May Market Update - Collingwood and Area

Once again, sales are up over last year!  Total units sold are showing a 40% increase year to date over last year with 788 compared to 563 in 2009 as reported by the Georgian Triangle Real Esate Board.  Average residential prices have also gone from $279,007 to $312,529 across the board.  For a more detailed breakdown by area, please give me a call.  If you are considering buying there is a good supply of inventory with listings on the market up 9% and a 30.39% sales to listing ratio for this month.  Collingwood real estate continues to be a good value compared to other areas which have experienced rapid increases in value recently.  With a steady selection coming available we will continue to see relatively stable prices.

Betty Hancey

Betty Hancey

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
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