In the month of July to date ( July 20th) there have been 7 sales on the three big lakes. 5 sales on Lake Muskoka, 1 sale on Lake Rosseau, and 1 sale on Lake Joseph
There have been 32 price reductions on the three big lakes. 22 on Lake Muksoka, 3 on lake Rosseau, and 7 on Lake Joseph
There are fewer sales by far than in previous years. At the end of this month I will give 2008 sales figures that you can compare to 2007 and 2006 sales figures for the end of July.
Many people are saying that prices are down and are quoting percentages. I think it is important to examine where these percentages come from. We have figures to show that there are fewer sales , however it is a much more complicated calculation to say that sale prices are down.
Be wary of statistics that have no basis in defendable fact.
There are at least two sales that occurred after being listed in less than a week on Lake Muskoka.