HomeTrendsMarket Trends 2020

Market Trends 2020

Chart shows that December homes sales in Prince Edward County were almost double last year.
Market Trends 2020

December 2020: Seller’s Market Continued, But Will It Last?

January 5, 2021 Treat Hull 0

The strong seller’s market continued into December, but the impact of Boxing Day lock-down on sales for early 2021 remains to be seen. Demand Fueled by continuing demand from Toronto buyers, home sales continued at […]

Chart shows how existing homes sales in Prince Edward County plummeted during November 2020 as the second wave of Covid-19 hit Toronto.
Market Trends 2020

Second Wave Stalls County Real Estate

December 9, 2020 Treat Hull 0

Introduction Despite a general slowdown in County real estate in November brought on the Covid-19 second wave, dhe average price for homes continued to increase. Demand November home sales in the County fell almost 60% […]

Chart shows how listings of existing homes in Prince Edward County continued to fall dramatically during October 2020.
Market Trends 2020

Many Want to Come, Few Want to Leave

November 5, 2020 Treat Hull 0

in a continuation of the pattern seen in September, October demand for County properties continued to exceed the supply of listings. The reason is simple: a lot of people want to move from Toronto to […]

Chart shows that average house prices in Muskoka have been 20-33% higher than in Prince Edward County over the last 5 years.
Market Trends 2020

Prices Compared in Rural Areas

October 26, 2020 Treat Hull 0

Introduction Some buyers coming from areas like Toronto start out to buy in the County, while other “comparison shop” between different rural areas, looking at things like house values and amenities. So how do Prince […]

Graph shows that existing home sales in Prince Edward County for September 2020 were 225% higher than a year earlier.
Market Trends 2020

County Real Estate Unsustainable

October 8, 2020 Treat Hull 6

Extraordinary demand coupled with low listings are making County real estate unsustainable. With September sales at 225% of last year and inventory at 1/8th of normal levels, resale homes in the County are becoming harder […]

Chart shows monthly sales for existing home in Prince Edward County for the first 7 months of 2019 and 2020
Market Trends 2020

July 2020: Existing Home Sales Up 66% From June, Listings Still Soft

August 3, 2020 Treat Hull 0

Introduction Driven by Toronto residents fleeing the big city, Prince Edward County existing home sales exploded in July to almost double the number sold in July 2019.  Although sales have more than recovered from depressed […]

Chart shows that Prince Edward real estate sales made a strong recovery in June, nearly doubling May sales.
Market Trends 2020

County Real Estate Recovered Strongly in June

July 6, 2020 Treat Hull 0

After the pandemic-induced depression in real estate during April and May, County real estate recovered strongly in June, moving close to bubble territory. Demand Doubled From May to June home sales exploded, with double the […]

Chart shows that County homes sales increased in May, but were still far below normal.
Market Trends 2020

May 2020: County Sales and Listings Increased, Still Way Below Normal

June 7, 2020 Treat Hull 0

The Covid-19 pandemic wrecked havoc with the Prince Edward County real estate market during March and April. As the province started to open up in May, we saw County sales and listings increased, but were […]

Chart shows how COVID-19 caused April 2020 home sales in Prince Edward County to fall by 54% compared to the average for the previous 5 years.
Market Trends 2020

April 2020: Covid-19 Wrecks Havoc With County Real Estate

May 22, 2020 Treat Hull 2

Along with the rest of the country, the Covid-19 pandemic is wrecking havoc with the Prince Edward County real estate market. Home Sales Collapse Home sales in the County are highly seasonal. Starting from the […]

Chart shows the 3-month moving average for house prices in Prince Edward County which have increased at 15% annually for the last 5 years.
Market Trends 2020

County Prices Not Affected By Hot Toronto Market…Yet

February 26, 2020 Treat Hull 0

Despite newspaper reports of a surge in the Toronto real estate, County prices are not affected by the hot Toronto market…at least, not yet. For example, today’s Globe and Mail online real estate section (available […]

Treat Hull