Collingwood and Area Real Estate Barometer Nov. 14-20, 2014

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This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets.

Single Family Residentialbarometer
New Listings:  34 (28, 36, 30)
Average List Price: $489,506
Range of List Prices: $124,900 – $2,495,000
Number of Sales:  28 (26, 28, 29)
Range of Sale Prices: $147,000 – $1,200,000

Condominiums
New Listings: 12 (13, 16, 12)
Average List Price: $222,966
Range of List Prices: $124,900 – $449,000
Number of Sales:   8 (9, 6, 6)
Range of Sale Prices: $106,000 – $370,000

Vacant Land
New Listings:  5 (12, 6, 5)
Number of Sales: 0 (4,  1,  1)
Range of Sale Prices: $0

Price Changes  26

Notables this week:

-one single family residence sold for more than it’s list price and one sold for more than it’s list price.


Note
: All statistics obtained from the Southern Georgian Bay Association of REALTORS® Real Estate Board

Getting Around in the GTA versus Collingwood

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traffic

It’s been awhile since John and I have been in Toronto but we had to head down recently on some personal errands. It hit me that we sure have become spoiled by our life in Collingwood because getting around in the GTA was like a rude awakening from our happy little existence.

Even mid-day, there are SO MANY vehicles – cars, trucks and busses. There are so many traffic lights and time spend waiting is wasted time. Vehicle emissions belched out of some and I swear that at least 20% of drivers got their licences from a cereal box. It takes forever to get from point A to point B. It’s noisy, smelly and nerve wracking. How do people do it every day?

We chatted with a friend who was talking about transit issues. If you don’t leave home on foot to board the TTC, there is nowhere to park your car or, it is very costly. If you are coming from say Mississauga and heading into Toronto, you may need two transit passes. If you drive, parking costs a small fortune if you can find it. With two people, it’s not unusual to see people spending $500 a month or more on just getting to work and back every month. That could carry a $100,000 mortgage!

Life is so much easier here in Collingwood. We rarely see traffic jams unless you count the 8 am line-ups in the Tim Horton’s drive-thru. We can get across town in 3 minutes or over to the next town in 10 minutes. Parking is plentiful and cheap. A local bus pass costs $40.00 a month or, a universal pass with connecting links is $120.00. Round-a-bouts keep traffic moving. The air smells cleaner. Actually, it IS cleaner.

No wonder so many people are moving to the Collingwood area. Transit is one more reason.

Let’s Do Some Recon On The Neighbourhood

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Chances you don’t really plan to don dark glasses, a wig and then sit in a bush to check out a neighbourhood you may be interested in moving into. I have an easier idea. Ask your REALTOR®.

If you live outside of the area presently, would you find it helpful to know things about a potential neighbourhood you are considering such as:

  • The mix of age groups
  • The number of people who are married versus single or other
  • What percentage of the homes are owned versus rented
  • School rankings
  • Planned developments

Below is an example of actual information regarding one particular neighbourhood in the area. Can you guess which one it is?

When you are considering a move to the area, be sure to work with a REALTOR® who can offer you this information and assist you in making an informed decision that best serves your needs.

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Collingwood and Area Real Estate Barometer Nov. 7-13, 2014

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This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets.

Single Family Residentialbarometer
New Listings:  28 (36, 30, 27)
Average List Price: $395,957
Range of List Prices: $176,000 – $999,000
Number of Sales:  26 (28, 29, 26)
Range of Sale Prices: $154,000 – $1,090,000

Condominiums
New Listings: 13  (16, 12, 9)
Average List Price: $225,869
Range of List Prices: $124,000 – $379,900
Number of Sales:  9 (6, 6, 14)
Range of Sale Prices: $82,900 – $355,000

Vacant Land
New Listings: 12 (6, 5, 9)
Number of Sales: 4 ( 1,  1, 4)
Range of Sale Prices: $8,000 – $270,000

Price Changes  29

Notables this week:

-one condo sold at it’s list price
-two single family residences sold for more than their list prices


Note
: All statistics obtained from the Southern Georgian Bay Association of REALTORS® Real Estate Board

Don’t Forget To Change Your Smoke Detector Every 10 Years

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Smoke detectorDid you know that smoke detectors, and not just their batteries, eventually expire? We’ve had ours “expire” in the middle of the night which is a rather frightening way to wake up!

