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A Year In Review: Wasaga Beach Single Family Residence and Condo Sales

Posted by Sherry Rioux on January 15, 2018
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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 town of Wasaga Beach.

Between December 5, 2016, and December 5, 2017, in Wasaga Beach,
there were:

  • 601 Sales of Single Family Residences
  • Average List Price was $414,358
  • Average Sale Price was $411,164
  • Total Sales Value of these 601 Sales was $247,109,684
  • 73 of the 601 sales sold AT their list (asking) price, which represents 12.2% of the total sales
  • 155 of the 601 sales sold for MORE than their list (asking) price, which represents 25.8% of the total sales
  • The lowest sale price for a Single Family Residence in Wasaga Beach was $47,000. in December 2016.
    • This was a 890 sq.ft. modular/mobile home on leased land, near a private beach area with 2 bedrooms and 1 bathroom.
  • The highest sale price for a Single Family Residence in Wasaga Beach was $1,195,000 in April 2017.
    • This was a custom, 3700+ sq.ft. stone home, with 5 bedrooms/3 bathrooms on 1.69 acres of ‘protected’ land; grand entry, high ceilings, 5(!) walkouts, 3.5 car garage, generator, Chef’s kitchen, granite, travertine and luxury galore.
  • 49 Sales of Condominiums
  • Average List Price was $327,071
  • Average Sale Price was $322,059
  • Total Sales Value of these 49 Sales was $15,780,900
  • 5 of the 49 sales sold AT their list (asking) price, which represents 10.4% of the total sales
  • 9 of the 49 sales sold for MORE than their list (asking) price, which represents 18.8% of the total sales
  • The lowest sale price for a Condominium in Wasaga Beach was $168,000 in December 2016
    • This was a 1 bedroom/1 bathroom, 2 storey, 728 sq.ft end unit, with some upgrades on municipal services
  • The highest sale price for a Condominium in Wasaga Beach was $455,000 in November 2017
    • This was a newer 2 storey condo in the east end of town, with vaulted ceilings, upgrades, built-ins, 3 bedrooms and 2.5 bathrooms, granite counters and 1716 sq.ft. of living space.

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

 

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