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The Lakelands Association of REALTORS

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Residential non-waterfront, waterfront sales set August records

Residential non-waterfront sales activity recorded through the MLS system of Muskoka Haliburton Orillia
The Lakelands Association of REALTORS numbered 240 units in August 2016, rising 24.4 per cent from
August 2015.
On a year-to-date basis non-waterfront sales were still running at the highest level ever, up 11 per cent from the
first eight months of 2015.
Sales of waterfront properties rose 17.3 per cent year-over-year to 269 units in August 2016.
On a year-to-date basis waterfront sales were up 13.8 per cent from the first eight months of 2015. This was the
best start to any year on record.
With residential non-waterfront and waterfront sales both setting records for the month of August, both
segments of the market remain on track for new annual sales records this year, said Mike Taylor, President of
Muskoka Haliburton Orillia The Lakelands Association of REALTORS. The median prices for nonwaterfront and waterfront properties both also posted sizeable year-over-year gains in August.
The median price for residential non-waterfront property sales was $258,500 in August 2016, up 9.5 per cent
from August 2015. The median price for waterfront sales was $442,500 in August 2016, an increase of 14.8 per
cent from August 2015.
The dollar value of all residential non-waterfront sales in August 2016 totalled $68.6 million, rising 39.5 per
cent from August 2015. This was a record for August and marked the first time volumes had ever surpassed $50
million in this month.
The total value of waterfront sales was $186.4 million, jumping 51.8 per cent from August of last year. This was
the highest level of any month on record.
The area served by the more than 680 REALTORS who belong to Muskoka Haliburton Orillia The
Lakelands Association of REALTORS serving Muskoka, Haliburton and Orillia, is located less than a twohour drive north of Toronto, in the heart of Canada's Cottage Country. There are several major geographical
areas within the Association's boundaries, including the City of Orillia, Gravenhurst, Bracebridge, Muskoka
Lakes, Huntsville, Almaguin Highlands, Lake of Bays and Haliburton. Each of these areas has a unique blend
of properties ranging from residential homes in the City of Orillia and smaller towns to the rural areas inbetween, as well as a mix of waterfront homes/cottages on the many rivers and lakes throughout our regions
that range from the smaller entry level properties to the prestigious.
Summary Sales by Housing Type
Category

August
2016

August
2015

Year-over-year
percentage
change

Non-Waterfront

240

193

24.4

Residential
Waterfront

244

208

17.3

Includes transactions in all areas recorded by Muskoka Haliburton Orillia The

Lakelands Association of REALTORS
Summary Median Price by Housing Type
Category

August
2016

August
2015

Year-over-year
percentage
change

Non-Waterfront
Residential

$258,500

$236,000

9.5

Waterfront

$442,500

$385,550

14.8

Includes transactions in all areas recorded by Muskoka Haliburton Orillia The

Lakelands Association of REALTORS
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Detailed Non-Waterfront Residential Sales and Median Price by Area

Non-Waterfront Residential
Unit Sales

Median Sale Price

Year-overAugust August
year
2016
2015 percentage
change

By Area

August
2016

August
2015

Year-overyear
percentage
change

Muskoka

132

85

55.3

$239,500 $230,000

4.1

Haliburton

22

11

100.0

$220,000 $155,000

41.9

Orillia

86

95

-9.5

$296,000 $250,000

18.4

All Other
Areas

-100.0

$0 $211,000

-100.0

Note: A percentage change of -- indicates there were no sales in the same

month one year ago.
Detailed Waterfront Sales and Median Price by Area
Waterfront
Unit Sales
By Area

Year-overAugust August
year
2016
2015 percentage
change

Median Sale Price

August
2016

August
2015

Year-overyear
percentage
change

Muskoka

163

120

35.8

$490,000 $424,000

15.6

Haliburton

55

55

0.0

$374,900 $332,600

12.7

Orillia

26

33

-21.2

$472,500 $376,000

25.7

All Other
Areas

--

$0

$0

--

Note: A percentage change of -- indicates there were no sales in the same

month one year ago.

Important information
The area served by the more than 680 REALTORS who belong to Muskoka Haliburton Orillia The
Lakelands Association of REALTORS serving Muskoka, Haliburton and Orillia, is located less than a twohour drive north of Toronto, in the heart of Canada's Cottage Country. There are several major geographical
areas within the Association's boundaries, including the City of Orillia, Gravenhurst, Bracebridge, Muskoka
Lakes, Huntsville, Almaguin Highlands, Lake of Bays and Haliburton. Each of these areas has a unique blend
of properties ranging from residential homes in the City of Orillia and smaller towns to the rural areas inbetween, as well as a mix of waterfront homes/cottages on the many rivers and lakes throughout our regions
that range from the smaller entry level properties to the prestigious.

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For more information,
please contact:
(705) 788-1504
Crystal Henderson, CRAE, e-PRO Executive Officer
chenderson@thelakelands.ca Ext. 222

President
Mike Taylor

The information contained in this report has been prepared by The Canadian Real Estate Association, in cooperation with Muskoka Haliburton Orillia The Lakelands Association of REALTORS. The information has
been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not
guaranteed. In providing this information, neither The Canadian Real Estate Association nor Muskoka
Haliburton Orillia The Lakelands Association of REALTORS assumes any responsibility or liability.
Copyright 2016 The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part
is prohibited without written permission.

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