An article from Pillar To Post Home Inspections speaks to this issue.

“Smoke alarms scan for danger millions of times in their lifespan, so eventually they wear out. Smoke alarms must be replaced every 10 years, and carbon monoxide (CO) alarms every five to seven years depending on the manufacturer. Checking the age of your system is critical, so that you don’t put new batteries into outdated alarms. These replacement rules apply whether alarms are battery powered or hand-wired.”

Here are three timely safety reminders.

1. Install smoke alarms on every storey of your home and inside bedrooms if you sleep with doors closed.
2. Never take down an alarm or remove its batteries to silence a nuisance alarm; instead install a photoelectric smoke alarm near the kitchen as they are less prone to cooking smoke.
3. If you have any fuel-fired devices or appliances (furnace, water heater, gas or wood fireplace, range or clothes dryer) or an attached garage or carport, you need to install at least one approved carbon monoxide alarm.

Beautifully Renovated and Close to Downtown Collingwood for under $300,000!

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Welcome to 429 Birch St. CollingwoodWe are seeing a trend in Collingwood, with war-time era homes being renovated and updated.  Once they hit the market post-renovation, they are ready to move into, and 429 Birch Street Collingwood is no exception to that rule!

Downtown is but a short stroll away from this stunning 1.5 storey home in the centre of town.  Thoughtfully upgraded and freshly painted, the features include a main floor master bedroom (or Fabulous Kitchenmake it the dining room if you prefer), beautifully refinished hardwood floors, and crown moulding.  The home is heated with gas heat, and has central air conditioning, for comfort year round.

The bright and open custom kitchen (new in 2014)  includes 3 new (2014) appliances, granite counter, breakfast bar, and plenty of cupboards.  The main floor laundry room  includes the washer/dryer, handy cabinetry and an entrance from the deck. Upstairs, the 2 bedrooms enjoy new broadloom (2014); and have ample knee-wall storage. The large backyard deck is just made for relaxing, overlooking a fully fenced rear yard with shed for extra storage, and a concrete drive. In 2014, the main floor has had new plumbing and electrical on the main floor, plus new water and sewer  lines to the road; plus upgrades to the insulation in the Living, Dining and Kitchen areas.

Wow.  This home is priced at $289,900.  Let’s go see it!

October 2014 Real Estate Market Recap For Collingwood, Blue Mountain and Area

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barometer  As predicted last month, the South Georgian Bay real estate market outpaced even previous record months. We have continued to see competing offers,  fast sales and motivated buyers in many segments of the market while others languish. It’s all about micro-markets.

In the six key areas we serve – Clearview, Collingwood, Grey Highlands, Meaford, Town of the Blue Mountains and Wasaga Beach, there were 138 single family homes sold compared to 135 in September and 129 in August. 49 condo units sold versus 47 in September and 39 in August. Building activity may be active next spring as we saw continued to see vacant land sales last month.

In the Town of Collingwood, there were 26 single family homes sold last month including 3 sales over $500,000. Anything over $500,000 represents the top 10% of the market. In the Town of Blue Mountain, there were 21 sales last month at an average price of $504,000. Meaford saw 12 sales, there 39 in Wasaga Beach, 31 in Clearview and 9 in Grey Highlands.

In the condominium market, there were 49 sales last month compared to 47 in September and 39 in august. There were 44 last year at this time. Year-to-date, there have been 50 more condos sold than at this time last year- a noteworthy increase of about 15%.

Strong demand means we are seeing upward pressure on housing prices in the Collingwood area.

