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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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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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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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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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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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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Back in June, we were pleased to report that the first half of 2020 revealed a substantial increase in the number of waterfront sales compared to the same period in 2019. This was not a market trend we were anticipating considering the effects of the pandemic and the lack luster sales in the first quarter….
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Despite a complete shutdown of the real estate market in March and April due to COVID-19, we are pleased to report that the first half of 2020 revealed a substantial increase in the number of waterfront sales compared to the same period in 2019. There was a total of 59 sales, which is an increase of 55% in the predominant market areas we have been monitoring and reporting on for the past 11 years which include: Georgina Innisfil Oro-Medonte Orillia…
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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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The first quarter of 2020 showed a positive start to the year for waterfront sales. There was a total of 25 sales which, is an increase of 47% since 2019 within the areas that we have been reporting for the past 11 years which include: Georgina Innisfil Oro-Medonte Orillia Ramara Beaverton Due to COVID-19, sales of all types of real estate has dropped significantly. We anticipate the waterfront market to…
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