February 2012 Real Estate Market Recap For Collingwood, Blue Mountain and Area

The momentum in our local real estate market continued last month with the highest level of sales in any February since 2008.  In my own little world here that spans about two square feet around my desk and computer, I can tell you that we’ve had a record number of enquiries from potential purchasers – far more than I think I’ve ever seen in a February in the last decade or more.

The Georgian Triangle area includes the communities of Clearview, Collingwood, Blue Mountain, Wasaga Beach, Grey Highlands, Meaford and surrounding areas such as Tiny, Springwater and Mulmur Townships to an extent.

Here are the highlights for our February real estate market:

NEW LISTINGS:  The number of new listings this month were close to the same as in January.  There were 503 properties listed for sale last month compared to 433 in February 2011; a 16% increase. There are currently 1981 active listings for sale on the Georgian Triangle MLS® system.

FEBRUARY SALES:
There were 128 sales in February; an increase of 23% over January and, 9.4% more than in February 2011. The 128 sales included 119 residential units of which 16 were condominiums.

The most active RESIDENTIAL price ranges were as follows:
$150,000 – $249,999 (44 sales)
$250,000 – $349,999 (34 sales)
$350,000 – 499,999 (18 sales)
There were 9 sales over $500,000 including 3 sales over $1 million.

Breakdown of  Residential Single Family Activity in Key Areas (Feb 2011 in brackets)

 

 

 

 

 

 

 


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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 Sunday, March 4th, 2012 at 5:04 am and is filed under Blue Mountains, Clearview Township, Collingwood Real Estate, Georgian Triangle - South Georgian Bay, Market Conditions, Meaford, Wasaga Beach. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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