Blog & Real Estate News

Highlights of Muskoka: May 2023 Real Estate

Leading into peak cottage season, the May real estate market in Muskoka showed strong signs of increasing inventory. Impressively, both on and off-water markets were averaging below 20 days on market for new listings, meaning that there are still eager buyers looking to get into the market before or during the summer months. While overall sales activity were down 7.8% in waterfront and 10.1% residential, the number of new listings increased significantly from May 2022. This is promising for first time homeowners or families looking to break into the cottage market. Increased inventory provides more opportunity for conditional periods and negotiations.

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Highlights of Muskoka: April 2023 Real Estate

April marks the beginning of the peak season for real estate activity in Muskoka. The region attracts buyers seeking vacation homes, retirement properties, and investment opportunities. The ongoing trend of individuals seeking a change in lifestyle, favouring rural and recreational areas over urban centers, has contributed to the rising demand for properties in Muskoka. Additionally, the COVID-19 pandemic has accelerated the desire for spacious and remote locations, making Muskoka an ideal choice for those looking to escape city life.

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