Lake of Bays Real Estate Blog

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              

6 Quick Tips When Opening the Cottage

Spring is here and it's time to Open the Cottage. Let's pack up the car and head north to the cottage. Now that the snow has finally melted and the road into the cottage is open, I can hardly wait to get to the cottage and get it open and…

5 Tips to Help kickstart your spring cleaning

5 tips to help kickstart your spring clean These 5 tips will help you kickstart your cottage spring cleaning because after a long winter, spring is in the air. It's time to get that spring cleaning out of the way so we can be outside and enjoy those lovely summer…

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.                    

5 Things Sellers Don’t Want to Hear

The time has come to sell your home. The decision is made, and now the work begins because selling a home is stressful and lots of work. If only it was as simple as a sign on your lawn – but it's not. Things you don't like to hear from…

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. …

©2022 Jay Richardson