February 2022 Muskoka Market Recap

Market Updates

FEBRUARY MUSKOKA MARKET RECAP

All data collected here is representative of single family detached dwellings both on and off water in the South Muskoka and North Muskoka areas.

Collected from The Lakelands Association of RealtorsĀ®

 

WATERFRONT HUNTSVILLE/LAKE OF BAYS (NORTH MUSKOKA)

The highest waterfront sale was $2,725,000 on Lake Vernon (Hunters Bay), 112 days on market selling for 97% of list price.

 

OFF WATER RESIDENTIAL HUNTSVILLE/LAKE OF BAYS (NORTH MUSKOKA)

The highest off-water residential sale was $1,800,000 in Huntsville, 2 days on market selling for 100% of list price. List to sale ratios are actually up from the same time last year demonstrating the high demand and competitive nature.

 

WATERFRONT SOUTH MUSKOKA (Bracebridge/Gravenhurst/Muskoka Lakes)

The highest recorded sale was $4,000,000 on Lake Muskoka, 30 days on market selling for 93% of list price.

 

OFF WATER RESIDENTIAL SOUTH MUSKOKA (Bracebridge/Gravenhurst/Muskoka Lakes)

The highest sale off-water sold for $1,525,648 in Bracebridge, 6 days on market selling for 95% of list price.

 

Any questions about the market specific to your area, please don’t hesitate to reach out.