As mentioned in my last post, there were 137 waterfront sales reported in 2015, compared with 119 sales the previous year on Lake Simcoe. These do not include sales under $300,000.
- Oro-Medonte reported the highest percentage price year-over-year, a 29.3 per cent increase in the average selling price from $822,239 to $1,074,085, the highest increase compared to the other areas included in our analysis.
- Georgina follows behind Oro-Medonte with an 11.1 per cent increase in the average selling price, from $679,912 to $753,804.
- Just behind Georgina is Orillia with a 9.7 per cent increase in the average selling price, from $749,591 to $823,182.
- Only Beaverton and Innisfil saw decreases in the average selling price from $585,000 to $531,863, a decrease of -9 per cent in Beaverton and from $929,367 to $842,974, a decrease of -9.3 per cent in Innisfil.
Looking towards the Haliburton Highlands, the Muskoka and Area Realtor’s Association reports positive sales increases with the Muskoka’s big lakes, Lake Joe, Lake Rousseau, and Lake Muskoka producing increased sales for three consecutive years. The results achieved are 19 and 31 per cent in 2014 and 2015.
In my next posts I’ll go into more detail about each of the areas I serve and the reasons for sales increases and decreases there.