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What a month October was on the Bruce Peninsula! We had great weather, a sneak peek of winter, and a busy real estate market for our team. We saw 16 MLS ends (either a buy or sale) – meaning an additional 16 happy buyers or sellers!!
Across the Grey Bruce Owen Sound area, the month of October saw a moderate to normal sales activity. The number of homes sold in the area decreased from October 2020 however, still remains 6.2% above the 10-year average.
The average price of homes sold increased from October 2020 by approximately 26%. The benchmark price for single-family homes increased to $527,800 in October 2021.
While sales continued, the number of new listings was the lowest number added in the month of October in more than 15 years! New listings were 12.6% below the five-year average, and over 14% below the 10-year average for the month of October.
The months of inventory is up slightly from October of 2020 (1.3) to 1.5 months in October 2021 – this is the number of months of inventory it would take to sell current inventories at the current rate of sales activity.
While inventory remains low, demand continues in the area. This far, the month of November remains busy with potential buyers inquiring on homes, cottages, land and commercial opportunities.
If you have any questions about your local real estate market, please do not hesitate to contact our team!
Ashley Jackson, Broker & Team Leader
519-477-9713 // ashley@greybrucerealestate.net
Darlene James, Broker & Team Consultant
519-379-3121 // darlene@greybrucerealestate.net
Nellie From, Broker
519-377-3914 // nellie@greybrucerealestate.net
Heather From, Sales Representative
647-975-3192 // heather@greybrucerealestate.net
Dylan Dolson, Sales Representative
519-596-1221 // dylan@greybrucerealestate.net
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8 Helen St.
Lion's Head
$599,900
Corner Lot
Downtown Lion's Head
Views of the Bay!
Steps to the Beach!
Main level offers dining rooms, pub area, commercial kitchen, washroom covered patio & deck
Upper Level offers guest rooms with additional washroom, laundry area and public washrooms
Turn-key
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Part 1 & 2 Cape Chin North Road
Northern Bruce Peninsula
$199,000
2.5 Acres
Several Trails Close By
Short Drive to Georgian Bay Water Access
15 Minutes to Lion's Head
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Unit 6 Stokes Bay Road
Stokes Bay
$99,900
66' x 165' lot
Driveway in with Cleared Area
Located Close to the Government Dock, Black Creek Provincial Park & a Sandy Beach
Only a Short Drive to Lion's Head or Tobermory
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682 Dorcas Bay Road
Tobermory
$989,000
Gradual Lake Huron Shoreline
4 Bedrooms/2 Baths
Upper Level Deck with Glass Railing
Open Concept Kitchen
Lower Level Attached Garage
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84 Zorra Drive
Tobermory
$1,399,999
Minutes from Tobermory
Double Lot on the Shores of Lake Huron
Over 3400 Square Feet
Beautiful Two Way Fireplace
Lower Level Walkout
Detached Garage
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146 McKague Road
Northern Bruce Peninsula
$828,000
Views of Georgian Bay
4 Bedroom/2 Bathroom
Bruce Trail Steps Away!
Large Open Concept Living Room & Dining Room
Vaulted Ceilings
Attached Garage
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Shorter days are here and winter is approaching (we already has a taste of it) now may be your last chance to make sure your yard is ready for the snow and colder temperatures.
1) Clean up and cover (or put away) patio furniture
2) Clean out the gutters
3) Mow the lawn one last time
4) Tool Storage - clean off any debris on your tools before you put them away for the winter. To prevent rust, rub with oily rag.
5) Drain your hose before you store it away for the winter and make sure the water supply is turned off.
6) Deadhead plants & trim branches.
7) Prepare for next spring - make a list of things that need done in the spring ie: fix up the pathway, repair the back stairs etc.
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Our Service Areas:
Tobermory
Miller Lake
Dyers Bay
Lion's Head
Pike Bay
Wiarton
Georgian Bluffs
Sauble Beach
Owen Sound
And everywhere in between!
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*not intended to solicit any property already listed for sale or any buyer currently under buyer representation.
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*The information in this Newsletter is intended solely for the personal use of the owner. While we have taken every precaution to ensure that the content of this Newsletter is both current and accurate, errors can occur.
The information contained in this Newsletter is general in nature, and should not be considered to be legal, tax, accounting, consulting, or any other professional advice. In all cases, you should consult with our team regarding your specific property for more accurate information.
RE/MAX Grey Bruce Realty Inc., Brokerage (Tobermory) assumes no responsibility or liability for any errors or omissions in the content of this Newsletter. The information contained herein is provided on an 'as is' basis with no guarantee of completeness, accuracy, or usefulness and without any warranties of any kind whatsoever, express or implied.
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