Are You Wondering How the 2008 Georgian Triangle Real Estate Market Is Doing So Far?

horserac.jpgMe too although I also know that at this point in the year, predicting sales trends is like predicting the winner of a horse race.  Nonetheless. with just 18 days having passed since we left the post, it’s fun to see which areas are off to the fastest start.

As a reminder to you, the Georgian Triangle area includes Collingwood, Wasaga Beach, Clearview, Town of the Blue Mountains, Meaford and Grey Highlands and, all MLS® data and/or statistics have been obtained only from the Georgian Triangle Real Estate Board.

So far in 2008, there have been six condo units sold in the Georgian Triangle which is exactly how many had sold at this point in 2007.  The surprise though is in single family homes which are up 40% with 42 homes sold on the Multiple Listings Service (MLS®) to date versus 30 at this time last year.  I also know from visiting local new homes sales offices that, at least in a few cases, sales have also been brisk this month.

Much of the gain so far this year has been in the Town of Blue Mountains with 9 MLS® sales this year compared to 3 at this point in 2007.  Each community has gained except Wasaga Beach which is more or less on par.

Of course it is far too early in the year to predict how the year will unfold just as the first lap in a horse race is not an indicator or which horse will win.  It is nice to know though that consumers are showing strong confidence in our Georgian Triangle real estate market.

Related Posts:

Collingwood and Area Real Estate Market Predictions

2008 Real Estate Market Outlook

Ready When You Are!  When it’s time to buy or sell real estate in the Collingwood, Blue Mountain or Georgian Triangle area, contact Marg; an experienced and competent Broker who’s ready whenever you are.

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About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Saturday, January 19th, 2008 at 4:01 pm and is filed under Blue Mountains, Buying Real Estate, Collingwood Real Estate, Market Conditions, Meaford, Selling Real Estate, Wasaga Beach. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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