Drew Douglas

Drew Douglas

Broker
CENTURY 21 Millennium Inc., Brokerage*
  • 705-441-5152
  • 519-599-3300
  • 519-599-2368
  • 1 Bruce Street North PO Box 95
    Thornbury, ON N0H 2P0
Contact Me

Greetings

 

Congratulations! You are now connected to a real estate organization that has over 7000 offices in 73 countries and 8500 websites in Canada!

As 90% of consumers use the internet for their real estate transactions, either buying or selling, the 1,400,000 hits a month on our integrated network allows buyers and sellers respectively, an excellent search engine and great exposure of properties!

Let me put this to work for you?

For starters, here is a great tool that will help you check out neighbourhoods that you may wish to live in: //www.century21.ca/CA

Let me know how we can work together and make sure you look at the area activities as there is a lot of entertainment in the area!

Regards.

Drew Douglas 

 

       

 

 

Market Trends and News: Second Quarter 2017

Southern Georgian Bay Real Estate Board breaks through the $1BILLION dollar ceiling in second quarter!

It continues to be a strong SELLER's market with Sales to Listing Ratio @ 68%! 99 Sales greater than $1M, including 2 sales greater than $3M!

The really interesting stat though is the days on market (DOM) of 28! 

2nd Quarter Statistics indicate that the seller's market trend continues to be very strong with no end in sight at this time!  Even though YTD sales are at -1% YTD listings are at -14% so demand is still ahead of supply.

Significant stats:1) Dollar volume YTD +20% (in excess of $1B); 2) Days on Market is 28.

The Southern Georgian Bay market still, when compared to national stats, continues to be an excellent market for buyers: National Average Sale is $504,458, with Ontario Average Sale of $547,402, while Southern Georgian Bay average Sale is $481,0056(access this data in the link provided below under Market Links).

As well, the number of units coming onto the market being sold by developers, not reflected in the stats reported here, should be mentioned as they would influence the stats significantly: The Balmoral, Trails End and Silver Glen developments alone are putting hundreds of units onto the market (and mostly sold out).

Not quite sure why this niche market continues to thrive: general economic conditions?; demographics?; boomers?; it would take a better insight than I have to answer this I think!

Be sure to access the links below for excellent relevant articles, and the Monthly Stats tab at the top of the page for further details, as well as the area activities tab at the top of the page for entertainment coming to the area.

 

Market Links

Article on Canadian Household Debt: http://www.canadianrealestatemagazine.ca/market-update/governments-hypocritical-over-household-debt-says-fraser-institute-228380.aspx

Article on Canadians Buying Homes in USA: http://www.canadianrealestatemagazine.ca/market-update/canadians-taking-advantage-of-affordable-us-homes-228456.aspx

CREA Quarterly Stats link: http://www.crea.ca/housing-market-stats/national-average-price-map/

CREA National Forecast Update: http://www.crea.ca/news/crea-updates-resale-housing-market-forecast/

Article Re "The Coming Crash": http://www.canadianrealestatemagazine.ca/news/analyst-canada-poised-for-biggest-housing-crash-in-history-189381.aspx

CREA Monthly Stats Highlights: http://www.crea.ca/housing-market-stats/stats/

CREA Quarterly Forecast: http://www.crea.ca/housing-market-stats/quarterly-forecasts/

National Stats Link: http://www.crea.ca/housing-market-stats/national-average-price-map/

Top Ten Features Buyers Want: http://nprealtor.np4realty.com/blog/details/58253/Top--Features-Home-Buyers-Want

Next Real Estate Hotspot for Investors???: http://www.canadianrealestatemagazine.ca/news/the-next-hottest-spot-for-investors-220281.aspx

CMHC has concerns!: http://www.canadianrealestatemagazine.ca/news/strong-evidence-of-problematic-conditions-persists-in-real-estate-market-cmhc-220252.aspx

Specialties

  • Residential, Recreational and Estate properties in the geographic areas of: Collingwood, The Town of the Blue Mountains (Thornbury etc), Grey Highlands (Beaver Valley etc),  Meaford, and vicinities

CENTURY 21® Awards

* CENTURY 21 Awards Criteria
  • 2014 - Masters Silver
  • 2010 - Masters Silver
  • 2008 - Masters Silver
  • 2007 - Masters Silver
  • 2006 - Masters Ruby
  • 2004 - Masters Silver

160' Double Waterfront Lot

Charming Bungalow on Ravine Lot

Blog

Excellent Articles
Jazzmania Returns to Thornbury
Meaford Hall Line Up
DOWNCHILD BLUES BAND AT MEAFORD HALL!
ELVIS IS COMING! (....and Shakespeare is coming too!)
Read More

Communities

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The Blue Mountains

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Collingwood

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Georgian Meadows

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The Orchard

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The Shipyards

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