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HomeHunt with Bruce Johnson
e Jo hnso Bruc
OCTOBER 2011
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T E K MAR T R O REP •C Wasaga Beach
ollingw
in•Tiny a t n u o M e u l B ood•
Beaches
BRUCE’S MARKET INFORMATION
2
PAGE
Residential Listings for October
Bruce’s Market Notes:
0
20
Clearview
40
residential listings in the
Wasaga Beach
47 7 5
62 54
Georgian Triangle for last
83 79
month was $332,405 compared
2011
with $295,204 for the same
2010
Residential Sales for October
period 12 months ago. There were 104 residential sales
0
6
compared to 93 sales 12 Clearview
months ago. The majority of home sales continues to be
18
24
30
15 23
Blue Mtn Tiny Beaches
12
12
Collingwood
below $300,000. All data provided by the Georgian Triangle Real Estate Board. Graphs copyrighted by
100
50
Blue Mtn Tiny Beaches
80
26 26
Collingwood
The average sale price for
60
26
14 12
1 1
Wasaga Beach
Bruce Johnson 2011.
21
2011
27
2010
Housing Market Indicators This Month Same Month Difference in
% of
Last Year
# of units
Change
Remarks
Total Sales
177
164
13
7.9%
More sales than 12 months ago
New Listings
467
497
-30
-6.0%
Less new listings than 12 months ago
Active Listings
2319
1986
333
16.8%
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
October Sales By Price: 2011 & 2010 14
Under 100,000
16
100,000 - 149,999
20
23 29
150,000 - 199,999
31
27 28
200,000 - 249,999 250,000 - 299,999
38
26 13 13
300,000 - 349,999 350,000 - 399,999
8
400,000 - 499,999
8 3
500,000 - 599,999
2
600,000 - 699,999 700,000 - 799,999
0
900,000 - 999,999 1,000,000 - 1,499,999
0
4 4
TheHomeHunt.com
1 1 1 1
1,500,000 +
13
3
1 1 1
800,000 - 899,999
9
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 $250,000 to price range p roduced the h $300,000 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”
40
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
6
PAGE
Total Sales - monthly
1% 6%5%
5% 19%
7% 34%
6%
30%
14% 22%
51%
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: October 2011/2010 $600,000
$514,286
TheHomeHunt $428,571
$342,857 $594,107 $554,312 $257,143
$309,967
$380,000
$171,429
$291,304 $255,417$283,983 $257,556 $215,286
$150,000
Clearview
Collingwood
Blue Mtn
2011 month
$85,714
$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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The Home Hunt: 1263 Mosley Street, Wasaga Beach, ON L9Z 1A5 | 705-429-4500 x226 “A Moving Experience”
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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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