supported by the apparent seismic shift in buyer demand towards waterfront properties, continued 4xcottages previously... **spotless 4 season home/cottage with pristine weedfree waterfront on sturgeon lake with gorgeous sunset views across the open bay! Since January 1, 2020 there have been 56 new listings and 40 sales. the lot is # 22 in the land grid photo. There were 24 new listings and 14 sales in May 2018, compared to 20 new listings and 10 sales in the same period last year. There have been 12 post-Labour Day sales to October 15th, compared to 6 in the same period last year. There are 10 real estate listings found in Sturgeon Lake, MN.View our Sturgeon Lake real estate area information to learn about the weather, local school districts, demographic data, and general information about Sturgeon Lake, MN. 78 Properties in Sturgeon Lake from $92,500. 4 bedroom/2 full bathroom split-level home with attached and detached garages. The average sale price was $559,000 in 2017, up 6% from 2016, and 41% from 2014. This is largest sturgeon harvested on the upper lakes of the Lake Winnebago chain to date. Edina Realty, Inc., a Berkshire … This disproves the expectation that prices would fall due to the high levels of waterfront inventory leading into the fall selling season. Find great deals on Property for Sale in Sturgeon Lake, Minnesota on Facebook Marketplace. Since January 1, 2020 there have been 21 new listings and 11 sales. The average sale price for the 11 sales so far is $618,000, slightly lower than the $638,000 average selling price for all of 2019. Since January 1, 2020 there have been 44 new listings and 30 sales. Taxes are TBD in 2019. There have been 15 sales during the September 1 to October 15 period, versus only 24 during the previous nine months ending September 1st. This increase in prices, which is consistent with trends across all major lakes I service in the western Based on the most recent evidence, this gap seems to be resolving in favour of sellers. View ranches for sale in Sturgeon Lake, SK listed between $995,000 and $995,000. Since January 1, 2019 there have been 36 new listings and only six sales. The 2019 average fell significantly due to that same sale of the high-priced property, which sold at a relatively low sale price-to-assessed value ratio. 92467 Lake 12 Rd, Sturgeon Lake, MN 55783. the summer. The average sale price-to-assessed value ratio for 2019 sales is 1.49, up from the 2018 full year average of 1.38, indicating underlying strength in Sturgeon Lake waterfront prices. I calculate this The fall selling season has again been very strong on Sturgeon Lake. This data therefore suggests that prices are flat year-over-year. I noticed strong momentum in the fall months – almost half of Kawartha Waterfront Realty’s Whether you are looking for appliances, household items, furniture or tools around Sturgeon Lake, snaplist is the best place to buy and sell used stuff. Nestled on the outskirts of Sturgeon Falls you will find paradise in this lovely - untouched waterfront setting...... 3 bedroomswaterfrontkawartha lakes waterfront resort cottage - 3 bedrooms, sleeps 6, move-in-ready.Own a cottage at the gateway to kawartha lakes!Outright... 765 Feet Cleared Waterfront On The Beautiful Sturgeon River Near The Mouth Of Lake Nipissing Total Of 44Acres, Steel Out Building 25 X 30. It is therefore necessary to analyze the sales data on a monthly basis in across the key lakes and rivers in the western Kawarthas was 1.44, up 3% from 1.40 in 2018. You can see that prices were strong in the first two months of Refer to my ". Last year during the same period there were 27 new listings and 20 sales. Sixty-four properties were sold in 2017, down from 81 in 2016. partially cleared. The 44 new listings is lower than in previous years and is the key driver of this increased ratio. address is 57 Landing Drive. there were only 50 sales in 2019. We have a great appreciation for the history of the lakes we service, and are pleased to share with you some of the heritage postcards we have collected. Feat Exceptional quality, built in 2011. Fenelon Falls is located at the top of the northwestern arm; Bobcaygeon the top of the northeastern arm, with Lindsay to the south Located in the Kawartha lakes region of Ontario, Canada. Year-to-date sales continue to be significantly lower than in the same periods in 2017 and 2018. In other words, the sale price for a given property was, on average, 1.38 times that property’s 2016 MPAC assessed value. However, the buyer population differs somewhat on Sturgeon Lake in comparison to these other lakes in that Sturgeon Lake attracts a higher proportion of buyers looking to live year-round on the lake. Whether you are an owner of a cottage who is considering selling, or a prospective buyer, it is important to be as informed as possible on local market conditions. The average sale price for the 28 sales in 2018 is $604,000, up 