Georgian Triangle Real Estate Market Barometer: January 30th – February 5th, 2009

Before we look at this weeks statistics, I thought we could all use a little feel good news.  My friend Rob over at Scenic Caves sent me this link to an article in the Financial Times newspaper which he also says happens to be the second most read newspaper in the world.  (He’s very astute and knows about these things.  Just one more reason I adore him!)

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 week’s numbers are in brackets):

Single Family Residential
• New Listings:  39 (42, 41, 66)barometer
• Average List Price:  $393,582.05  
• Range of List Prices:  $149,900 – $1,550,000 
• Number of Sales:  12  (4, 7, 4)
• Range of Sale Prices:  $141,500 – 602,500

Condominiums
• New Listings:  12  (9, 9, 14)
• Average List Price:  $246,900  
• Range of List Prices:  $125,500 – $629,000 
• Number of Sales:  0   (0)
• Range of Sale Prices:   n/a
• 
Vacant Land
• New Listings:  6   (7, 13, 14)
• Number of Sales: 1   (0)
• Range of Sale Prices:  $70,000. 

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

Items of Note:

1. Sales really climbed this week and, of the 12 sales above, one home sold for more than it’s asking price and two sold at their asking price.  Of these three sales, 2 were under $200,000 and in Collingwood, and one was under $300,000 in Wasaga Beach.

2. Since the beginning of 2009, there have only been 4 sales over $500,000 reported in these areas.  Three of these sales were in January and one in February 2009, with sale prices ranging from $510,000 to $635,000.

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 Friday, February 6th, 2009 at 10:58 am and is filed under Local News and Current Events, 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.

One Comment

  1. Norm Fisher says:

    Marg,

    These weekly updates are a very nice addition to your regular efforts here. Thanks for taking the time.

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