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Oliver Reprich

Oliver Reprich Muskoka REALTOR

Did property prices increase in Bracebridge in 2016

According to the statistics of CREA the average sale price in Bracebridge increased from $270,805 in 2015 to $282,758 in 2016. This is a 4.2 % increase year over year. There was also a decrease of 19% for the average amount of time the property was on the market.

This is for residential properties.

For Cottage properties in Bracebridge the average price increase from $368,998 in 2015 to $439,622 in 2016. This is a 16% increase in the average price of a waterfront property. The number of days on the market also decreased from 68 to 55.

The full statistics can be viewed at http://homesofmuskoka.ca/documents/2016-2015-YOY-Muskoka-Residential-Statistics.pdf

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