Rick  Power

Rick Power

REALTOR®

Right at Home Realty, Brokerage*

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705-716-0105
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Rick Power's blog

AUGUST 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for August 2021 was $2,201,393. The average list price of properties that sold that month was $1,193,312 with an average sale price of $1,185,948. That’s up $62,453 from the previous month with an average sale price of 100% of the full asking price. The average original list price for these sold properties was $1,197,096, days on market were 27 and taxes were $4,382. Statistic calculated through TRREB.

OUR CURRENT HOUSING CRISIS

The average sale price of a home is Canada has almost doubled since Trudeau took office in 2015. The average sale price of a home at the end of 2015 was $360,600. Currently we are at $680,000. Trudeau loves foreign investment so does nothing to prevent the problem. Why should a foreigner have more buying power in our country then we do???

JULY 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for July 2021 was $2,010,172. The average list price of properties that sold that month was $1,115,456 with an average sale price of $1,123,495. That’s down $36,993 from the previous month with an average sale price of 101% of the full asking price. The average original list price for these sold properties was $1,133,218, days on market were 24 and taxes were $3,645. Statistic calculated through TRREB.

JUNE 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for June 2021 was $1,541,080. The average list price of properties that sold that month was $1,102,173 with an average sale price of $1,160,488. That’s down $287,739 from the previous month with an average sale price of 107% of the full asking price. The average original list price for these sold properties was $1,114,559, days on market were 16 and taxes were $3,288. Statistic calculated through TRREB.

MAY 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for May 2021 was $2,282,234. The average list price of properties that sold that month was $1,352,213 with an average sale price of $1,448,277. That’s up $218,315 from the previous month with an average sale price of 104% of the full asking price. The average original list price for these sold properties was $1,354,978, days on market were 17 and taxes were $5,027. Statistic calculated through TRREB.

APRIL 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for April 2021 was $2,153,376. The average list price of properties that sold that month was $1,187,326 with an average sale price of $1,229,962. That’s down $119,732 from the previous month with an average sale price of 107% of the full asking price. The average original list price for these sold properties was $1,185,162, days on market were 18 and taxes were $5,005. Statistic calculated through TRREB.

MARCH 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for March 2021 was $2,412,027. The average list price of properties that sold that month was $1,295,358 with an average sale price of $1,349,694. That’s up $63,036 from the previous month with an average sale price of 109% of the full asking price. The average original list price for these sold properties was $1,389,096, days on market were 23 and taxes were $5,193. Statistic calculated through TRREB.

FEBRUARY 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for February 2021 was $3,072,873. The average list price of properties that sold that month was $1,236,813 with an average sale price of $1,286,658. That’s up $34,766 from the previous month with an average sale price of 109% of the full asking price. The average original list price for these sold properties was $1,250,463, days on market were 28 and taxes were $5,251. Statistic calculated through TRREB.

2020 NATIONAL SALES STATS

National homes sales hit a record new high with 551,392 homes sold in 2020, which is a 12.6% increase over 2019. The average sale price also hit a new record of $620,301, which is a 8.2% increase over 2019. And market conditions were the tightest on record with less then 100,000 active listing by the end of 2020. That is shockingly 31.6% lower then at the end of 2019. Statistics are courtesy of the Canadian Real Estate Association.

JANUARY 2021 WATERFRONT PROPERTY STATS

The average list price of a fully detached waterfront home with direct water access in Central Ontario for January 2021 was $1,972,272. The average list price of properties that sold that month was $1,250,767 with an average sale price of $1,251,892. That’s up $213,642 from the previous month with an average sale price of 104% of the full asking price. The average original list price for these sold properties was $1,288,183, days on market was 47 and taxes were $6,155. Statistic calculated through TRREB.

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