January 2012 Real Estate Market Recap for Collingwood, Blue Mountain and Area
In a continuation of the momentum that started in September last year, January proved to be another strong month for our local real estate market with sales up significantly compared to a year ago.
The Georgian Triangle area includes the communities of Clearview, Collingwood, Blue Mountain, Wasaga Beach, Grey Highlands, Meaford and surrounding areas such as Tiny, Springwater and Mulmur Townships to an extent.
Here are the highlights for our January real estate market:
NEW LISTINGS: 509 properties were listed for sale compared to 468 last year; a 4% increase.. There are currently 1829 active listings for sale on the Georgian Triangle MLS® system
– There were 104 sales in January 2012 compared to 81 in 2011; an increase of 37%
– The 104 sales break down as follows:
87 residential units (23 were condos)
13 vacant land sales
– The most active RESIDENTIAL price ranges were as follows:
$150,000 – $249,999 (31 sales)
$250,000 – $349,999 (21 sales)
$350,000 – 499,999 (17 sales
There were 8 sales over $500,000 including 4 sales over $1 million.