Parry Sound Cottage Market | Year End Review & 2026 Outlook
2025 Review 2025 proved to be another difficult year for the Parry Sound cottage market. Sales edged higher, increasing 2.5% from 2024 to 373 transactions, but still ran approximately 31% below long-term historical norms. Weakness was evident across all price ranges. Even the luxury waterfront segment-properties priced above $2,000,000-saw sales…
Parry Sound Real Estate | Q3 2025 Statistics for Homes & Cottages
Parry Sound Real Estate Market Trends - Q3 2025 Overview The Parry Sound real estate market continues to adjust in 2025 as higher inventory levels and cautious buyer behaviour reshape pricing and absorption rates across both waterfront and non-waterfront segments. For buyers searching Parry Sound cottages for sale, current conditions…
Parry Sound Real Estate | 2025 Q2 Update
Parry Sound Real Estate Market Report - Q2 2025 Waterfront Segment Shows Signs of Buyer Advantage The second quarter of 2025 brought measurable shifts in both the non-waterfront and waterfront residential markets in the Parry Sound and Muskoka region. The data suggests a more favourable environment for buyers in the…
Parry Sound Real Estate | Summer 2025 Market for Cottages & Homes
Parry Sound Real Estate Snapshot Cottage Trends The waterfront real estate market in the Parry Sound area has continued to be muted this year with unit sales running well below historical averages. Similar to trends seen in Muskoka, the Parry Sound market tells a tale of two segments. Since the…
Parry Sound Real Estate – Firmly a Buyer’s Market
The Parry Sound real estate market has seen a significant shift, with home and cottage sales hitting multi-year lows as we move into the fourth quarter of 2024. Following a peak in mid-2021, demand has steadily declined due to a combination of factors including high interest rates, the foreign buyers'…
Cottage Real Estate – Spring 2024
The snow has melted, the ice is off the lakes and the spring cottage selling season is in full swing throughout cottage country. The trends in waterfront properties that were emerging last year have continued and in some cases intensified. We wrote an article over a year ago about Parry…
Parry Sound Real Estate | January 2024 Update
The latest statistics from The Lakelands Association of Realtors® for January 2024 are out, shedding light on the current state of real estate in Parry Sound. While it's important to note that the first quarter typically sees slower activity in both home and cottage sales, the data hints at evolving…
The Essential Cottage Buying Checklist
Every year in Ontario over 3000 waterfront properties are sold which is a staggering number considering the average sale price is just north of $1,000,000. I've been in the business a long time and it never ceases to amaze me how many people will seemingly give less thought to a…
Lake Manitouwabing Real Estate | 2023 Review
Lake Manitouwabing had 16 cottage sales in 2023 on the Lakelands Real Estate Board, up from in just 9 in 2022. They ranged in price from $442,000 to $2,775,000 with the average price for the year coming in at $1,145,250. The Parry Sound real estate market peaked in late 2021…
Why Now might not be the time to buy a Cottage in Parry Sound
Several weeks ago, I penned an article delving into the Parry Sound cottage real estate market. My motivation was simple-I wanted to empower clients with data, allowing them to make decisions grounded in reality rather than emotion. The realm of buying or selling a cottage often becomes an emotional journey;…
Parry Sound Cottage Real Estate | Sales by Lake 2020 – 2025
When we are walking through a property to list a common question is "how many cottages have sold on our lake this year?" and "how does it compare to other lakes?". To this end we have compiled a comprehensive list of Parry Sound area lakes with sales numbers going back…
Parry Sound Real Estate | October 2023 Update
In October 2023, residential non-waterfront sales in the Lakelands region, as reported through the MLS® System, reached a total of 307 units, marking a significant decline of 16.3% compared to the corresponding period in 2022. These sales were notably 40.6% below both the five-year and 10-year averages for the month…