May 2022 Muskoka Market Recap

MAY 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 Realtors®

WATERFRONT HUNTSVILLE/LAKE OF BAYS (NORTH MUSKOKA)

The highest waterfront sale was $5,000,000 on Lake of Bays with 34* days on market. Sold for 100.10% of list price.

*It was listed in 2021 for just under 6M with 163 days on market)

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

The highest off-water residential sale was $1,400,000 in Huntsville, 6 days on market selling for 116.68% of list price.

There were a total of 6 sales over 1M with an average 26 DOM and sold for an average 103.36% of list price.

WATERFRONT SOUTH MUSKOKA (Bracebridge/Gravenhurst/Muskoka Lakes)

The highest recorded sale was $6,450,000 on Lake Joe, 7 days on market selling for 99.31% of list price.

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

The highest sale off-water sold for $1,303,000 in Bracebridge, 6 days on market selling for 131% of list price.

There were a total of 11 homes selling for over 1M, averaging 5 days on market and selling on average, 110% of list price.

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