Collingwood to Meaford Real Estate Update – August 2023
Collingwood to Meaford real estate market update
The local real estate market from Collingwood to Meaford saw some interesting trends in August 2023 compared to previous years. Here’s a look at the key statistics:
In August 2023, Collingwood had 36 residential sales, down 5.3% from August 2022. The average sale price was $875,014, up 13.6% from last August. The median days on market was 41, compared to 21.5 days last year.
Year-to-date through August, Collingwood has seen 319 sales, down 5.6% from the same period last year. The average sale price was $855,450, down 9.6% from last year. The median days on market was 25, down from 8 days last year.
The Blue Mountains
The Blue Mountains had 21 residential sales in August 2023, up 31.3% from last August. The average sale price was $1,211,024, down 8.5% from last year. The median days on market hit 50, up from 43 days last August.
So far this year, The Blue Mountains has had 193 sales, a decrease of 16.8% from the same period in 2022. The average sale price was $1,119,001, down 19.1% from last year’s average. The median days on market was 32, up from 13.5 days last year.
Meaford saw 13 residential sales in August 2023, a decrease of 7.1% from last year. The average sale price was $866,077, up 13.3% from August 2022. The median days on market was 24, compared to 38.5 days last year.
Year-to-date, Meaford has had 97 sales, down 11% from 2022. The average sale price was $814,412, an 8.2% decrease from last year. The median days on market hit 31, up from 13 days last August.
- Sales activity was mixed across the region in August, with increases in some areas and decreases in others from last August.
- Sale prices also showed mixed results, with the average and median sale prices rising in some markets and declining in others.
- Days on market rose across the board compared to the very quick sales seen last August.
- The year-to-date numbers show sales activity down and median days on market up across the region versus 2022.
The local real estate markets from Collingwood to Meaford displayed some contrasts in August 2023 trends. Contact me for more insights into your local area!
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