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Collingwood – Blue Mountain Real Estate Market Year Summary 2016

Posted by SellingCollingwood on January 9, 2017
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Southern Georgian Bay Association of Realtors®
Western Region

 

2016 – Another Record Setting Year

The Southern Georgian Bay Western region 2016 real estate market ended another record setting year. The number of unit sales were up 15.3% over 2015 and the dollar volume broke the BILLION dollar barrier – up by 28.9% closing out at $1,037,827,103 (compared to 2015 at $804,882,436).  The number of new listings were down by -9.5% from 4339 (December 2015) to 3928. The monthly sales to listing ratio for 2016 was 70.01% compared to 54.99% over 2015.

The number of sales by price range saw the largest increase in the price range of $900,000 to $999,999, up 93.3%  from 15 units in 2015 to 29 unit sales in 2016. The $1 million to 2 million and $500,000 to $599,999 ranges both followed with 75.% over 2015 unit sales.

Number of Units Sold by Price 2016 2015 % Change
Year Year
Under $200,000 541 566 -4.42%
200,000 – $299,00 700 735 -4.76%
300,000 – $399,000 633 524 20.8%
$400,00 – $499,000 362 234 54.7%
$500,000 – $599,999 188 107 75.7%
$600,000 – $699,000 119  80 48.75%
$700,000 – $799,999  52  45 15.5%
$800,000 – $899,999  44  32 37.5%
 $900,000 – 999,999  29  15 93.3%
1,000,000 – 1,999,999 68 39 74.35%
2,000,000 – 2,999,999 12 9 33.33%
3,000,000+ 2 0

Residential (Single Family) 2016 Totals

Clearview

  • # Listings 300 – up 6.76% (2015 – 281)
  • # of Sales – 209 Units, up 32.3% (2015 – 158)
  • 12 Month Average Price $486,144 up 34.1%(2015 – $362,513)
  • Monthly Sales to Listing Ratio 70% (2015 56%)

Collingwood

  • # Listings 459 – down -8.2% (2015 – 500)
  • 381 Units, up 5.8% (2015 – 360)
  • 12 Month Average Price $440,176 up 19% (2015 – $339,818)
  • Monthly Sales to Listing Ratio 83% (2015 -72%)

Grey Highlands

  • # Listings 116 – down -9.37% (2015 – 128)
  • 71 Units, up 18.3% (2015 – 60)
  • 12 Month Average Price $480,736 up 20.1%  (2015 – $400,128)
  • Monthly Sales to Listing Ratio 61% (2015 – 47%)

 

Municipality of Meaford

  • # Listings 215 – down -19.17% (2015 – 266)
  • 166 Units, up 19.4% (2015 – 139)
  • 12 Month Average Price $351,115 up 13.1% (2015 – $310,564)
  • Monthly Sales to Listing Ratio 77% (2015 – 52%)

The Blue Mountains

  • # Listings 337 – down -50% (2015 – 407)
  • 213 Units, up 3.4% (2015 – 206)
  • 12 Month Average Price $666,609 up 7.5% (2015 – $620,085)
  • Monthly Sales to Listing Ratio 63% (2015 – 51%)

Wasaga Beach

  • # Listings 746 – down -16.92% (2015 – 898)
  • 643 Units, up 13.2% (Dec. YTD 2015 – 568)
  • 12 Month Average Price $355,595 up 13.9% (2015 – $312,207)
  • Monthly Sales to Listing Ratio 86% (2015 63%)

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