If you are looking to sell or buy a Muskoka property, here’s a good starting point. Below is a 2019 Q2 market update for Muskoka residential real estate.
The residential market in Muskoka continues to show an increase in average sale price year over year. Inventory levels are fairly consistent as well are the number of units sold.
If you have questions, we’re here to help.
Residential (Bracebridge, Gravenhurst, Huntsville)
Year to Date Unit Sales 2019 vs. 2018
2018 (January – June) – 314 Sales
2019 (January – June) – 306 Sales
Change -2.5%
Year to Date Unit Sales 2019 vs. 2017
2017 (January – June) – 565 Sales
2019 (January – June) – 306 Sales
Change -45.8%
Residential (Bracebridge, Gravenhurst, Huntsville)
Residential (Bracebridge, Gravenhurst, Huntsville)
2019 YTD Average Sale Price (January – June)
Residential (Bracebridge, Gravenhurst, Huntsville)
The market continues to increase with fewer reductions in listing price in order to sell a residential home. Pricing your property right the first time will net you more in the end.
Sold to List Price
Sold to Original List Price
Residential (Bracebridge, Gravenhurst, Huntsville)
Average Days on Market
Residential (Bracebridge, Gravenhurst, Huntsville)
Bracebridge
Gravenhurst
Huntsville
Residential (Bracebridge, Gravenhurst, Huntsville)
New Listings Year to Date – 2019 vs. 2018
2018 (January – June) – 489 New Listings
2019 (January – June) – 470 New Listings
Change -3.9%
Overall the Muskoka Residential Real Estate Market is relatively strong, with the number of buyers exceeding the number of homes on market, therefore we are still in a seller’s market. 2019 average sale price up year-over-year to $396,052. The slightly inventory levels also contribute to the rising average price, as purchasers have to choose a home from the current low inventory. Days on Market and Sale to List Price Ratios have weakened slightly, but nothing significant.
Download the complete market update in PDF format.
These summaries of the Muskoka real estate market were put together with data provided by The Lakelands Association of Realtors.