The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings:  61 (35, 40, 40)
Average List Price: $ 391,936
Range of List Prices: $119,900 – $1,595,176
Number of Sales:   20 (14, 18, 19)
Range of Sale Prices: $170,000 – $834,900

Condominiums
New Listings:  22 (13, 11, 16)
Average List Price:  $282,673
Range of List Prices: $124,900 – 599,900
Number of Sales:   6 (6, 3, 5)
Range of Sale Prices: $124,900 – $569,000

Vacant Land
New Listings:     8 (10, 9, 10)
Number of Sales: 3 (0, 2, 0)

Items to Note:  There was a real uptick in new listings this week and also in single family residential sales.  Has the sunshine brought an early spring market start?

Real estate activity in February in Collingwood, Blue Mountain and area continued to show recovery over the picture we saw one year ago.

Sales in the Georgian Triangle in February, 2010 were up 39% compared to the same month last year when we were in the depth of the recession.  There were 107 sales of all types reported in our area in February but this was still well below the 139 sales reported in the same month in 2008.  The number of new listings for the month declined by 13% over a year ago with 347 new listings in February.

The 12 month average, residential sale price is returning to 2008 levels in most areas and is now higher in Wasaga Beach and Collingwood than it was in 2008.  Condominium sales continue to show a sharp rise compared to the previous two years. There have been 43 condos sold in the first two months of 2010 with an average sale price of $228,869 compared to just 22 sales in the same period last year with an average sale price just under $195,000. These sales occurred across our area in all price ranges and follow the pattern of buyers moving to condominium living being reported in larger urban centres.

Despite what we hear in media reports about an over-heated market, you can see by the data below that we have not rebounded fully from the depths of last years recession.  We are certainly in a much improved position but, with the exception of condominiums, we have not recovered to 2008 pre-recessionary levels.
 
The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board.  The first number is for February 2010 with February 2009 and 2008 results in brackets:

Total Number of Sales in all areas reported:  107 (77, 139)
Total # of new listings in all areas reported: 347 (398, 402)
# Active Listings as of February 28: 1770

The following data is limited to  Collingwood, Clearview, Grey Highlands, Meaford, Blue Mountains and Wasaga Beach areas only:
 
February Single Family Residential Sales:  71 (52, 82)
YTD Single Family Residential Sales 115 (77, 154)
12 mos. Average Sale Price:  $297,657 ($285,069, $315,598 )
YTD Sales-to-Listings Ratio: 28% (18%, 37%)
YTD Condo Sales:  43 (22, 35)
YTD Farms Sold:  2 (1, 4)
YTD Vacant Land Sold:  10 (5, 24)
YTD Commercial Sold: 5 (6, 6)

A number of factors are at play in the market.  The number of new listings has stayed low and if this continues, we will see upward pressure on prices.  We are hearing more talk of new listings coming online as sellers try to beat the introduction of the HST on July 1st.  New mortgage rules that come into effect on April 17th may also cause a minor uptick in buying activity as does the ongoing fear of rising interest rates.  Signs would currently point to an expected strong spring market.

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 35 (40, 40, 37)
Average List Price: $463,754.29
Range of List Prices: $175,000 – $3,200,000
Number of Sales: 14 (18, 19, 15)
Range of Sale Prices: $105,250 – $650,000

Condominiums
New Listings: 13 (11, 16, 14)
Average List Price: $274,907.69
Range of List Prices: $142,500 – $539,000
Number of Sales:  6 (3, 5, 7)
Range of Sale Prices: $152,500 – $440,000

Vacant Land
New Listings:  10 (9, 10, 17)
Number of Sales: 0 (2, 0, 1)

Number of Prices Changes All Types (down or up): 24

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 40 (40, 37, 40)
Average List Price: $484,065
Range of List Prices: $157,500 – 1,950,000
Number of Sales: 18 (19, 15, 14)
Range of Sale Prices: $145,000 – $625,000

Condominiums
New Listings: 11 (16, 14, 13)
Average List Price: $226,474
Range of List Prices: $87,900 – $459,900
Number of Sales: 3 (5, 7, 6)
Range of Sale Prices: $280,000 – $538,000

Vacant Land
New Listings: 9 (10, 17, 13)
Number of Sales: 2 (0, 1, 1)
Range of Sale Prices: $90,100 – $326,250

Number of Prices Changes All Types (down or up): 15

Items of Note:
One Vacant Land listing sold ABOVE it’s list price, and one Single Family Residence sold AT it’s list price.

