22 November 2020 Posted By : Kayla Gladysz

Record Sales Continued in Muskoka Region Through October: CREA

The weather has officially cooled down, but the Muskoka region’s real estate market has not, according to recent stats from the Canadian Real Estate Association (CREA).

Sales activity recorded through the MLS System for the Lakelands region shows a total of 630 units — residential non-waterfront and waterfront — sold through October.

Of those, 391 units were non-waterfront, increasing 18.5% from October of 2019. Waterfront property sales numbered 239, up 34.3% from the same month last year, while both property types set new records for the month.

Where year-to-date sales are concerned, residential non-waterfront sales totalled a record 2,923 units over the first 10 months of the year, up 15% from January through October of 2019. Meanwhile, waterfront sales increased 44.4% year-over-year, reaching a record total of 2,163 units through the first 10 months of 2020.

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