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'Market Updates' Category

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 »