Investing In Collingwood Ontario Real Estate
About Collingwood Ontario
Collingwood Ontario is an exciting, vibrant town idyllically located on the shores of Georgian Bay nestled between the16 miles of freshwater beaches that make up Wasaga Beach and the treed landscape and top-notch ski resorts of Blue Mountain. Collingwood offers a very desirable, year round lifestyle for families, retirees as well as recreational property owners. With access to 23 Golf Courses, the Collingwood and Thornbury Harbours, 7 ski resorts and the extensive Collingwood and Georgian Trail System there is no shortage of places to play and things to do. And after the playing is done? Enjoy the varied food and beverage establishments, and annul events that adorn the main street of Collingwood and surrounding communities. The Tastes of Town are great and the friendly small town vibe is engaging. If Art is your passion then welcome to our inspiring community of fine art, music and theatre for all ages.
When our family decided to move back to Ontario from Arizona, we looked at many communities. We finally decided to set roots in Collingwood because it offered exceptional four season, outdoor recreational opportunities within smaller town benefits (air quality, low crime, friendly faces, little traffic) all in conjunction with some big city sophistication when it came to dining, boutiques, entertainment, school quality and populace. And if we really needed a big city fix, we are only 90 minutes from Toronto. Oh… and did we mention the cost of living? Exceptional real estate value for your money.
The Collingwood area is a true gem and is really starting to make a name for itself amongst retirees, empty nesters and young families valuing a quality, balanced lifestyle.
Collingwood Homes For Sale
When it comes to Collingwood Real Estate, the options are plentiful, and the prices are reasonable, especially if you are liquidating something in the city and looking for a more serene setting. Here are some of the options available to you.
New Home Developments:
There are currently several new developments in Collingwood featuring single family home as well as higher density townhomes and condominium options. All have their own unique personalities and benefits.
Georgian Meadows
Pretty River Estates
Admiral Place Condominiums
Silver Glen Preserve
The Enclave at Tanglewood
Lakeside Pointe
Existing Neighbourhoods:
Opportunities for resale Collingwood homes for sale in town are plentiful with many mature neighbourhoods with close proximity to the best the town has to offer.
Full in town lots are 60 X 150 and mostly well treed, featuring a mix of renovated turn of the century architecture and newer custom homes. There is definitely a trend of buzz in the air with all the renovations occurring as people decide to purchase in locations with larger lots and excellent waking access to downtown and the waterfront.
Collingwood Real Estate Market Conditions
Spring seems to have arrived early to Collingwood. The early thaw appears to have permeated through to the Collingwood real estate market which also appears to be in bloom based on the latest monthly statistics published by the Georgian Triangle Association of REALTORS® (“GTAR”). In fact, according to these numbers, April marks the eighth consecutive month of year over year increases in the recorded number of properties sold compared to the same month for the year previous. In April GTAR recorded 206 property sales for the month, 23% more than the 167 sold in April 2011. That brings the year to date total to 609 sales, which is 18% ahead of the 514 sales logged by this time last year. Dollar volume figures are very consistent with unit sales coming in 24% ahead of last year, reflecting the fact that the increased activity is relatively evenly spread across all price levels.
New listings were up by 13% over last year with 756 new properties coming onto the market this last month compared to 668 last April. Year to date figures show a 10% increase thus far with a total of 2383 new listings this year compared to 2163 last year at this time. Consistent with this and despite the increase in sales, market inventory went up by 6% year over year with 2320 active listings in the Georgian Triangle MLS® system in April of this year compared to 2189 one year ago.
Interestingly, however, in stark contrast to all of the media hype about overpriced and overheated markets, average prices for Collingwood area homes for sale have remained remarkably stable in recent months and have even shown some moderate softening, as indicated in earlier reports.
The spring real estate market for Collingwood appears to have legs. All indicators point to both sustainable growth and stable pricing, reinforced by improving economic fundamentals, steady demand, and accessible financing. As indicated, however, given flatter price trends, it is apparent that buyers continue to drive a hard bargain and are not prepared to spend recklessly. Sellers therefore will have to remain realistic in pricing their properties.
Rob McAleer
Sales Representative
ScholteHomes.com
Chestnut Park Real Estate Limited, Brokerage
For more information regarding Collingwood homes for sale and Collingwood real estate please visit http://www.scholtehomes.com
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