With sales staying strong in all price bands including the upper tier, consumer confidence is solid in the real estate market. Properties that are well priced and presented are selling in a timely fashion.

In regard to inventory, there are about 125 homes for sale in Collingwood but only 13 of those are priced under $250,000. We have certainly found it has become more challenging for first time buyers to access the market with each passing month. There is a reasonable inventory of condominiums for sale In both Collingwood and Blue Mountain however strong demand means we are seeing upward pressure on some prices in certain areas.

If you are wondering if it is a good time to buy or sell, feel free to get in touch for a chat about your specific needs.

All data collected from the MLS® statistics of the Southern Georgian Bay Association of REALTORS®

Collingwood and Area Real Estate Barometer Oct. 31-Nov.6, 2014

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This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets.

Single Family Residentialbarometer
New Listings: 36 (30, 27, 31)
Average List Price: $514,825
Range of List Prices: $129,900- $3,250,000
Number of Sales: 28 (29, 26, 26)
Range of Sale Prices: $138,500 – $975,000

Condominiums
New Listings: 16 (12, 9, 7)
Average List Price: $217,269
Range of List Prices: $126,900 – $374,000
Number of Sales:  6 (6, 14, 13)
Range of Sale Prices: $153,000 – $540,000

Vacant Land
New Listings: 6 (5, 9, 5)
Number of Sales: 1 (1, 4, 3)
Range of Sale Prices: $55,000

Price Changes 32

Notables this week:

- one condo sold at it’s list price
-one single family residence sold for more than it’s list price


Note
: All statistics obtained from the Southern Georgian Bay Association of REALTORS® Real Estate Board

Collingwood and Area Real Estate Barometer Oct. 24-30, 2014

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This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford. The information was obtained from the MLS® statistics provided by the Southern Georgian Bay Association of REALTORS®. Previous week(s) in brackets.

Single Family Residentialbarometer
New Listings: 30 (27, 31, 49)
Average List Price: $551,173
Range of List Prices: $117,500 – $1,995,000
Number of Sales: 29 (26, 26, 29)
Range of Sale Prices: $152,000 – $924,000

Condominiums
New Listings: 12 (9, 7, 21)
Average List Price: $269,125
Range of List Prices: $99,000 – $550,000
Number of Sales: 6 (14, 13, 8 )
Range of Sale Prices: $125,000 – $405,000

Vacant Land
New Listings: 5  (9, 5, 5)
Number of Sales: 1  (4, 3, 3)
Range of Sale Prices: $350,000

Price Changes 35


Note
: All statistics obtained from the Southern Georgian Bay Association of REALTORS® Real Estate Board

Looking For A Large House For Sale in Collingwood?

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13 Silver Crescent Web 02

Perhaps you have a large family or maybe just lots of family and friends who like to visit. Perhaps you like to spread your wings the way I do or you just want somewhere to put everything.

Right now, there are a total of 9 homes for sale on the MLS® in Collingwood that are over 3,000 square feet in size and that are fully serviced. They range in price from $575,000 to $1,675,000. Six are century homes. Some need renovation or are in busy locations. Most range in price from $200.00 to $400.00 a square foot.

There is one that stands out from the rest. One reason is that it is my listing – ha ha. But seriously, it stands out because it is SO WELL PRICED! Consider these facts

  • It is less than 5 years old
  • At 3200 square feet in size, it’s priced at less than $180.00 a square foot!
  • It’s beautifully built with about $100,000 in luxury upgrades included
  • The 50 foot lot is perfectly and exquisitely landscaped
  • It has 4 bedrooms and, there is a full basement ready to finish if you want to add more
  • It’s located in a waterside community with access to the water and to the trails
  • The neighbourhood is pretty – not a cookie cutter subdivision
  • It’s a low traffic neighbourhood with a mix of demographics from young families to mature adults

If you are looking for a larger home in the area, then you can’t miss this one.

RE/MAX four seasons realty limited, brokerage  ♦  67 First Street Collingwood, ON L9Y 1A2  ♦  705-445-8500