Posts filed under ‘Market Statistics’

Haliburton Real Estate Update – December 2014

I wanted to take this opportunity to provide an update of the Haliburton County real estate market for 2014 to date. Overall we had a positive year. Summer was a bit sluggish but we moved into a very robust fall. The cottage/waterfront market grew by 1% in sales volume. However, there was still pressure in the market as the average price dropped by 5% compared to 2013. The average price was affected primarily by sluggish high-end market ($500,00 plus). The $300,000-$500,000 was strong. The real growth came from the residential off-water market for Haliburton County. Sales were up 7% compared with 2014 and prices soared on average by 24%.

As ‘boomers’ continue to find Haliburton to be the ideal place to ease into retirement, we are finding people looking at off-water options that offer privacy and quality, in addition to the more traditional homes or cottages situated on water. Haliburton County continues to offer privacy, quality and good-value regardless of whether you choose to be off or on water. All the communities within Haliburton County are an appealing option for those wishing to spend their golden years surrounded by nature – away from the hustle and bustle of the city.

Vacant waterfront sales were slightly down in both volume and in prices mostly due to a reduced quantity of inventory compared with previous years. We did see improvement in sales for vacant non-waterfront lots as some people are opting to build and design their dream home.

In summary, I see a very strong Haliburton County real estate market for years to come. The demographics of the ‘boomers’, easier access to the County (404, 407, 35 expansions), GTA growth and improved local services (internet, cell, hospitals, etc.) The strong fall market and decent overall macro projections should have us all enjoying a great 2015.

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December 3, 2014 at 8:14 pm Leave a comment

Haliburton Real Estate Market Update – July 9, 2014

I just wanted to take this opportunity to provide an update on the real estate market in Haliburton.  June has slowed in both residential and cottage sales, but the very robust market we had in May still provides better results in year to date comparisons.  With respect to the market for single family homes in the County, sales so far are 134 compared to 125 sales for  2013.  That represents an increase of 7%.  However, June had only 22 sales as opposed to 30 sales last June.  And only 5 sales so far this July versus 12 for the same period last year.  Prices are up on average by 13%.

 

Cottages/recreational sales are up 13% and prices down 10% on average year to date comparisons with 2013.  June and July are the same as last year.  May was much better with 35 sales this year as opposed to 21 sales last year.  I expect with the inventory, we will start to see price drops.  The adverse weather conditions seem to be having an adverse on recent sales.  For cottages, the sale to list ratio is at 96% up from the almost standard 95%.

July 9, 2014 at 3:46 pm Leave a comment

Market Update – June 3, 2014

We have been experiencing a stronger market this spring as compared to 2013 in terms of number of sales. Residential sales are up a substantive 27% and recreational sales are up 21%. Prices are down on recreational 7%, but up in residential by 17%. There also have been a number of higher priced residential sales. It will be interesting to see how this trend continues as we continue into the summer.

June 3, 2014 at 2:15 pm Leave a comment

Mid-Fall Market Update

Our County’s market started slowly, down 16 % year to year for cottage sales as of June 1st.  This was followed by steady improvement over the summer (down 12%).  With a good late summer/fall push – we are now ahead of last year for sales.  Prices are stable compared to last year. 

With respect to the residential (off-water) market, house sales are even, but prices down 5% from last year, which has improved as well this fall. 

For more information or for assistance with your real estate needs, contact Andrew Hodgson, Broker of Record/Owner Century 21 Granite Realty Group Ltd. 705-854-0130 or andrew@century21granite.com.

October 29, 2013 at 3:16 pm Leave a comment

Fall Update

Please find attached our fall newsletter.

Fall 2013 Newsletter

October 1, 2013 at 3:42 pm Leave a comment

Haliburton County Market Information March 21, 2012

We are  experiencing an early start to our spring season in more ways than one.  This record-breaking warm weather has helped to kick off a strong start to our 2012 spring market. 

The winter residential market is as strong as we have seen the last few years.  This is due to various factors, including record low interest rates, residential house prices coming down (off water 11% from 2009), pent up demand, etc.  Having said that, it is a sign of strength in the market place.

Non-water residential sales have increased from 17 sales last year (January 1, 2011 to March 20, 2011) to 45 sales this year (January 1, 2012 to March 20, 2012).  This represents 164% increase in residential listings that have SOLD.  If you have been considering listing your property, the conditions now seem to be ideal to hit this strong spring market we are experiencing.

Also, if you have been considering buying, this nice warm weather would allow you the opportunity to enjoy an early start to the cottage season.  We have numerous wonderful properties to suit individuals of various styles, tastes and lifestyles.

Our company, Century 21 Granite Realty Group Ltd., will be prominent at the Cottage Life Show at the end of March – be sure to drop by and say hello to one of our agents in our large double booth.

March 21, 2012 at 4:32 pm Leave a comment

Market Statistics October 18, 2011

With all the negativity in the news surrounding volatile equities markets, it is a prime time to invest in property in the scenic Haliburton Highlands.  We are experiencing a buyer’s market here and we have a wonderful community where you can not only make a great investment but it will also provide you access to all the great opportunities for enjoyment that our county offers.

Looking at the year statistics, up to October 15, 2011 there has been a 2.6% increase in the number of sales in Haliburton County for residential (non waterfront) houses, compared to the same period last year.  However, prices have dropped 13%.

Recreational (waterfront) sales are down 17% and the average price is down 5% over last year.  When looking at vacant waterfront, sales are down 8% and price is down 21% year to year.

With still record low interest rates, there still is a lot of time left this year to purchase a prime Haliburton property.

October 18, 2011 at 7:06 pm Leave a comment

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