LOCATIONS B R O K E R A G E
WASAGA BEACH REAL ESTATE MARKET SNAPSHOT: FIRST QUARTER 2021 OVERVIEW • RECORD VOLUME SALES, UP 90% FROM Q1-2017’S PREVIOUS HIGH, ALONG WITH RECORD UNIT SALES OF 162, UP 7% FROM Q1-2016’S FORMER BENCHMARK •
NEW LISTINGS DOWN 16% FROM Q1-2020, EXPIRED LISTINGS DOWN 88%; SALES/LISTINGS RATIO OF 84% UP 41%
•
AVERAGE SALES PRICE INCREASE OF 38% FROM Q1-2020, WITH THE AVERAGE DAYS-ON-MARKET DOWN 28 DAYS
•
SELLERS’ MARKET: DEMAND FOR LISTINGS EXCEEDS SUPPLY
FIRST QUARTER 2021 +124%
0%
-300%
+62%
+41%
+38%
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
VOLUME SALES
UNIT SALES
$113,189,123
162
SALES/LISTINGS RATIO
AVERAGE SALE PRICE
84%
$698,698
-61%
+194%
+600%
+300%
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
FROM Q1-2020
UNIT SALES UNDER $100K
UNIT SALES $100K- $299K
UNIT SALES $300K-$499K
UNIT SALES $500K-$799K
UNIT SALES $800K-$999K
UNIT SALES $1M-$1.499M
0
0
22
100
28
12
NOTE: All MLS® sales data in this report comes from the Southern Georgian Bay Association Of REALTORS® and refers specifically to residential sales as of April 3, 2021. While deemed to be reliable, Royal LePage Locations North assumes no responsibility for errors and omissions.