Balance, Inventory & Buyers return to the grand bend cottage market
Grand Bend, ONtario
2023 RE/MAX Cottage Trends Report
• The recreational market in Grand Bend is currently experiencing balanced conditions, with steady inventory and well-priced properties garnering lots of attention.
• Higher interest rates have prompted some recreational buyers to put their purchase on hold or to lower their price point.
• A new trend forming in the market is co-ownership between families or friends, to make the cottage purchase more affordable.
Read the National Overview
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$912,135
2023 (January-March)
average price
$1,095,608
2022 (January-March)
-17%
Year-Over-Year
-31.5%
Year-Over-Year
38 unit sales
2022 (January-March)
26 unit sales
2023 (January-March)
Sales stats
market outlook
-10%
2023 Sales Estimate
No change
2023 Price Estimate
-17%
Year-Over-Year
$1,095,608
2022 (January-March)
$912,135
2023 (January-March)
Average price
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Balanced Market