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Collingwood, Blue Mountain and Area Real Estate Recap for August 2019

Posted by Sherry Rioux on September 6, 2019
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Sales were strong and steady last month in the western region of Southern Georgian Bay including the communities of Blue Mountain, Clearview, Collingwood, Grey Highlands, Meaford and Wasaga Beach.  Generally, we are seeing a good news story here that shows sales year-to-date up 8.2% over 2018 and, up 22% for the month of August compared to the same month a year ago.

The number of new listings is also increasing and at present, there is an “inventory” of approximately 4.2%.  It is still well below 2015 levels but much more balanced than what we saw in 2017 when there were just 2.7 months of inventory.

The average sale price in the region is $538,816; up 10.2% year-to-date compared to 2018 and interestingly, up 104.8% from 10 years ago.

As our region includes a diverse collection of communities, there are real variations in each area.  A full and detailed breakdown of each community can be found in this market report. 

 

One thought on “Collingwood, Blue Mountain and Area Real Estate Recap for August 2019

  • Dave
    on September 7, 2019

    Looks like real estate market is recovering.

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