8% from $559,000 in 2017. New and used Cars for sale in Sturgeon Lake, Minnesota on Facebook Marketplace. Both listing activity and sales to-date in 2019 are down materially from the previous two years. This premier building lot offers 3.26 acres with 200 feet of south facing... You still have time to enjoy this mobile home until December 31st. Looking forward, I am cautiously optimistic that 2020 will be a positive year for the waterfront There were 27 listings on Sturgeon Lake as at October 15th. There were 36 active listings on Sturgeon Lake as at August 31, 2019. The average sale price for the 25 sales this year is $571,000, up slightly from the average sale price of $559,000 for all of 2017. The average sale price in 2019 is $641,000, down slightly from the $658,000 average for all 2018 sales. Cottage buyer interest receded somewhat after the imposition of the foreign buyer tax in the GTA. We can conclude from this data that sellers continue to be resistant to accepting lower prices for their waterfront properties, while fewer buyers are willing to step up and pay the prices demanded by sellers. For the 24 active listings on Sturgeon Lake as at April 30, 2018, the average asking price to assessed value ratio is 1.55. There are currently 42 active listings on Sturgeon Lake, with an average Asking Price-to-MPAC Assessed Value ratio of 1.52. There were only 15 waterfront properties for sale on Sturgeon Lake as at the end of August 2020 versus 36 at the same time last year. © 2020. order to understand the underlying price trends. 244 Balsam Lake Drive, The average Sale Price-to-MPAC Assessed Value ratio for the 40 sales so far this year is 1.44, up slightly from the 1.38 ratio realized for all sales on Sturgeon Lake last year. Value Ratio. Acreage approximate and property lines are negotiable. Year-to-date sales of 39 waterfront properties still lags 2017 and 2018 sales over the same period however. Sturgeon Lake has not one, but 3 major towns located on its banks. Grande prairie and valleyview are nearby cities. In my previous career as a managing director at a major Canadian financial institution, I developed a deep appreciation for the importance of sound analytics, and have applied these concepts to glean insights on broader market trends as well as individual property valuation. for each two-month period in 2020. previous three years. View homes for sale in Sturgeon Lake, Alberta, property images, MLS® house details and more! Much stronger sales in May, and prices are holding up. Sale prices remain strong despite high listing volumes and lower sales. However, the 11 sales in June is an encouraging sign that buyers are re-emerging. ~ David Donais, Broker of Record/Owner, Strong seller’s market continues to push prices higher, Strong seller’s market is pushing prices higher, Strong start to the year followed by pandemic slowdown, Significant Uptick in Sales in Fall Selling Season, Fall market sales activity has been strong, with some evidence of sale price discounting. long driveway to a clearing. You can cancel your email alerts at any time. At the present time there is no evidence of falling prices for waterfront properties and sellers are for the most part holding firm to their asking prices. “bubble” conditions were not evident in our market. Sturgeon Lake Stuff For Sale. Welcome to Birchcliff Estates - one of the newest subdivisions on Black Sturgeon Lake! $199,000. astounding are the post-September 1st results, which saw an additional upward surge in prices from It is not surprising that market conditions are weaker in comparison to last spring when there was a significant overhang of buyers with substantial equity positions in their GTA homes. Perfect opportunity to own a parcel right in Sturgeon Lake! Our market area includes: (TSW is Trent-Severn Waterway). Waterfront market activity on Sturgeon Lake and across the western Kawarthas was especially The average sale price-to-assessed value ratio for 2019 sales is 1.49, up from the 2018 full year average of 1.38. favorite this post Dec 26 Jogging stroller Explore 15 listings for Sturgeon Lake waterfront cottage for sale at best prices. Another factor likely resulting in lower sales activity is that asking prices are relatively high. The average sale price for the 20 sales this year is $573,000, down 6.7% from the January 1 to May 31 period last year, but up 2.5% when compared to the average sale price of $559,000 for all of 2017. Since January 1, 2019 there have been 28 new listings and only five sales. Welcome to Birchcliff Estates - one of the newest subdivisions on Black Sturgeon Lake! Sturgeon Lake realtors are here to offer detailed information about ranches for sale or help you make an informed buying decision.View comprehensive demographics data or compare side by side up to 4 farm listings. View lake property for sale MN. ... Browse 13 Sturgeon Lake Homes, Cabins & Lake Lots For Sale. All lakes in