Collingwood
Collingwood is a town located in Ontario, Canada, in the north of Toronto. The harbor of the town is in Nottawasaga Bay, southern part of the vast Georgian Bay.
Collingwood is a gateway to the beautiful Blue Mountain Ski Resort with cross-country trails and its downhill.
You must be concerned about life, what would it be like if you moved to the Collingwood area? Collingwood is definitely an amazing place to live which provides you a relaxed and affordable lifestyle that is balanced with restaurants and shopping.
Real Estate Market Outlook of Collingwood
Real estate market of Collingwood has always been challenging to the real estate market of other towns.
Different types of housing styles are considered by different families according to their taste and Budget. These include detached houses, condominiums and townhomes.
Single family detached homes are the main housing types in Collingwood, while remaining are apartment buildings, condominiums and townhomes. Collingwood primarily has two- and three-bedroom homes.
According to a rough estimate about one third of the population of the town are homeowners and around one quarter are renters. Collingwood has not experienced single building homes/apartments.
Real Estate Market Analysis For Condominiums – October 2022
According to recent real estate statistics, Collingwood is one of the most affordable towns in Canada. Current MLS real estate stats indicate an average home price of around $816,250.
The town has 183 new housing listings in the last twenty eight days. As of October, Collingwood real estate data has median days on the market for a house is 31 days.
Average sold price in Collingwood is $816k. This price shows a monthly change of 2.7 percent, quarterly change of 19.2 percent and yearly change of 3 percent.
Approximately 183 homes have been sold out during the last 28 days. Collingwood has a 96 percent selling to listing ratio.
Among all construction styles, the most affordable ones are condominiums. These houses are available in different areas of Collingwood at different prices. Their prices would definitely depend on the number of bedrooms in the condominium.
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.
There is a significant fall in the rates of condominiums. So, if you are planning to move to Collingwood, you should move during the month of October.
A one bedroom and one bathroom condominium are available for sale at 19 DAWSON Drive Unit#49, Collingwood, Ontario. This beautifully constructed condominium would cost you only $379000.
Similarly, another, a bigger one condominium with three bedrooms and one bathroom would cost you only $897000. You can find this condominium at 19 WOODLAND Court, Collingwood, Ontario.
In the same way, a two bedroom and two-bathroom condominium are also available for sale at 91 RAGLAN Street Unit # 401, Collingwood, Ontario. This condominium is $799,900.
