th e
HomeHunt with Bruce Johnson
e Jo hnso Bruc
AUGUST 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 August
Bruce’s Market Notes:
0
20
Clearview
32
40
residential listings in the
Wasaga Beach
6
38
63 61
12
Georgian Triangle for last
83
month was $331,593 compared
2011
with $326,360 for the same were 99 residential sales
0
2010
8
compared to 137 sales 12 Clearview
months ago. The majority of
Wasaga Beach
24
32
40
18
Blue Mtn Tiny Beaches
16
12 12
Collingwood
below $300,000. All data provided by the Georgian Triangle Real Estate Board. Graphs copyrighted by
104
Residential Sales for August
period 12 months ago. There
home sales continues to be
100
52
Blue Mtn Tiny Beaches
80
45
Collingwood
The average sale price for
60
10
34 16
3 4
Bruce Johnson 2011.
2011
2010
37 35
Housing Market Indicators This Month Same Month Difference in
% of
Last Year
# of units
Change
Remarks
Total Sales
173
199
-26
-13.1%
fewer sales than 12 months ago
New Listings
570
501
69
13.8%
More new listings than 12 months ago
Active Listings
2616
2248
368
16.4%
More active 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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PAGE
August Sales By Price: 2011 & 2010 Under 100,000
16
11
100,000 - 149,999
15
17 32
150,000 - 199,999
40
30
200,000 - 249,999
27
250,000 - 299,999
12
300,000 - 349,999 350,000 - 399,999
8
400,000 - 499,999
8 6
500,000 - 599,999
2
600,000 - 699,999 700,000 - 799,999 800,000 - 899,999
0 0
900,000 - 999,999
3 3
35
15
10 13 10
4
2
TheHomeHunt.com
2 3
1,000,000 - 1,499,999
42
6
0 0
1,500,000 +
0
10
20
2011 Month
30
40
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 range p roduced the h ighest sales volume. The m ix between sa les of higherpriced versus lower-priced properties directly affec ts the averag e monthly sellin price. g
The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”
50
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
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
Total Sales - monthly
10%1% 4%
6% 20%
11%
35%
6%
6
PAGE
45%
13%
29%
21%
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: August 2011/2010 $700,000
$600,000
TheHomeHunt $500,000
$400,000
$625,364
$611,167
$300,000
$542,250
$454,225
$200,000
$307,058 $276,750 $273,074
$358,000 $272,344$279,966
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
PAGE
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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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