Real Estate Market Update March 2016

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Real Estate Market Update March 2016

This report covers The Western Region of Southern Georgian Bay Association of Realtors including Collingwood, The Blue Mountains, Wasaga Beach, Clearview Township, Municipality of Meaford, Essa, Mulmur, Springwater and Grey Highlands.

Western Region – All Property Types

  • Total # of New Listings March 429 – 1% from 2015 (423)
  • Total # of Listings YTD 951 down -8% from 2015 1039
  • Total # of Sales March  (units) 188 – 0% (188 – 2015)
  • Total # of Sales YTD 475 – up 14% (417 – 2015)
  • Total Sales Dollar Volume March $70,206,824 – a 10% increase over 2015 ($63,856,678)
  • Total Sales Dollar Volume YTD $175,919,467 – 145,265,955 an increase of 21%

Western Region – All Residential

  • Total # of New Listings March 298 – down -6.6% from 2015 (319)
  • Total # of Listings YTD 577 – down -39% 2015 (947)
  • Total # of Sales March  (units) 169 – 2015 – 169
  • Total Sales Dollar Volume March $60,181,158- a 4% increase over 2015 ($57,946,578

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Infographic-Mar-2016-windstone

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]Single Family Residential Sales by Area March 2016 / 2015

Clearview

  • 28 new listings – decrease -21.4% – year to date listings up 18.6%
  • 21 sales – increase of 50% – year to date increase of 91%
  • Sales/Listings Ratio 75%
  • Average Sale Price $449,476
  •  Average 12 month sale price up 4.6%

Collingwood

  • 38 new listings – down -17.4% – year to date down -16.5%
  • 18 sales – down -31.% – year to date uo 1.6%
  • Sales/Listings Ratio 47%
  • Average Sale Price $458,277
  • Average 12 month sale price up 7.2%

The Blue Mountains

  • 24 new listings March  decrease – 47% – year to date down -18.6%
  • 15 sales – increase 15.4% – year to date decrease -9.6%
  • Sales/Listings Ratio 63%
  • Average Sale Price $803,433
  • Average12 month sale price up 16%[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]

The Municipality of Meaford

  • 38 new listings – no change – year to date decrease -21.2%
  • 10 sales – decrease -9% – year to date – decrease of -32%
  • Sales/Listings Ratio 26%
  • Average Sale Price $332,000
  • Average 12 month sale price up 10%

Wasaga Beach

  • 78 new listings – decrease -16% – year to date -16.5%
  • 49 sales – increase of 29% – year to date – up 59%
  • Sales/Listings Ratio 63%
  • Average Sale Price $314,392
  • Average 12 month sale price up 8.2%[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

    Email Keith