February 2011

th e

HomeHunt with Bruce Johnson

e Jo hnso Bruc

FEBRUARY 2011

n

T E K MAR T R O REP Wasaga Beach

•Co

in•Tiny a t n u o M e u l B llingwood•

Beaches

BRUCE’S MARKET INFORMATION

2

PAGE

Residential Listings for February

Bruce’s Market Notes:

0

10 20

Clearview

Blue Mtn Tiny Beaches

residential listings in the

Wasaga Beach

40

50

60

48 47

28 34

3 4

Georgian Triangle for last

60

month was $401,595, up from

2011

$287,390 for the same period residential sales compared to 76

0

2010

5

sales 12 months ago. The Clearview

majority of home sales $300,000.

Wasaga Beach

15

20

10 13

Blue Mtn Tiny Beaches

10

9

Collingwood

All data provided by the Georgian Triangle Real Estate Board. Graphs copyrighted by

68

Residential Sales for February

12 months ago. There were 76

continues to be below

70

31 27

Collingwood

The average sale price for

30

15 1 1

14

17

Bruce Johnson 2011.

2011

2010

18 19

Housing Market Indicators This Month Same Month Difference in % of Change Last Year

# of units

Remarks

Total Sales

117

107

10

9.3%

more sales than last February

New Listings

433

388

45

11.6%

more new listings

Active Listings

1841

2005

-164

-8.2%

fewer listings than 12 months ago

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

BRUCE’S MARKET INFORMATION

3

PAGE

February Sales By Price: 2011 & 2010 Under 100,000

7

4

9

100,000 - 149,999

11

150,000 - 199,999

20

200,000 - 249,999

17 11

250,000 - 299,999

350,000 - 399,999

7

400,000 - 499,999

7

6

500,000 - 599,999

2

700,000 - 799,999

14

12

5

3

600,000 - 699,999

3 4

1 0 0

800,000 - 899,999 900,000 - 999,999

0

1,000,000 - 1,499,999

0

1,500,000 +

0 0

24

16 12

300,000 - 349,999

23

TheHomeHunt.com

3 1 2 6

12

2011 Month

18

24

2010 Month

This chart bre aks down tota l property sale for the month s into price ran ges so that th most popular e (highest sellin g) price rang can quickly b e s e determined .

Properties in the $150,000 to $250,000 price ranges continue to p roduce the highest sales volume. The m ix between sa of higher-pric les ed versus low er-priced properties dir ectly affects th e average monthly sellin g price.

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

30

BRUCE’S MARKET INFORMATION

4

PAGE

Average Monthly Residential Sale Price $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 TheHomeHunt

$200,000

Jan

Feb

Mar

2011

Apr

May

2010

Jun

Jul

2009

Aug

Sep

Oct

2008

Nov

Dec

Average Annual Residential Sale Price $341,583 $273,263 $261,557 $289,592 $270,177 $243,268 TheHomeHunt $0

2010

$231,630 $100,000

2009

2008

$200,000

2007

$300,000

2006

2005

$400,000

2004

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

BRUCE’S MARKET INFORMATION

5

PAGE

Monthly Total Sales Volume $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 TheHomeHunt

$0 Jan

Feb

Mar

2011

Apr

May

Jun

2010

Jul

Aug

Sep

Oct

2009

Nov

Dec

Annual Total Sales Volume Since 2004 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 TheHomeHunt

$0

2011

Jan

Feb

2010

Mar

2009

Apr

May

2008

Jun

Jul

2007

Aug

2006

Sep

Oct

2005

Nov

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

Dec

2004

BRUCE’S MARKET INFORMATION Active Listings

6

PAGE

Total Sales - monthly

7%2% 5%

7% 20%

11%

31% 5%

21%

13% 24%

55%

TheHomeHunt

Single-Family Home Residential - Other Vacant Land

Single Family Home - Other Farm Other (I.C. & I.)

Sales to Listing Ratio 60 50 40 30 20 10 TheHomeHunt

0 Jan

Feb

2011

Mar

Apr

May

2010

Jun

Jul

Aug

2009

Sep

Oct

Nov

2008

*Sales to Listing Ratio is calculated by dividing the number of sales by the number of listings and it lets us see what percentage of listings on the market are selling. Generally a sales-to-listing ratio of over 55% suggests that it is a Seller’s Market and below 45% is thought of as a Buyer’s Market. A balanced real estate market is between 45% and 55%.

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

Dec

BRUCE’S MARKET INFORMATION

7

PAGE

Average Sale Price: February 2011/2010 $800,000

$700,000

TheHomeHunt

$600,000

$500,000

$400,000 $721,468 $300,000

$323,250 $334,838 $283,383

$200,000

$370,643 $405,000

$244,793

$310,000 $275,292$278,858

Clearview

Collingwood

Blue Mtn

2010 month

$100,000

$0

Tiny Beaches

Wasaga Beach

2009 month

*Average Sale Price refers to all residential property sales for the month indicated compared with the same month one year earlier.

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

BRUCE’S MARKET INFORMATION

8

PAGE

“Whatʼs My Home Worth?”

Click HERE to see an example of my extensive Market Evaluation.

Click HERE to contact me for your free no-obligation custom report.

The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”

the

HomeHunt RE/MAX OF WA SA GA BE AC H INC .

BR OK E R A GE

hnson Mar y Jo ssional ing Profe g ta S d e Certifi

hnson Bruce Jo ve presentati Sales Re

x226 0 0 5 4 9 2 4 705

Click for contact info

Click here for client testimonials

仝 仝 仝

Mary Johnson

Bruce Johnson

RE/MAX of Wasaga Beach Inc., Brokerage 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226

th e

HomeHunt with Bruce Johnson

e c n e i r e p g Ex n i v o M A

Call Bruce re: listing the house 705-429-4500

eHunt.com

www.TheHom