SOUTHERN GEORGIAN BAY & AREA REAL ESTATE
rick's Blog
Real Estate and Other News Affecting You!
2nd QTR 2023 Condominium Sales
After robust sales in 2020, 2021 & a brisk start to 2022, MLS® condominium sales in the Southern Georgian Bay area have softened, due largely to higher interest rates and inflationary pressures. June 2023 Year-To-Date (YTD) MLS® condo sales of 171 units are 37...
Luxury Home Sales Significantly Weaker in 2023
Through 2020 into early 2022, luxury home & condominium sales, those priced over $1 million played a dominant role in driving MLS® sales volume across the Southern Georgian Bay region. As with the market overall, luxury sales softened in 2022 and this trend has...
Southern Georgian Bay Real Estate Sales Rebound in 2nd Quarter
While MLS® sales across the Southern Georgian Bay area in the 2nd quarter increased significantly from one year ago, it is nonetheless far too early to say that the real estate downturn is over and the market has fully recovered. MLS® dollar sales in June of $202.5...
Southern Georgian Bay Real Estate Sales Post a Slight Increase in May.
While real estate activity across the Southern Georgian Bay area continues to remain well below 2022, MLS® sales in May did show an improvement from one year ago. For the year, MLS® unit & dollar sales are down especially in the upper price ranges from $800,000...
Key Real Estate Market Information You Need To Help You In This Shifting Market
For those of us in the real estate profession as well as consumers, it comes as no surprise that the 2023 real estate market is vastly different from the one we experienced in 2020, 2021 and in the 1st Quarter of 2022. As covered in my April Market Report,...
Southern Georgian Bay MLS® Dollar Sales Down 36% in April vs 2022
Real estate activity across the Southern Georgian Bay area continues to remain well below 2022. While MLS® unit and dollar sales are down especially in the upper price ranges over $1 million, The number of new listings has been on the increase. In reviewing the major...
Get In Touch
Direct: 705-443-1037
rcrouch@sothebysrealty.ca
Office: 705-416-1499