For April 2015, the number of waterfront units sold was 14 down from 16 in April 2014. The median sale price for the properties increased significantly however to $397,000 up from $331,000 in 2014 representing an increase of 19.9%.
This year, there is a lack of inventory in the number of waterfront listings so far and that may explain the number of units being down and with scarcity, comes increased demand and value...
If you are even considering putting your waterfront property on the market, please give me a call at 705-238-6001 or visit http://www.searchsimcoecountyareahomes.com/homevalue and I can provide a free market evaluation.
Enjoy your day,