family Residential

Current Week Previous Weeks
New Listings
46
(52, 59, 52)
Average / Median List Price
$1,370,555 – $1,049,500
Range of List Prices
$375,000 – $6,900,000
Number of Sales
15
(25, 16, 11)
Range of Sale Prices
$420,000 – $1,350,000

Condominiums

Current Week Previous Weeks
New Listings
15
(15, 20, 23)
Average / Median List Price
$781,167 – $729,000
Range of List Prices
$369,900 – $1,400,000
Number of Sales
9
(5, 6, 8)
Range of Sale Prices
$386,500 – $1,060,000

Vacant Land

Current Week Previous Weeks
New Listings
5
(7, 7, 5)
Number of Sales
2
(0, 1, 3)
Range of Sale Prices
$380,000 – $735,000

Price Changes:

Past seven days: There have been 44 decreases in list prices and 1 increases in price.

Here are some Notables this Week:

  • 2 Single-family residences sold at the list price, and
  • 0 Single-family residences sold for more than the list price
  • 0 Condos sold at the list price, and
  • 0 Condo listings sold for more than the list price
  • 0 Vacant Land listing sold at the list price, and
  • 0 Vacant Land listing sold for more than the list price

Here is a summary of the past 7 days

For more in depth local real estate market reports
Visit: riouxbakerteam.com/market-watch

Stay up to date with local events. Online, in-person for all ages.
riouxbakerteam.com/collingwood-blue-mountain-events

Link to TRESA 2002 – RECO Information Guide, click below;
https://reco.on.ca/getmedia/da38cca5-8432-4018-821e-57260d6caebc/RECO-Information-Guide.pdf

Contact The Rioux Baker Team for more information about buying and selling real estate in Southern Georgian Bay. We’re here for you!

As of Dec 1, 2023, real estate as we’ve known it, will be changing. There are significant changes that will affect every buyer and seller in Ontario. Real Estate currently is regulated by REBBA, The Real Estate and Business Brokers Act. As of this Friday, Dec 1, REBBA is being replaced by TRESA, The Trust in Real Estate Services Act. This will affect how real estate is done in Ontario and we thought you might like some advance warning about this in case there is a real estate transaction in your future!

From the moment we take a call or an inquiry on a property, to how we represent Buyers and Sellers, there are strict new rules coming into play.

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