Collingwood and Area Real Estate Barometer – October 7th 2024 to October 13th 2024
Weekly Market Barometer
October 7th 2024 to October 13th 2024
Quick Take Aways
-
Single Family Homes - 8% REDUCTION in the number of new listings this week and 8% INCREASE in number of sales!
-
Condos - 40% REDUCTION in number of new listings this week and a 33% INCREASE in number of sales!
-
Vacant Land - 65 New listings in past 5 weeks and only 9 sales!
-
67 price reductions across all listings (which will includes both commerical & residential sales and leases)
Single Family Residential
 |
Current Week | Previous Weeks |
|---|---|---|
|
New Listings |
99 |
(107, 76, 95) |
|
Average / Median List Price |
$1,373,732 – $989,000 |
— |
|
Range of List Prices |
$310,000 – $14,850,000 |
— |
|
Number of Sales |
33 |
(31, 41, 34) |
|
Range of Sale Prices |
$115,000 – $1,432,000 |
— |
Condominiums
 |
Current Week | Previous Weeks |
|---|---|---|
|
New Listings |
18 |
(25, 19, 23) |
|
Average / Median List Price |
$799,744 – $657,500 |
— |
|
Range of List Prices |
$299,000 – $2,150,000 |
— |
|
Number of Sales |
4 |
(3, 4, 10) |
|
Range of Sale Prices |
$445,000 – $2,500,000 |
— |
Vacant Land
Price Changes:
 |
Current Week | Previous Weeks |
|---|---|---|
|
New Listings |
20 |
(3, 10, 9) |
|
Number of Sales |
1 |
(3, 2, 0) |
|
Range of Sale Prices |
$1,175,000 |
— |
Past seven days: There have been 67 decreases in list prices and 9 increases in price.
Here are some Notables this Week:
-
2 Single-family residences sold at the list price, and
-
1 Single-family residences sold for more than the list price
-
0 Condos sold at the list price, and
-
0 Condo listings sold for more than the list price
-
0 Vacant Land listing sold at the list price, and
-
1 Vacant Land listing sold for more than the list price
Here is a summary of the past 7 days
For more in depth local real estate market reports
Visit: riouxbakerteam.com/market-watch
Stay up to date with local events. Online, in-person for all ages.
riouxbakerteam.com/collingwood-blue-mountain-events
Link to TRESA 2002 – RECO Information Guide, click below;
https://reco.on.ca/getmedia/da38cca5-8432-4018-821e-57260d6caebc/RECO-Information-Guide.pdf
Contact The Rioux Baker Team for more information about buying and selling real estate in Southern Georgian Bay. We’re here for you!
As of Dec 1, 2023, real estate as we’ve known it, will be changing. There are significant changes that will affect every buyer and seller in Ontario. Real Estate currently is regulated by REBBA, The Real Estate and Business Brokers Act. As of this Friday, Dec 1, REBBA is being replaced by TRESA, The Trust in Real Estate Services Act. This will affect how real estate is done in Ontario and we thought you might like some advance warning about this in case there is a real estate transaction in your future!
From the moment we take a call or an inquiry on a property, to how we represent Buyers and Sellers, there are strict new rules coming into play.