November Market Spotlight: Huntsville & Lake of Bays
Market UpdatesData 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 November 2018:
- Increase of 23% in Ave. Sale $
- Slightly fewer NEW Listings
- Fewer sales
- More average days on market
- 2% decrease in list to sale price
Minimum: $450,000 (2019) | $279,000 (2018)
Median: $825,000 (2019) | $437,750 (2018)
Maximum: $1,270,000* (2019) | $2,500,000 (2018)
( $1,270,000*) was on Lake Vernon.
RESIDENTIAL REAL ESTATE SALES ACTIVITY OFF-WATER:
Compared to November 2018:
- Decrease of .7% in Ave. Sale $
- Fewer NEW listings
- Fewer sales
- Fewer days on market
- 1% increase in sale to list price
Minimum: $190,000 (2019) | $115,000 (2018)
Median: $380,000 (2019) | $392,450 (2018)
Maximum: $750,000 (2019) | $719,000 (2018)
If you have questions about a specific area in Muskoka contact me directly at [email protected]