Southern Georgian Bay June 2017 & Second Quarter Real Estate Market Summary

[vc_row][vc_column width=”1/3″][vc_column_text]Southern Georgian Bay home sales return to more normal levels in June

This report covers the Western Region of the Southern Georgian Bay Association of Realtors, which includes Wasaga Beach, Clearview Township, Collingwood, The Blue Mountains, Municipality of Meaford and part of Grey Highlands

Following the hectic pace of the January to May, sales activity fell to more normal levels in June. While the number of residential unit sales recorded through the MLS® System of the Southern Georgian Bay Association of REALTORS® came in below record year-ago levels in June 2017, the sales dollar volume was up 3%, setting a new all time high record for June.

June 2017

• Number of new listings  down -13% from the same time period in 2016
• Home unit sales  fell -18% on a year-over-year basis to 254 units in June 2017.
• Dollar volume sales of $115,024,022 set a new June record, up 3% from last year’s record setting volume.  

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[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]Western Region
Second Quarter 2017

• Number of new listings remained low, down 12% from the same time period in 2016
• Home unit sales were up 1% at 1392 units
• Dollar volume sales of $634,186,043, is up 27% over Q2016, a new all time record due to the overheated January to May market
• Average sale price Q2 $455,593 is up 26% from 2016

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Second Quarter 2017

All Collingwood Real Estate

• Number of new listings YTD is 471, up 1% from the same time period in 2016
• Unit sales were down -4% at 349 units
• Dollar volume sales of $164,611,863 is up 26% over 2016.
• Average Sale Price All Real Estate $471,667 up 31% from 2106.
• Average Sale Price Single Family Homes $540,976 is up 26%

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Second Quarter 2017

All Blue Mountains Real Estate

• Number of new listings YTD is 320, down 8% from the same time period in 2016
• Unit sales were up 16% at 219 units
• Dollar volume sales of 134,167,319 is up 45% over 2016.
• Average Sale Price All Real Estate $612,636 up 25% from 2106.
• Average Sale Price Single Family Homes $822,040 is up 27%

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Second Quarter 2017

All Clearview Real Estate

• Number of new listings YTD is 146, down 24% from the same time period in 2016
• Unit sales were down -14% at 110 units
• Dollar volume sales of 134,167,319 is up 45% over 2016.
• Average Sale Price All Real Estate $576,982 up 23% from 2106.
• Average Sale Price Single Family Homes $587,698 is up 22%

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Second Quarter 2017

All Wasaga Beach Real Estate

• Number of new listings YTD is 528, down -15% from the same time period in 2016
• Unit sales were down -15% at 376 units
• Dollar volume sales of $152,503,934 is up 8% over 2016.
• Average Sale Price All Real Estate $405,596 up 26% from 2106.
• Average Sale Price Single Family Homes $433,344 is up 28%

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Second Quarter 2017

All Meaford Real Estate

• Number of new listings YTD is 199, down -6% from the same time period in 2016
• Unit sales were up 15% at 125 units
• Dollar volume sales of $45,156,700 is up 33% over 2016.
• Average Sale Price All Real Estate $393,253 up 26% from 2106.
• Average Sale Price Single Family Homes $402,579 is up 23%

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