Thank you for checking out the first statistical update on the Muskoka real estate market in 2021. After the first month of the new year, we have analyzed this past month versus January last year. A major factor for this data is to understand how the COVID-19 province-wide lockdowns will have affected home buyers coming to the area and also home sellers about listing their properties at this time.
The Aben Team and all members are strongly committed to providing the safest environment and following all protocols to protect and respect our clients, and the clients of other realtors buying and selling real estate in Muskoka.
The past year has seen an unprecedented seller’s market develop. Looking at 2019 versus 2020, new listings in residential real estate were down 13.9 per cent year over year. With cottages, new listings were down 10.4 per cent year over year while demand and sales were hitting record highs.
The trend of falling new listings looks to be continuing through the month of January. The spring will be an interesting time to see how the supply chain will satisfy the demand and how it affects the market and the values.
The market is currently showing the sign of diving deeper into a seller’s market as the number of new listings compared to last year continues to trend downward, while sales and demand trends upwards. The graphs below show the number of new listings on the waterfront and in residential compared year over year for January 2021. For the full January 2021 market update we encourage you to visit our website.
Number of units sold on waterfront + residential graphs
The Harvey Kalles Real Estate Ltd., Brokerage brand has sold, company-wide, over $2.9 billion in real estate for 2020 and provided our clients on average a 101.5 per cent sale to list price ratio.
If it is time to list your property, trust the Aben Team to have your home professionally staged, professionally photographed, listed, and sold. Looking at days on market averages from the previous year, the Aben Team’s listings have sold on average 52 per cent quicker than average.
If you are in the market for purchasing/investing in the Muskoka area we would be happy to connect and have a conversation about your unique situation. For the most up to date information on the area feel free to reach out anytime.
Harvey Kalles and the Aben Team are strongly committed to providing the safest environment and following all protocols to protect and respect our clients, and the clients of other realtors buying and selling real estate in Muskoka. The real estate market operation is not business as usual. It is encouraged to use remote work and technology such as virtual showings, electronic signatures and virtual meetings.
Aben Team – Harvey Kalles Real Estate
We are specialists in Muskoka real estate and bring our professionalism, experience, and knowledge to every real estate transaction. If you are thinking of buying or selling a home or cottage in Muskoka, we would love to help you with either process. With an office in Huntsville servicing Huntsville/Lake of Bays and an office in Port Carling servicing the Muskoka Lakes, we are prepared to assist you anywhere in Muskoka.
Make sure to check out ‘What Makes Us Different’ to find out what sets us apart from the competition when it comes to selling your property, or getting the latest Muskoka market stats to keep you informed on possibly your biggest investment.
2019 Harvey Kalles Diamond Club Award, top 10; 2018 Harvey Kalles Diamond Club Award, top 10; 2017 Royal LePage National Chairman’s Club recipient, top 1% in Canada; 2017 National Chairman’s Club recipient, top 1% in Canada; 2016 Royal LePage Diamond Award recipient, top 3% in Canada; 2016 Diamond Award recipient, top 3% in Canada; 2015 National Chairman’s Club recipient, top 1% in Canada; 2015 Royal LePage National Chairman’s Club recipient, top 1% in Canada; Certified Luxury Home Marketing Specialist; Senior Real Estate Specialist
The Aben Team is proudly serving customers from two offices for your convenience.
Please select a location near you:
Huntsville Office: 13 Minerva Street East, Huntsville ON P1H 1P2
Port Carling Office: 1A Lee Valley Drive, Port Carling ON P0B 1J0
“The Aben Team took the time to understand our wants and needs. We knew immediately that John and Mark’s patience, professionalism and firsthand knowledge of Muskoka was the perfect fit to help us with our search. They were instrumental in helping us fulfill our retirement dreams by finding us the perfect home in a wonderful community. Thank you John and Mark for your patience, flexibility and sound advice.”