Southern Georgian Bay Real Estate Market December 2016

[vc_row][vc_column][vc_column_text]This report summarizes the monthly statistics for the Western Region of the Southern Georgian Bay Association of REALTORS® (SGBAR). The Western Region includes Clearview Township, Collingwood, The Blue Mountains, Municipality of Meaford, Wasaga Beach, Springwater & Grey Highlands.

December 2016 continued the year trend of low listing inventory. For all property types,  the number of new listings in December 2016 was down 123, a -25% decrease from 192 in December 2015.  While the number of units sold was down one percentage (from 127, Dec. 2015 to 126 Dec. 2016), the dollar volume was up 4% overall with sales totalling $48,381,000 (2015 $46,685,516). The monthly sales to Listing ratio for December was 102.44% compared to 76.97% during the same period last year. The sales to listing ratio shows there were more sales in December 2016 than there were new listings.

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]Residential (Single Family) December 2016 by Area

Clearview

  • #Listings 10 – down -28.58% (2015 – 14)
  • # Sales 10 – up 42.85% (2015 – 7)
  • 12 Month Average Price $486,144 up 34.1%(2015 – $362,513)
  • Monthly Sales to Listing Ratio 100%

Collingwood

  • #Listings 12 – down -45.45% (2015 – 22)
  • # Sales 20 – down -16.66% (2015 – 24)
  • 12 Month Average Price $440,176 up 19% (2015 – $339,818)
  • Monthly Sales to Listing Ratio 167%

Grey Highlands

  • #Listings 3 – down -25% (2015 – 4)
  • # Sales 1 – down -75% (2015 – 4)
  • 12 Month Average Price $480,736 up 20.1%  (2015 – $400,128)
  • Monthly Sales to Listing Ratio 33%

Municipality of Meaford

  • #Listings 3 – down -57.14% (2015 – 7)
  • # Sales 2 – down -66.66% (2015 – 6)
  • 12 Month Average Price $351,115 up 13.1% (2015 – $310,564)
  • Monthly Sales to Listing Ratio 67%

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The Blue Mountains

  • #Listings 6 – down -64.70% (2015 – 17)
  • # Sales 9 – up 50% (2015 – 6)
  • 12 Month Average Price $666,609 up 7.5% (2015 – $620,085)
  • Monthly Sales to Listing Ratio 150%

Wasaga Beach

  • #Listings 14 – down -48.12% (2015 – 27)
  • # Sales 21 – down -34.38% (2015 – 32)
  • 12 Month Average Price $355,595 up 13.9% (2015 – $312,207)
  • Monthly Sales to Listing Ratio 150%
Number of Units Sold by Price20162015
MonthMonth
Under $200,0002732
200,000 – $299,003231
300,000 – $399,0002831
$400,00 – $499,0001415
$500,000 – $599,99965
$600,000 – $699,00066
$700,000 – $799,999 2 1
$800,000 – $899,999 3 0
 $900,000 – 999,999 0 0
1,000,000 – 1,999,99984
2,000,000 – 2,999,99902
3,000,000+00

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