2021 Muskoka Cottage Real Estate Market
Thank you for checking out the year in review on the Muskoka cottage real estate market! It was another record-breaking year in Muskoka real estate. Since the beginning of 2021, we have seen an extreme demand for cottages in Muskoka, and with low inventory, the market is strongly tilted toward the seller’s advantage. Inventory continues to decrease year over year and in 2021 Muskoka cottage listings were down 20%. Also noticeable that units sold have also declined by 27.4% due to the lower inventory and increasing prices, making cottages unaffordable for many. The average sale price on the other hand is up waterfront cottages 22.1% year over year. Average days to sell dropped 28 days this year from 51 days to 23 days.
To have your existing Muskoka waterfront cottage professionally staged, photographed, listed, and SOLD please feel free to contact the Aben Team.