| Cottage and Residential Activity | Print Data |
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Home
sales in the area served by the Muskoka & Haliburton Association
of REALTORS® came in above year-ago levels in the fourth quarter of
2011. Home
sales numbered 351 units in the fourth quarter of 2011, up 14 per
cent from year-ago levels. On
an annual basis 1,863 properties traded hands in 2011, an increase
of two per cent from 2010. Cottage
sales came in below last year’s figures, falling five per cent from
a year earlier. Residential sales activity increased, rising 11 per
cent in the fourth quarter. The
number of months of inventory was down for residential properties
and for cottages compared to year-ago levels. This resulted in
homebuyers spending less time shopping for residential properties,
although buyers of cottages took more time to shop than they had in
the previous fourth quarter. The
median sale price for residential properties was unchanged from
levels in the fourth quarter of 2010 at
$195,000. The
median sale price for cottage properties declined seven per cent
from a year earlier to $325,000 in the fourth quarter of
2011.
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