May 2021 Muskoka Waterfront Real Estate Market Update
Welcome, thank you for checking out the Muskoka waterfront real estate market update for May 2021.
Through the month of May we see signs of the real estate market slightly slowing. With the increased stress test rolling out this will be a first step in cooling the hot real estate market in Ontario. The confidence of some sellers is apparent as the listed to sold price ratio still sits above 100% at 107.8% YTD. Looking at the ratio between number of new listings vs number of sales, the ratio is 68.4% showing a slight decline (~15%) in the severity of the sellers market since the beginning of 2021, good news for buyers! Below are graphs comparing market activity in the Muskoka waterfront market, we compare Year over Year changes and Year to Date changes.
The Aben Team and all members are strongly committed to providing the safest environment and following all protocols to protect and respect our clients, and the clients of other realtors buying and selling real estate in Muskoka during these uncertain times.
If it is time to list your property, trust The Aben Team to have your home professionally staged, professionally photographed, listed, and sold. Looking at Days on market averages from the previous year, The Aben Team’s listings have sold on average 52% quicker than average.
If you are in the market for purchasing/investing in the Muskoka area in the future we would be happy to connect and have a conversation about the market and your unique situation. For the most up to date information on the area feel free to reach out anytime.
If considering selling or buying Muskoka Real Estate, reach out anytime.
John Aben, Broker — email@example.com or call 705-788-4770.
Mark Aben, Broker — firstname.lastname@example.org or call 705-788-4388.