Market Update November

The October sales are in according to the Georgian Triangle Real Estate Board and we see more positive news for Collingwood real estate.  Our year to date units sold are at 1585 as opposed to 1576 units for 2008.  The dollar volume has increased by $3,876,309 over the same time period.  It seems to me that there has been very little price change in most area so real estate opportunities are still available.  While the sales to listing ratio has shifted to a balanced market of 45.14% the year to date ratio is 30.66 and still influenced by the first 4 months of the year. If you are planning on buying a Collingwood property be it a condo or chalet, with mortgage rates stable this is an ideal time. 

Betty Hancey

Betty Hancey

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
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