th e
HomeHunt with Bruce Johnson
e Jo hnso Bruc
MARCH 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 March
Bruce’s Market Notes:
0
20
Clearview
40
residential listings in the
Wasaga Beach
59 70
26 58
16 21
Georgian Triangle for last
106 105
month was $309,283 compared
2011
with $313,482 for the same
2010
Residential Sales for March
period 12 months ago. There were 104 residential sales
0
10
compared to 131 sales 12 Clearview
months ago. The majority of home sales continues to be
Wasaga Beach
30
40
50
27
Blue Mtn Tiny Beaches
20
13 13
Collingwood
below $300,000. All data provided by the Georgian Triangle Real Estate Board. Graphs copyrighted by
100
46
Blue Mtn Tiny Beaches
80
36
Collingwood
The average sale price for
60
33
8 19
1 2
30
Bruce Johnson 2011.
41
2011
2010
Housing Market Indicators This Month Same Month Difference in
% of
Last Year
# of units
Change
Remarks
Total Sales
155
199
-44
-22.1%
fewer sales than 12 months ago
New Listings
576
671
-95
-14.2%
fewer new listings
1986
2246
-260
-11.6%
fewer active listings than 12 months ago
Active Listings
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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March Sales By Price: 2011 & 2010 4
Under 100,000
22 14 15
100,000 - 149,999
26 27
150,000 - 199,999
40 39
200,000 - 249,999
25
250,000 - 299,999
11
300,000 - 349,999
5
350,000 - 399,999
10 5
26
11
400,000 - 499,999 500,000 - 599,999
33
13
7
3 3
600,000 - 699,999
2
700,000 - 799,999
3
1 1
800,000 - 899,999 900,000 - 999,999
0 0
1,000,000 - 1,499,999
0
5 1
1,500,000 +
0
TheHomeHunt.com
2 8
16
2011 Month
24
32
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 $200,000 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”
40
BRUCE’S MARKET INFORMATION
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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
2009
Oct
Nov
Dec
Monthly 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
3% 6%4%
7% 21%
13%
32% 5%
21%
13% 23%
54%
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: March 2011/2010 $800,000
$700,000
TheHomeHunt
$600,000
$500,000
$400,000
$749,656
$300,000
$590,342
$200,000
$273,062 $240,923$252,674 $275,209 $303,500 $260,000 $262,017 $260,302
Clearview
Collingwood
Blue Mtn
2011 month
$100,000
$0
Tiny Beaches
Wasaga Beach
2010 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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Bruce Johnson
RE/MAX of Wasaga Beach Inc., Brokerage 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226
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