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