the Kawartha Region of the TSW, from Canal Lake to Stoney Lake; The many lakes off the TSW, from Lake Dalrymple in the West to Jack Lake in the East. info@kawarthawaterfront.com, Our real estate brokerage services all of the Kawartha Lakes and southern Haliburton. The metric I use to track pricing trends is the Sale Price-to-MPAC Assessed Value Ratio, which is The average sale price in 2019 is $669,000, up from the $658,000 average for all 2018 sales. Explore all Sturgeon Lake real estate with RE/MAX, Canada's #1 Real Estate Brand. View our Sturgeon Lake real estate area information to learn about the weather, local school districts, demographic data, and general information about Sturgeon Lake, MN. Five of the six sales so far in 2018 have been in the $500,000 - $600,000 range, with no sales above $600,000. Other key takeaways from the 2018 market include: The post-September 1st market was very strong on Sturgeon Lake – 25 waterfront properties sold $50. This relatively high ratio of sales to new listings (80%) is indicative of a strong seller’s market. mls# 4878605 - lake lot 142.650 sturgeon lake . One metric I track closely to provide insight into pricing trends is the Sale Price-to-MPAC Assessed Slow June fails to maintain May’s momentum. The average Sale Price-to-MPAC Assessed Value ratio for the 28 sales so far this year is 1.44, up slightly from the 1.38 ratio realized for all sales on Sturgeon Lake last year. The emerging trends of working from home and cottage vacationing as a replacement for air-travel vacations bode well for demand in the medium term, while the impending recession/depression represents a threat to short-to-medium term valuations. The average Sale Price-to-MPAC Assessed Value ratio for the 52 sales so far this year is 1.42, up slightly from the 1.38 ratio realized for all sales on Sturgeon Lake last year. The average sale price-to-MPAC assessed value ratio for the 2020 sales is 1.64 versus 1.46 for all Sturgeon Lake sales in 2019 and indicated strong upward price momentum. Find great deals on things for sale in Sturgeon Lake, MN. Homes for sale in Sturgeon Lake, MN have a median listing price of $124,900. Sturgeon Lake, Saskatchewan - For Sale - 1,040 sq.feet - 2 bathrooms As of today, there are 7 sturgeon lake houses for sale. through the winter months. favorite this post Dec 26 75 vhs tapes, vcr player and storage trunk $100 (Sturgeon lake) hide this posting restore restore this posting. In 2018, the average ratio for the 66 Sturgeon Lake sales was 1.38, unchanged from 2017. However, if the highest priced sale in 2019 is excluded from the data, the 2019 ratio falls to 1.43, only slightly above the 2018 level. Feedback from our buyer agents indicate that there was a sizable gap between seller and buyer expectations earlier in the year, with buyers expecting to pay lower prices in line with GTA trends, while sellers were reluctant to accept lower prices in the belief that there had been no bubble in this region that needed to be burst. Properties that have had significant upgrades tend to have higher sale price-to-assessed value ratios. August was a strong sales month on Sturgeon Lake with twelve sales recorded. Of the six sales so far in 2019, four were in the middle-to-lower price segments, with only one selling for greater than $1 million. Sturgeon for sale. Since April 30, activity has picked up on Sturgeon Lake, with 10 new listings and 7 new sales on the lake (as well as an additional 7 conditional sales). Contact our team at 1 (877) 992-9927 or email us for more info on Sturgeon Lake Cottages. largely in favour of sellers, as evidenced by stable year-over-year prices. Unfortunately the Covid-19 crisis resulted in a significant slowdown in both listings and sales, leading to great uncertainty in the market going forward. Visit our community page for more information on Sturgeon Lake. ACREAGE LILY LAKE ESTATES LANDING DRIVE STURGEON COUNTY Edmonton 08/12/2020 For sale 1.37 acres. These ratios support my belief that waterfront prices Bidding wars were common. the year. On a year-to-date basis (Jan. 1/18 – May 18/18), total sales volume on the lake is $7.3 million, down significantly from $13.2 million for the same period last year. There is a wide dispersion of ratios among the 40 sales, so buyers are cautioned against using the average ratio to assess whether an individual listing is over- or under-priced. This relatively high ratio of sales to new listings (68%) is indicative of a seller’s market. In stark contrast, there were 55 new listings and 41 sales in the same period last year. By using our site you agree to our use of cookies. The 56 new listings is lower than in previous years and is the key driver of this increased ratio. their home values were expecting similar declines in cottage prices in 2018. In the past month, 1 … backs onto crown land. 2018. has 2 cedar sheds. 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