Lake Simcoe Waterfront Sales | 2022 1st Quarter Review

The first quarter of 2022 revealed a very slow start to the year for waterfront sales. Inventory levels were down considerably since 2021. Due to the low number of sales, the overall change year-over-year is not a reliable indicator of market values for 2022. This first-quarter review will examine the key Lake Simcoe waterfront markets…
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Lake Simcoe Waterfront Sales | 2021 Market Review

2021 Year-End Market Review We are pleased to release our Annual Lake Simcoe Waterfront Report which, as you will see shows unprecedented increases in property values in 2021. Chris Kapches, CEO & President of Chestnut Park Real Estate recently commented that “he has run out of superlatives to describe the real estate market conditions we…
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Lake Simcoe Waterfront Report | 2021 3rd Quarter Review

2021 | Year-to-Date | January-September Year-to-Date, waterfront sales are down by 25.4% compared to the same nine-month period of 2020 in the markets we have been reporting on for the past 15 years: Georgina Innisfil Oro-Medonte Orillia Ramara Beaverton There has been 132 waterfront sales since January.  The areas of Georgina, Oro-Medonte and Ramara experienced a…
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Lake Simcoe Waterfront Report | 2021 2nd Quarter Review

2021 First Half | Year-to-Date | January-June Not unlike the First Quarter of 2021, sales on the shores of Lake Simcoe were very robust with 77 properties sold.  There has been a total of 132 waterfront sales since the first of January, which is a 74% increase compared to mid-year sales in 2020 in the markets…
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Lake Simcoe Waterfront Report | 2021 1st Quarter Review

The first quarter of 2021 revealed an enthusiastic start to the year for waterfront sales. There was a total of 55 sales, which is an increase of 96% compared to the first quarter of 2020 in the markets we have been reporting on for the past 15 years: Georgina Innisfil Oro-Medonte Orillia Ramara Beaverton Lakefront sales…
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Lake Simcoe Waterfront Report | 2020 Annual Review

In 2020, the waterfront market was not excluded from the bounty of residential sales activity across Ontario, particularly in southern Ontario.  There was a total of 228 sales in 2020, an increase of 82% over 2019.  These sales occurred in the predominant market areas we have been monitoring and reporting on for the past 15 years, which include: Georgina Innisfil Oro-Medonte Orillia Ramara Beaverton According to the sales reported by the The Toronto Real Estate Board (TTREB), the average price of waterfront properties on…
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May 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. The residential resale market recovered dramatically from the lows experienced in April. In April only 2,975 properties were reported sold for the entire greater Toronto area. A typical April market would produce 9,000 plus sales. April’s decline compared to April 2019 was a shocking 67 percent. In May the…
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Which Side of Lake Simcoe is Best?

For years there’s been a friendly rivalry going on amongst Lake Simcoe dwellers. It passionately engages homeowners from the north, south, east and west sides of the lake in a tempting challenge for which side of the lake out-shines the others. Here Are The Arguments: On the north side residents and cottagers get full day…
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January 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. A new decade, but little change in Toronto’s residential resale market. As anticipated in my December Market Report, January came in strong with 4,581 sales in the greater Toronto area. This was a stunning 15.4 percent increase compared to the 3,968 sales reported for January last year. Enthusiasm…
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2019 Luxury Market Review | Kitchener-Waterloo

The following information pertains exclusively to the luxury market (sales over $1,000,000). All statistics were obtained from the Kitchener-Waterloo Real Estate Board. City Overview: As we look back on 2019, we see that the Kitchener-Waterloo luxury market (over $1,000,000) continued to outperform other key markets located in southwestern Ontario and across the GTA.  The total…
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