Inventory doubles as sellers cash in on favourable market conditions
Muskoka, Ontario
2023 RE/MAX Cottage Trends Report
• Families, retirees, and investment buyers are currently driving much of the activity in the region. • The most in-demand features/amenities include access to recreational activities (i.e., water sports, skiing); followed by access to good Wi-Fi; and larger properties with more outdoor/green space. • Inventory in the region has more than doubled from 2022 to 2023 as a result of sellers taking advantage of the market.
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$841,887
2023 (January-March)
average price
$978,950
2022 (January-March)
-14%
Year-Over-Year
-34.5%
284 unit sales
186 unit sales
Sales stats
market outlook
-5%
2023 Sales Estimate
+2%
2023 Price Estimate
Average price
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Seller's Market
