Muskoka Market Update (December 2021)

Share
  • December 2021 Residential Sales -14% on non-waterfront properties and -40% on waterfront listings year over year.
  • Sales in the Condo sector remained unchanged in the non-waterfront sector and down -62% in the waterfront sector this December over last.
  • New Listings coming to market are still slow, continuing the Seller’s Market environment with less choice for Buyers this December over last.
  • New Residential Listings are down -8% on non-waterfront properties and -37% on waterfront properties compared to December 2020.
  • Listings priced competitively continue to sell between 15-64 days on market. (median figure)
  • Average Residential sale price was up 43% (non-waterfront) and down -6%(waterfront) year over year
Muskoka Market Update Video for December 2021

Muskoka Residential Areas – Median Sales Price:

Bracebridge

Detached not on water – $761,575

Detached on water – $1,495,000

Gravenhurst

Detached not on water – $680,000

Detached on water – $1,306,000

Huntsville

Detached not on water – $625,000

Detached on water – $837,500

Lake of Bays

Detached not on water – $672,500

Detached on water – $1,200,888

Muskoka Lakes

Detached not on water – $618,000

Detached on water – $1,800,000

❓Have you been thinking about moving?

❓Wondering what your home is worth today with the rising prices?

❓Wondering if now is a good time to make a move?

❓Perhaps you’ve been searching for that one-of-a-kind property, but just can’t find it?

We can help answer your questions, provide you with a Free Home Valuation and help you find that perfect property.

Click here to see the Latest Listings or receive a Free Home Evaluation and sign up for our monthly newsletter to receive the latest real estate news and the next Muskoka market update!

SHARE THIS ARTICLE

SHARE
TWEET
EMAIL

LATEST POSTS

July 2023 Market Update

Home sales continued to be above last year’s levels in July, which suggests that many households have adjusted to higher borrowing costs. With that being

READ MORE »

SUBSCRIBE TO OUR NEWSLETTER

To see even more great articles like this delivered straight to your email, consider signing up for our exclusive newsletter below!

Get News & Updates

Would you like weekly or monthly real estate updates?