February Market Report
Sales Activity:
In the Month of February 2023, there were a total of 101 residential unit sales reported in Lakelands West (The Blue Mountains, Clearview, Collingwood, Grey Highlands, Meaford, and Wasaga Beach). The number of sold units is down -36.9% from last year (162 unit sales in February 2022).
Inventory:
The number of new listings in February 2023 (246 new listings) was +9.3% higher than in February 2022 (225 new listings) in all of Lakelands West. Although month to month, the number of new listings was down -8% from the previous month in January 2023 (254 new listings).
Value:
The average sale price year to date in all of Lakelands West in February 2023 was $934,499 for a residential residence (all residential). This value is down -16.5% from February 2022 ($1,119,165), and down -5.25% over the year-to-date average residential sale price last month in January 2023 ($986,311).