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 40 (37, 40, 64)
Average List Price: $408,104.75
Range of List Prices: $139,000 – $1,450,000
Number of Sales: 19 (15, 14, 9)
Range of Sale Prices: $134,000 – $775,000

Condominiums
New Listings: 16 (14, 13, 21)
Average List Price: $248,925
Range of List Prices: $114,500 – $459,000
Number of Sales: 5 (7, 6, 5)
Range of Sale Prices: $115,000 – $350,000

Vacant Land
New Listings: 10 (17, 13, 9)
Number of Sales: 0 (1, 1, 2)
Range of Sale Prices: $0

Number of Prices Changes All Types (down or up): 30

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 37 (40, 64, 51)
Average List Price: $392,457.08
Range of List Prices: $166,999 – $1,250,000
Number of Sales: 15 (14, 9, 13)
Range of Sale Prices: $156,500 – $385,000

Condominiums
New Listings: 14 (13, 21, 12)
Average List Price: $192,778.57
Range of List Prices: $79,900 – $419,000
Number of Sales: 7 (6, 5, 5)
Range of Sale Prices: $105,000 – $185,000

Vacant Land
New Listings: 17 (13, 9,14)
Number of Sales: 1 (1, 2, 1)
Range of Sale Prices: $175,000

Number of Prices Changes All Types (down or up): 14

Items of Note:
One single family residence sold AT it’s list price, and one sold OVER it’s list price.

I know it will not be a surprise to you to learn that real estate sales in Collingwood, Blue Mountain and area last month presented a far rosier picture than we saw one year ago.

Sales in the Georgian Triangle in January, 2010 were up 56% over the same period last year when we were in the depth of the recession.  There were 81 sales reported for January 2010 and 455 new listings representing a decline a just 2% over 12 months ago.

Sales in units have not yet returned to 2008 levels however, the 12 month average sale price continues to climb.  Of particular interest is the number of condominium sales last month which showed a sharp rise compared to the previous two years.  These sales occurred across our area in all price ranges and follow the pattern of buyers moving to condominium living being reported in larger urban centres.

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board.  The first number is for January 2010 with January 2009 and 2008 results in brackets:

Total Number of Sales in all areas reported:  81 (52, 111)
Total # of Listings in all areas reported:  455 (462, 454 )
# Active Listings as of January 31: 1695

Single Family Residential Only
(Data is limited to  Collingwood, Clearview, Grey Highlands, Meaford, Blue Mountains and Wasaga Beach areas only):
 
Single Family Residential Sales:  44 (25, 69 )
Average Sale Price:  $293,377 ($290,483, $312,779 )
Sales-to-Listings Ratio: 20% (12%, 33% )

# Condo Sales:  23, (8, 19 )
# Farms Sold:  0
# Vacant Land Sold:  5
# Commercial Sold: 2

Market conditions are much improved over last year and all bets are on this trend continuing through the traditional spring market months as people act to avoid the HST coming into effect on July 1, 2010.

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 40 (64, 51,40)
Average List Price: $525,510.48
Range of List Prices: $124,900 – $2,700,000
Number of Sales: 14 (9, 13, 2)
Range of Sale Prices: $113,000 – $480,000

Condominiums
New Listings: 13 (21, 12, 16)
Average List Price: $217,553.85
Range of List Prices: $129,900 – $415,000
Number of Sales: 6 (5, 5, 3)
Range of Sale Prices: $106,000 – $512,000

Vacant Land
New Listings: 13 (9,14, 23)
Number of Sales: 1 (2, 1, 0)
Range of Sale Prices: $27,000.

Number of Prices Changes All Types (down or up): 22

Items of Note:

-the Average List Price (Single Family) may seem high due to 4 properties being listed during this time period between $1,000,000 and $2,700,000
-one vacant land listing sold for more than it’s list price
-one single family residence sold at  it’s list price

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings: 64 (51,40)
Average List Price: $513,117.72
Range of List Prices: $149,000 – $3,000,000
Number of Sales: 9 (13, 2)
Range of Sale Prices: $203,000 – $675,000

Condominiums
New Listings: 21 (12, 16)
Average List Price: $317,680.48
Range of List Prices: $159,900 – $785,000
Number of Sales: 5 (5, 3)
Range of Sale Prices: $132,500 – $250,000

Vacant Land
New Listings: 9 (14, 23)
Number of Sales: 2 (1, 0)
Range of Sale Prices: $139,000 – $360,000

Number of Prices Changes All Types (down or up): 27

Items of Note:

- the number of new listings could seem skewed due to a number of re-listed listings at the beginning of the year
- the Average List Price (Single Family) may seem high due to 5 properties being listed during this time period between $1,000,000 and $3,000,000

The following information was obtained from the MLS® statistics provided by the Georgian Triangle Real Estate Board. They include a summary of data for the following areas only: Collingwood, Wasaga Beach, Blue Mountain, Clearview, Grey Highlands and Meaford. Previous week(s) are in brackets.

Single Family Residential
New Listings:  51 (40)
Average List Price: $477,568.42
Range of List Prices: $159,900 – $2,400,000
Number of Sales:  13 (2)
Range of Sale Prices: $150,000 – $465,000

Condominiums
New Listings:  12 (16)
Average List Price: $227,425
Range of List Prices: $85,900 – $479,900
Number of Sales:  5 (3)
Range of Sale Prices: $119,000 – $300,000

Vacant Land
New Listings:  14 (23)
Number of Sales:  1 (0)
Range of Sale Prices: $190,000

Number of Prices Changes All Types (down or up): 22

Items of Note:

One single family residential dwelling sold at it’s list price.