PSR Muskoka Market Report | November 2021

PSR Muskoka Market Report | November 2021

  • PSR Brokerage
  • 12/23/21

Sales of waterfront properties for the Lakelands region numbered 101 units in November 2021, down sharply by 33.1% from the same period in 2020 but more in line with historical averages for the month. Waterfront sales were 5.4% below the five-year average and 1% above the 10-year average for the month of November.

On a year-to-date basis, waterfront sales totalled 2,124 units over the first 11 months of the year. This was a slight decrease of 4.1% from the record breaking period in 2020.

The median price for waterfront property sales in November 2021 was $835,000, a moderate gain of 5.7% from November 2020. The more comprehensive year-to-date waterfront median price was $907,650, increasing by 29.7% from the first 11 months of 2020. The total dollar value of all waterfront sales in November 2021 was $103.5 million, down sharply by 32.9% from the same month in 2020.


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