real estate trends

October Market Spotlight: Huntsville & Lake of Bays

Data is collected from The Lakelands Real Estate Board for single-family detached residences, both on and off water in the Huntsville and Lake of Bays area.    WATERFRONT REAL ESTATE SALES ACTIVITY: Compared to October 2018: Increase in sales Decrease of 8% in Ave. Sale $ Fewer days on market 3% increase in list to sale price Minimum: $290,000 (2019)  | $325,500 (2018) Maximum: $2,400,000 (2019)  | $2,700,000 (2018) Median: $715,000 (2019) |  $622,250 (2018)   RESIDENTIAL REAL ESTATE SALES ACTIVITY OFF-WATER: Compared to October 2018: Slightly more in sales Decrease of 4% in Ave. Sale $ Slight decrease in…

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3rd Quarter Market Spotlight

Data is collected from The Lakelands Real Estate Board for single-family, detached residences, both on and off water in the Huntsville and Lake of Bays area. 3rd Quarter sales statistics for July, August and September 2019. WATERFRONT SALES ACTIVITY  NORTH MUSKOKA (HUNTSVILLE/LAKE OF BAYS) Minimum $ 231,000 Maximum $ 4,700,000 (Lake of Bays) Median $ 705,000 SOUTH MUSKOKA (BRACEBRIDGE/MUSKOKA LAKES/GRAVENHURST) Minimum $ 170,000 Maximum $13,900,000 (Lake Joseph) Median $ 800,000 ALMAGUIN HIGHLANDS Minimum $ 139,000 Maximum $ 1,065,000 (Lake Neighick) Median $ 445,000 OFF-WATER SALES ACTIVITY  NORTH MUSKOKA (HUNTSVILLE/LAKE OF BAYS) Minimum $ 135,000 Maximum $ 1,200,000 Median $ 385,000 SOUTH MUSKOKA (BRACEBRIDGE/MUSKOKA…

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September Market Spotlight: Huntsville & Lake of Bays

Data is collected from The Lakelands Real Estate Board for single-family residences, both on and off water in the Huntsville and Lake of Bays area.   WATERFRONT REAL ESTATE SALES ACTIVITY: Compared to September 2018: Slight increase in sales Increase of 3% in Ave. Sale $ Slightly more days on market 2% decrease in list to sale price Minimum: $355,000 (2019) $115,000 (2018) Maximum: $2,750,000 (2019) $3,900,000 (2018) Median: $762,500 (2019) $617,500 (2018)   RESIDENTIAL REAL ESTATE SALES ACTIVITY OFF-WATER:   Compared to September 2018: 50% increase in sales Increase of .8% in Ave. Sale $ Increase in Days on Market…

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August Market Spotlight: Huntsville & Lake of Bays

Data is collected from The Lakelands Real Estate Board for single-family residences, both on and off water in the Huntsville and Lake of Bays area.   WATERFRONT REAL ESTATE SALES ACTIVITY: Compared to August 2018: Slight increase in sales (25 vs 21 sales in 2018) Decrease of 6% in Ave. Sale $ Slightly fewer days on market 3% increase in list to sale price Sales Activity August 2019:  8 sales under 499K  2 sales 500k-599k  4 sales 600k-699k  2 sales 700k-799k  2 sales 800k-899k  0 sales 900k-999k  5 sales 1m-1.999M  0 sales 2m - 2.999M  1 sale 3M -3.999M  1…

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July Market Spotlight: Huntsville & Lake of Bays

Data is collected from The Lakelands Real Estate Board for single-family residences, both on and off water in the Huntsville and Lake of Bays area.   WATERFRONT REAL ESTATE SALES ACTIVITY: Compared to July 2018: Decrease in sales (25 sales in 2018) Increase of 24% in Ave. Sale $ Similar Days on Market No difference in % list to sale price Sales Activity July 2019: 6  sales under 599K 1  sale 500k-599k 2  sales 600k-699k 1  sale 700k-799k 2  sales 800k-899k 0  sales 900k-999k 2  sales 1m-1.499M 1  sale 1.5m + Take away: Contributing to the higher average sale price were…

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June Market Spotlight: Muskoka & Surrounding Area

Data is collected from The Lakelands Real Estate Association for single-family detached residences, both on and off water in the Muskoka and Almagquin area. Only data sourced from MLS is used.   WATERFRONT REAL ESTATE SALES ACTIVITY   Huntsville & Lake of Bays Area Compared to 2018: 50% decrease in number of sales Increase of 4% in average sale price 5 more days on market Sale to list price 2% higher Take away: A pretty significant decrease in the amount of monthly sales compared to 2018. Majority of sales remain in the $500K-$1M price point on the smaller and medium…

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May Market Spotlight: Muskoka & Surrounding Area

Data is collected from The Lakelands Real Estate Association for single-family detached residences, both on and off water in the Muskoka and Almagquin area. Only data sourced from MLS is used.   WATERFRONT REAL ESTATE SALES ACTIVITY   Huntsville & Lake of Bays Area Compared to 2018: Slight increase in number of sales Increase of 30% in average sale price Fewer days on market Sale to list price were close Take away: 2019 there were 5 sales over $2 million compared to 2018 where the was 1 sale over $2 million.  This impacts the average sale price.  Properties selling between…

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April Market Spotlight: Muskoka & Surrounding Area

Data is collected from The Lakelands Real Estate Association for single-family residences, both on and off water in the Muskoka and Almaguin areas. Only data sourced from MLS is used.   WATERFRONT REAL ESTATE SALES ACTVITY   Huntsville & Lake of Bays Area Compared to 2018: Decrease in number of sales Increase of 30% for average sale price year over year Slight increase in days on market Sale to price ratios were very close Breakdown: There were significantly fewer new listings in April compared to March, where 26 hit the market. It is typical that we see an influx of new…

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Our New Digs!

Welcome to 59 Main Street East Huntsville, Chestnut Park Real Estate I really cannot say enough about Chestnut Park Real Estate. They are a professional, friendly, and approachable company who truly care about their agents. This support allows us to do what we do best, and that is to deliver a high standard of service to our clients. When I first joined the company in 2011, even as a "rookie" agent I felt welcomed and supported.  Fast-forward 8 years and here we are, celebrating the opening of a new downtown location.   A little about the Chestnut Park Story Chestnut Park Real Estate…

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March Market Spotlight: Muskoka Area

Data is collected from The Lakelands Real Estate Association for single-family residences, both on and off water in the Huntsville, Lake of Bays, Bracebridge and Muskoka Lakes area.   WATERFRONT REAL ESTATE SALES ACTIVITY   Huntsville & Lake of Bays   The take away: The difference year over year in terms of average list price, is relative to the number of listings sold in a certain price point. In 2018, 6 of the 9 sales were over 900k, compared to 2019 where the 3 sales were between 500-700k. We did see a slightly higher sale to list ratio in 2019, along with fewer days…

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