Georgian Triangle Real Estate Market Barometer: August 28th – September 3rd, 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:  71 (47, 39, 59)
• Average List Price: $417,936
• Range of List Prices: $129,500 – $2,650,000
• Number of Sales: 34 (28, 37, 24)
• Range of Sale Prices: $90,000 -$575,000

Condominiums
• New Listings: 18 (11, 16, 16)
• Average List Price: $292,588
• Range of List Prices: $104,900 – $689,900
• Number of Sales: 8 (8, 10,10)
• Range of Sale Prices:  $104,000 – $275,000

Vacant Land
• New Listings:  13 (14, 8, 13)
• Number of Sales: 1( 5, 1,1)
• Range of Sale Prices: $65,000

Number of Prices Changes All Types (down or up): 49
 
Items of Note this period:
• Three single family homes sold above their list price, 2 at list and many very close which shows a narrowing in the gap between the asking and selling price percentage this week

There is a big jump in the number of new listings this week.  Is it because summer holidays are over?  Are people preparing for a strong fall market?  I think Sellers who have been waiting to sell are jumping back into the market now after seeing a recovery underway.


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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, September 5th, 2009 at 8:31 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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