Market Reports

North Muskoka Market Update October 2022

An overview for the North Muskoka real estate market shows home sales down and listings up from October of the previous year. The October 2022 market was balanced, favouring neither buyer or seller.            

North Muskoka Market Update September 2022

The number of sales for both waterfront and non-waterfront decreased and remain well below average levels for this time of the year. The latest interest rate increases and the concern of future rate hikes are a concern to buyers.  The increase in the number of listings is welcome news to…

North Muskoka Market Update July 2022

July sales slowed over the previous year as active listings increased and days on market increased. Multiple bids on properties are in the past.                                        

North Muskoka Market Update June 2022

The market in June shows listings are up and sales are down. The low number of sales are not reflecting price drops, simply more inventory and a slower market.               Updates 4              

North Muskoka Market Update February 2022

Sale prices of both waterfront and non-waterfront remain at record levels. February inventory levels are at record lows with continuing strong demand from buyers.  Overall sales activity throughout the region recorded the second-best February on record.                    

North Muskoka Market Update January 2022

A lack of available waterfront properties continues to have a large impact on the Muskoka and North Muskoka real estate markets. Buyer demand is robust but without an increase in available listings, the current Seller’s market will continue with prices expected to rise again in 2022.   

Muskoka Market Update – December 2021

Muskoka’s real estate market continues to be hot as 2021 draws to a close. December stats show Muskoka ended the year with a median price increase of 27% year over year for waterfront properties and a 42% increase year over year for residential non-waterfront properties.  The strong Seller’s market doesn’t…

Waterfront Market Update – November 2021

November  2021 waterfront sales in Lake of Bays were on track with 2020 registering one sale less than November prior year. Huntsville waterfront sales activity increased 18%, recording 200 sales versus 169 in November 2020. Active waterfront listings in both Huntsville and Lake of Bays decreased from the prior year. …

Waterfront Market Update – October 2021

Waterfront and non-waterfront property sales in Huntsville/Lake of Bays, Muskoka saw levels more in line with a typical October. Although we did see a levelling of activity, inventory levels are again heading down after increasing in the past summer months. This trend of stabilization is seen across markets in all…

Waterfront Market Update – July 2021

Sales of waterfront properties in Muskoka, Huntsville and Lake of Bays showed an easing from the frenzy of the first and second quarters. Although the market heat is slowing somewhat, prices remain strong and we are still very much in a Seller's market.          

Waterfront Market Update – June 2021

June saw waterfront sales activity moderate as the buying frenzy for cottages and waterfront properties seen in the first quarter of 2021 softened. Buyer fatigue, diminishing urgency for space with the gradual reopening of the economy as vaccination numbers increase, and prices that have reached unseen levels making even those…

©2022 Jay Richardson