Below is how the big lakes in Muskoka are fairing YTD. Unit sales down, but average price still on the rise. In 2018 there were 90% more cottages sold in the $2MM-$3MM price range and average days on market has decreased by five days from 64 to 59 days on average.
Lake Joseph, Lake Rosseau, Lake Muskoka, Lake of Bays, Fairy Lake, Lake Vernon, Peninsula Lake, Mary Lake
Lake Joseph
2017 – 39,203,000
2018 – 14,558,125
% Chg – Dn 62.9%
Lake Rosseau
2017 – 27,177,000
2018 – 26,256,500
% Chg – Dn 3.4%
Lake Muskoka
2017 – 98,250,250
2018 – 65,295,500
% Chg – Dn 33.4%
Lake of Bays
2017 – 22,770,016
2018 – 19,170,900
% Chg – Dn 15.8%
Huntsville Lakes
2017 – 22,130,850
2018 – 18,168,500
% Chg – Dn 17.9%
Lake Joseph
2017 – 43
2018 – 35
% Chg – Dn 18.6%
Lake Rosseau
2017 – 38
2018 – 34
% Chg – Dn 10.5%
Lake Muskoka
2017 – 119
2018 – 97
% Chg – Dn 18.5%
Lake of Bays
2017 – 71
2018 – 78
% Chg – Up 9.9%
Huntsville Lakes
2017 – 51
2018 – 31
% Chg – Dn 39.2%
Lake Joseph
2017 – 17
2018 – 7
% Chg – Dn 58.8%
Lake Rosseau
2017 – 13
2018 – 13
% Chg – 0%
Lake Muskoka
2017 – 62
2018 – 39
% Chg – Dn 37.1%
Lake of Bays
2017 – 28
2018 – 18
% Chg – Dn 35.7%
Huntsville Lakes
2017 – 24
2018 – 14
% Chg – Dn 41.7%
Chart below based on data from January to June YOY, possibly insufficient data to make chart meaningful, that’s why I combined the lakes in the chart above.
