Thursday, August 16, 2012

Area Single Family Home Sales Up 12% in 2012

  Single family home sales reported through the MLS® system of the Georgian Triangle Association of REALTORS® (GTAR) are up 12% to the end of July compared with the first 7 months of 2011. A total of 806 homes have been sold versus 718 through the end of July last year.

  MLS® condominium sales remain unchanged from 2011 with a total of 184 condominiums sold year-to-date. What has changed however is the location of those sales. Condo sales in Collingwood during the first 7 months of 2012 total 117 properties up 16% from the 101 units sold year-to-date July 2011. Condominium sales in the Blue Mountains however are down 30% this year with 48 MLS® sales reported compared to 69 units sold in the first 7 months of 2011.

  Vacant land sales while not robust, are up 8% this year with 77 MLS® sales reported thus far. With an abundance of MLS® listed re-sale properties on the market and the high cost of building, many buyers are simply electing to purchase and if necessary renovate an existing dwelling versus engage in a lengthy building process.

No comments:

Contact Me

Royal LePAGE Locations North (Brokerage)

330 First Street, Collingwood, ON L9Y 1B4


Direct: 705-443-1037

Office: 705-445-5520 ext 230


My Profile

Rick relocated to Collingwood from Toronto in 1985 through a transfer with Goodyear Canada. In 1987 Rick was recruited by a major client of Goodyear’s, managing their Canadian business based in Barrie before moving to Chicago in 1992 as Vice President of Sales & Marketing. Upon returning to Canada in 1996, Rick ran an industrial products manufacturing company in Stratford, Ontario. In 1998 Rick returned to Collingwood with his two children. Rick is a licensed real estate Broker with Royal LePAGE Locations North in Collingwood and holds his MVA designation (Market Value Appraiser-Residential). He is an active volunteer in the community serving several years on the Board of Directors with the Collingwood Chamber of Commerce as Treasurer, 6 years on the Board of Directors for the Southern Georgian Bay Association of REALTORS® of which he is the Past President (2008) and currently serves on a committee with the Ontario Real Estate Association. Rick is a diverse executive manager with extensive experience in strategic planning, manufacturing, finance, human resources and quality assurance management.