Muskoka Market Update July 2023
The market appears to be moving towards a balanced market, with various metrics like sales volume and days on market showing a correction. Despite a 15% year-over-year drop in transactions, average prices are up, indicating a market that is still healthy.
The president of the Lakelands Real Estate Board, Matthew Lidbetter points out contrasting trends: non-waterfront home sales have increased, while waterfront sales have declined.