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'Wasaga Beach Monthly Sales Figures' Category

Wasaga Beach 2009 Real Estate Sales Figures; December Update

2009 real estate figures for Wasaga Beach better than 2008

What a difference a year makes. The end of 2008 and the first few months of 2009 were full of doom and gloom for real estate sales. In contrast December saw an increase in both the number of sales and the average price for 2009 over 2008. Taking into account the very low figures for the first few months the market has bounced back in Wasaga Beach with a vengeance.

Interestingly though a recent report by CIBC on Canadian Mortgage Debt does not for see a “bubble.” Rather given ” that the current overvaluation is occurring in a context of historically low interest rates, what we are most likely witnessing is a temporary period of exuberance that is “borrowing” activity from the future, as households take advantage of lower rates and accelerate their borrowing and home purchasing activities.”

Given that the continuing sales in Toronto in 2009 were in line with the healthy levels of sales experienced between 2004 and 2006, Wasaga Beach and the Georgian Triangle in general can expect sales of real estate to remain buoyant in 2010.

Average Sale Price December 2008 – December 2009 $255,557

Average Sale Price December 2007 – December 2008  $252,332

Wasaga Beach 2009 Real Estate Sales Figures; November Update

The 12 month average sale price in Wasaga Beach is now higher than the preceding 12 months

The number of sales for 2009 is now only one less than 2008.

Remember “officially” the recession is over as well!!

Average Sale Price November 2008 – November 2009 $255,080

Average Sale Price November 2007 – November 2008  $252,581

Wasaga Beach 2009 Real Estate Sales Figures; October Update

The number of homes sold in Wasaga Beach in 2009 is now only 4.8% less than in 2008.

The 12 month average price is just 1.1% less

Average Sale Price September 2008 – September 2009 $250,654

Average Sale Price September 2007 – September 2008  $253,317

Wasaga Beach 2009 Real Estate Sales Figures; September Update

The number of homes sold in Wasaga Beach was slightly less than the corresponding month in 2008.

The overall outlook on the economy is much more positive than in early 2009 and in the Georgian Triangle as a whole sales are expected to continue to increase for the rest of the year.

Average Sale Price September 2008 – September 2009 $247,708

Average Sale Price September 2007 – September 2008  $253,741

The 12 month average price is down year on year but should be level by the end of the year.

Wasaga Beach 2009 Real Estate Sales Figures; August Update

For the third consecutive month the number of homes sold in Wasaga Beach was higher than the corresponding month in 2008.

The number of sales for the year is down 13.3%.When one realises this figure was minus 35% at the end of May 2009 then the market is improving.

There is reason to be optimistic. It was reported yesterday that the Canadian economy grew by 0.1% in June. To me this seems insignificant but apparently in the world of economic this positive figure was unexpected and a very good sign of the recovery occurring.

Average Sale Price August 2008 – August 2009 $247,479

Average Sale Price August 2007 – August 2008  $252,627

The 12 month average price is down 2% year on year.

GTA Real Estate Sales Figures August 2009

Figures compiles using data from the MLS system of the Georgian Triangle Real Estate Board.

Wasaga Beach 2009 Real Estate Sales Figures; July Update

Now as some of you may have noticed I am quite fond of illustrating a point with a quote and not adverse to using it out of context as well. Buying and selling homes in Wasaga Beach in no way what so ever is normally related to Sir Winston Churchill. BUT this seems apt when looking at July figures:

“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”
Sir Winston Churchill, Speech in November 1942. British politician (1874 – 1965)

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Wasaga Beach 2009 Real Estate Sales Figures; June Update

Good News

For the first time this year in Wasaga Beach, the number of homes sold showed an increase over 2008

The average sales price is down by 2.5%. The increase in the number of sales should rectify this sooner rather than later. Now this is only 1 month but the upward trend is reflected in real estate figures for the whole of the Georgian Triangle. Wasaga Beach is leading the pack in 2009 with 156 homes sold for an average price of $248,918. Collingwood was second with 127 sales for an average price of $254,120. Clearview was third with 68 sales with an average sale price of $238,458, Blue Mountains saw 60 homes sold but had the highest average price with $436,820 and 46 homes were sold in Meaford for an average sale price of $256,767.

It is still a buyer’s market but there are indications of moving towards a more balanced market.

Average Sale Price June 2008 – June 2009 $248,918

Average Sale Price June 2007- June 2008  $255,204

Wasaga Beach 2009 Real EstateSales Figures; May Update

Average Sale Price May 2008 – May 2009 $251,227

Average Sale Price May 2007- May 2008  $256,264 Read the rest of this entry »