PSR Muskoka Market Report | September 2021

  • PSR Brokerage
  • 11/15/21

Sales of both waterfront and non-waterfront properties were down from their respective records last September but still managed a solid showing for the month," said Chuck Murney, President of the Lakelands Association of REALTORS®. "Price gains for both property types are still going strong at more than 20% year-over-year but have cooled significantly from the more extreme jumps of over 40% seen earlier in the year. Overall supply levels continue trending at record lows, so it’s unlikely that the upward pressure on prices will subside in a meaningful way in the near future as long as these trends persist."

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI single-family benchmark price was $628,500 in September, advancing 32.1% on a year-over-year basis.



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