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What’s Happening With Real Estate Prices in the Georgian Triangle
Collingwood, Blue Mountain and Area Real Estate Prices Rising Again
First, a disclaimer:  Statistics can be dangerous things if they are not carefully and accurately assessed.  For example, our MLS® system uses average sale prices rather than median sale prices.  Neither is an exact science but when used comparatively, it gives us a general sense of trends only.  For example, the absence or presence of very low or very high-end sales can dramatically alter averages within small sampling groups.  Now having said that, I think we have a fairly safe picture emerging.  I've taken a look at the average sale prices of residential properties in six areas including Blue Mountain, Clearview, Collingwood, Grey Highlands, Meaford and Wasaga Beach.  Using the MLS® data provided for those areas by the Georgian Triangle Real Estate Board, here's what I found:
The 12-month average residential sale price at the end of December 2009 was $298,150 This was 2.6% higher than at the end of December 2008 but 4.9% below December's 2007 record high The highest average sale price continues to be in the Blue Mountains which ended the year at $453,258 while the lowest was in Clearview Township with a 12 month average ending at ... more

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