Real Estate Market Report February 2023

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).


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).

The current absorption rate for Lakelands West has increased to 19% entering March 2023. This ratio statistically still represents a “buyer’s market” although if it continues to increase we will eventually find some balance in the marketplace.


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).

Your GO TO Team remains available to provide additional information and to meet all your real estate needs. Please call, text or email us today!
Please click the following link to view the entire Market Report for this month: REMAX_MarketReport_FEBRUARY-2023

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