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A Year in Review: The Blue Mountains Single Family Residential Sales

Posted by Sherry Rioux on January 8, 2017
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We are often asked about the REAL ESTATE MARKET in our six main local areas, which consist of the towns of Collingwood, The Blue Mountains, and Wasaga Beach; Clearview Township, and the Municipalities of Meaford and Grey Highlands.

Let’s have a look at what the past 12 months looked like in each municipality, with statistics from our local Southern Georgian Bay Association of REALTORS.®  Today, let’s look at The Blue Mountains.

Between December 5, 2016, and December 5, 2017, in The Blue Mountains, there were:

  • 228 Sales of Single Family Residences
  • Average List Price was $847,151
  • Average Sale Price was $815,559
  • Total Sales Value of these 228 Sales was $185,947,468
  • 20 of the 228 sales sold AT their list (asking) price, which represents 8.8% of the total sales
  • 44 of the 228 sales sold for MORE than their list (asking) price, which represents 19.3% of the total sales
  • The lowest sale price for a Single Family Residence in The Blue Mountains was $228,000 in June 2017.
    • This was a dated, 1,000 square foot home on a large lot in Redwing on well and septic, with a metal roof, wood exterior, some renovations, heated by a wood fireplace and partial basement.
  • The highest sale price for a Single Family Residence in The Blue Mountains was $3,350,000 in September 2017.
    • This was a custom, 7500 sq.ft. stone chalet, 5 bedrooms/6 baths near the Craigleith/Alpine ski clubs, steeped in luxury, exposed beams, 17-foot ceilings, exquisite finishing and a 180-degree view of Georgian Bay.

Note:  All statistics included are sales that were reported through Southern Georgian Bay Association of REALTORS® MLS® system.

 

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