balanced market expected to continue through 2023
Lake Simcoe, Ontario
2023 RE/MAX Cottage Trends Report
• Families and retirees are currently driving market demand for recreational properties in the Lake Simcoe region. A notable trend is the blurring lines between recreational and residential.
• The most in-demand features/amenities are waterfront locations, followed by good Wi-Fi access, and the size of lake coupled with access to other lakes.
•The convenient location of Lake Simcoe in relation to the GTA is expected to keep this region in high demand.
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$1,800,000
2023 (January-March)
average price
$1,700,000
2022 (January-March)
+5.9%
Year-Over-Year
-60%
Year-Over-Year
25 unit sales
2022 (January-March)
10 unit sales
2023 (January-March)
Sales stats
market outlook
no change
2023 Sales Estimate
+5.8%
2023 Price Estimate
+5.9%
Year-Over-Year
$1,700,000
2022 (January-March)
$1,800,000
2023 (January-March)
Average price
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Balanced Market
Balanced Market