Interview with BNN Bloomberg – October 17th, 2023 Watch Video on BNN Bloomberg… Residential non-waterfront sales activity recorded through the MLS® System for the Lakelands region totaled 307 units in October 2023. This was a large decline of 16.3% from the same period in 2022. Residential non-waterfront sales were 40.6% below the five-year average and 40.6% below the 10-year average for the month of October. On a year-to-date basis, residential non-waterfront sales totaled 3,738 units over the first 10 months of the year. This decreased by 8.2% from the same period in 2022. Sales of waterfront properties numbered 105 units in October 2023. This was a sizable gain of 15.4% (14 sales) from the same period in 2022. Waterfront sales were 29.1% below the five-year average and 30.6% below the 10-year average for the month of October. Property Sales – Entire Lakelands Board Property Sales for Lakelands Board Year over Year Muskoka Waterfront Property Sales – Over $3,000,000 Home and Cottage Sales On a year-to-date basis, waterfront sales totaled 1,019 units over the first 10 months of the year. This decreased by 4.6% from the same period in 2022. The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $707,300 in October 2023, falling by 1.2% compared to October 2022. The benchmark price for single-family homes was $737,200, down only 0.4% on a year-over-year basis in October.… In September 2023, the residential non-waterfront real estate market in the picturesque Muskoka region remained steady, with 354 units sold through the MLS® System. This figure mirrored the sales volume recorded during the same period in 2022. However, it's worth noting that residential non-waterfront sales were 32.7% below the five-year… August 2023 showcased robust activity in the residential non-waterfront real estate market within the Lakelands region, with a notable uptick of 16.5% compared to the corresponding period in 2022. However, it's worth noting that residential non-waterfront sales were still 26.7% below the five-year average and 26.1% below the 10-year average… In July 2023, the MLS® System captured a vibrant snapshot of the region's real estate activity, showcasing a total of 406 units sold. This marked a remarkable growth of 24.9% compared to the same period in 2022. While the residential non-waterfront segment demonstrated an upward trajectory, recording increased sales activity… Burks Falls Waterfront Farm for Sale If you've ever dreamed about developing a riverfront property into a waterfront homestead then this might be exactly what you're looking for. With 175 picturesque acres and the Magnetawan River winding through it there are so many possibilites. There's about 50 cleared acres of… M.L.S.® #40466684 Located in the in the heart of Lake Of Bays, this move-in ready bungalow sits nestled on 36 beautiful acres just 2 minutes from the beach. The forest is predominantly hardwood with ample sugar maple for tapping. Hiking trails wind throughout this property which is currently on the… The Lakelands region's real estate market showed positive signs in June 2023, with an increase in residential non-waterfront sales activity compared to the same period in 2022. A total of 490 units were sold, representing a significant 23.7% growth. However, despite this increase, residential non-waterfront sales remained 17.2% below the… As summer 2023 comes into full swing a few real estate trends seem to becoming more apparent. With financing becoming more difficult, both demand and listing numbers for cottages in the lower price ranges is becoming very soft. After peaking in summer 2021 there has been a steady decline in… The Lakeland Real Estate Board published the May 2023 statistics and there were no surprises for any local Realtors® who keep a close eye on the market. As we have been monitoring web traffic on our sites it's obvious that there are far less people searching for properties than in… Property Information | MLS # 40427942 This beautiful building lot is located just 10 minutes from the quaint village of Magnetawan in the heart of cottage country. With a perfect mix if gently rolling cleared land and mature forest, this 11.1 acre parcel has several great building sites. The cleared… In April 2023, the MLS® System recorded a total of 442 residential non-waterfront sales in the vibrant Lakelands region. However, this figure reflected a significant decline of 17.5% compared to the same period in 2022. For the month of April, residential non-waterfront sales were 11.2% below the five-year average and… New Property Listing This in town lot is located on a municipally maintained, dead end road in the village of Magnetawan. Just over a 1/2 acre in size with slight elevation, this property is within walking distance of the village post office, shops and dining. Public boat launches with access… Lake Rosseau, along with Joe & Muskoka, have historically been good bell weathers for the cottage market throughout the region. With this in mind we thought an in-depth look at where the current real estate numbers point would give us a good sense of what might becoming. We'll go back…JUST ADDED
BNN Interview with John Fincham: Pandemic cottage buyers struggling to sell
Muskoka Real Estate | October 2023 Update
Muskoka Real Estate – September 2023 Update
Muskoka Real Estate August 2023 Update
Muskoka Real Estate | July 2023 Update
Magnetawan River Home for Sale – 365 North Pickerel Lake Road Burks Falls
Lake of Bays Home for Sale – 1083 Ideal Road
Muskoka Real Estate | June 2023 Update
Muskoka Cottages for Sale | The Market Gyration Continues
Muskoka Real Estate | May 2023 Update
Building Lot for Sale – 2899 Midlothian Road Magnetawan
Muskoka Real Estate | April Update
Magnetawan Lot for Sale | MLS # 40417970
Lake Rosseau Real Estate – Spring 2023 Market
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