Collingwood & Wasaga Beach Market Reports – 2018 in Review

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COLLINGWOOD – THIRD BEST VOLUME SALES EVER, SOLID Q4, AVERAGE PRICE UP

2018 TOTAL SALES VOLUME OF $242,458,274
Down 16% from 2017’s record $290,231,860, with units of 497 down 22% from 2017’s 637.

New listings of 818 down 4% from 2017, with the sales/listings ratio of 61% down 14%.

FOURTH-QUARTER SALES VOLUME OF $51,475,925

Down 8% from Q4-2017’s $55,852,863. Units of 108 were down 15% from Q4-2017’s 127, with new listings of 153 up 11%, and the sales/listings ratio of 71% down 21%.

RECORD FOURTH-QUARTER AVERAGE SALE PRICE OF $476,629
Up 8% from the $439,786 of Q4-2017. Average days-on-market of 39 was down by 3 days.

WASAGA BEACH – THIRD-BEST Q3 SALES EVER, FEWER LISTINGS, SLIGHTLY HIGHER PRICES

2018 TOTAL SALES VOLUME OF $203,786,548
Down 21% from 2017’s $259,063,384, with units of 493 down 23% from 2017’s 639. New listings of 881 down 6% from 2017, with the sales/listings ratio of 56% down 12%.

FOURTH-QUARTER SALES VOLUME OF $31,498,050

Down 29% from Q4-2017’s $44,436,120. Units of 77 were down 30% from Q4-2017’s110, with new listings of 124 down 3% and the sales/listings ratio of 62% down 24%.

FOURTH-QUARTER AVERAGE SALE PRICE OF $409,066
Up 1% from the $403,965 of Q4-2017. Average days-on-market of 54 up 5 days.

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