Georgian Triangle Real Estate Market Barometer: April 24th to 30th, 2009

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. For this week (previous three week’s numbers are in brackets):

Single Family Residentialbarometer

• New Listings:  47 (50, 49, 53)
• Average List Price:  $329,167.87
• Range of List Prices:  $139,000 – $890,000
• Number of Sales:  24 (24, 17, 25)
• Range of Sale Prices:  $120,000 – $837,000

Condominiums

• New Listings:  14 (5, 12, 22)
• Average List Price:  $267,178.57
• Range of List Prices:  $115,900 – $635,500
• Number of Sales: 10 (5, 2, 5)
• Range of Sale Prices:   $122,500 – $284,000

Vacant Land

• New Listings:  6 (5, 6, 16)
• Number of Sales:   2 (2, 1, 0)
• Range of Sale Prices:  $107,900 – $136,000
Number of Prices Changes All Types (down or up):   47

Items of Note for this week:

• 2 single family residential listings sold AT their list price.
• Condo sales really jumped this week!
• 2 condo listings sold AT their list price.  (Both were in Lighthouse Point.)
• 1 vacant land listing sold AT its list price.

Are you wondering how much real estate prices have really declined?  Then have a look at this interesting post written by Toronto Broker, John Pasalis over at the Move Smartly blog.  He does an excellent job of detailing the  most recent information put out by the Teranet National Bank House Price Index.


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This entry was posted by Marg on Sunday, May 3rd, 2009 at 7:49 am and is filed under Market Conditions. 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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