Collingwood
Collingwood is a town located in Ontario, Canada, in the north of Toronto. This Canadian town is a great option for single people and young families, with its great spots for drink and food, boundless recreation opportunities and much more affordable real estate.
Collingwood is one of the most affordable towns in Canada. This town is a gateway to the beautiful Blue Mountain Ski Resort with cross-country trails and its downhill. It has many good schools and colleges so you do not have to worry about your children’s education.
Real Estate Market Outlook of Collingwood
During October, the real estate market of Collingwood offered 177 new listings. From the number of listings and average real estate price of $816,250 in Collingwood, we can say that the real estate market of the town is very competitive.
44 homes have been sold out in the last 23 days. The town has an average 36 days to sell a real estate market. The selling to listing ratio in Collingwood is 96 percent.
Different types of homes are available for sale in Collingwood. The most important ones are single family homes, detached homes, townhomes and condominiums.
Single family homes are particularly constructed for single families. The detached houses are isolated constructed houses in the town. Townhomes are constructed in rows with terraces. At last, we have condominiums. Condos are residential complexes. These have multiple housing units in which each of the units is owned individually.
Real Estate Market Analysis For Homes – October 2022
As of October, homes of different sizes are available for sale in Collingwood. Homes of different sizes would definitely be of different rates.
As of October, two-bedroom detached homes are available for sale at an average cost of $658K. This price was around $752K about three months ago. Similarly, a three-bedroom detached home is available for sale at an average $948K. This price was $961K about three months ago.
In the same way a four-bedroom townhome is available for sale at an average cost of $1.5M. This price was $1.1M about three months ago.
Next, we have townhomes. A two-bedroom townhome is available for sale at an average cost of $750k. This price was $826K about three months ago.
A three-bedroom townhome is available for sale at an average cost of $612K while this price was $844 about three months ago.
At last we have condominiums. A one-bedroom condominium is available for sale at an average cost of $385K. This price was $409K about three months ago.
A two-bedroom condominium is available for sale at an average cost of $401K. This price was $450k about three months ago.
From the October real estate data, we can see that there is a significant drop in the housing prices. Different homes are available for sale in different areas of Collingwood.
The cheaped house of the town is available for sale at a rate of $35,000. This is a two-bedroom home at 9 Harbor ST Collingwood, Ontario.
