October Market Spotlight: Huntsville & Lake of Bays

Market Updates

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 days on market
  • Slight decrease in sale to list price

Minimum: $143,000 (2019) | $100,000 (2018)

Maximum: $765,000 (2019) | $935,000 (2018)

Median:  $363,000 (2019) | $325,000 (2018)