Muskoka Cottage Prices
MUSKOKA COTTAGE PRICES, WATERFRONT ONLY: Click on a point in the graph to see the median residential sale price in the District of Muskoka for freehold WATERFRONT COTTAGES ONLY. Non-waterfront data is excluded. Only properties with direct waterfront are included. Sales of vacant land and/or commercial property were not included in the data source.
Area included in source data: District of Muskoka, Bracebridge, Gravenhurst, Huntsville, Muskoka Lakes, Lake of Bays, Georgian Bay. (Source: Toronto Regional Real Estate Board (TRREB)
Each point in the graph is the rolling 3 month average of median sale prices.
Disclaimer: The above data was provided for personal use only and was obtained from sources considered reliable and was not verified. It is up to the reader of this information is to determine the suitability and use of the information. Any and all liability to the reader is expressly denied.
Market Summary – Muskoka Waterfront Properties (2019-2024)
The Muskoka waterfront real estate market has experienced significant fluctuations over the past five years, marked by three distinct phases:
Pre-COVID (2019):
- Median prices stabilized around $550,000-$700,000
- Traditional seasonal patterns with peak activity in spring/summer
COVID Boom (2020-2022):
- Dramatic price acceleration starting mid-2020
- Peaked in early 2022 with median prices reaching $1.15M
- Driven by:
- Urban exodus due to remote work
- Low interest rates
- Increased desire for recreational properties
- Limited inventory
Market Correction (2022-2024):
- Sharp decline from peak prices starting mid-2022
- Current median prices stabilized around $875,000-$925,000
- Influenced by:
- Rising interest rates
- Return to office policies
- Economic uncertainty
Seasonal patterns persist throughout these phases, with spring (March-May) showing consistently higher prices and activity levels. The market has demonstrated resilience in 2024, maintaining relatively stable prices despite higher interest rates, suggesting strong underlying demand for Muskoka waterfront properties.
Current market conditions indicate a normalization from COVID-era peaks while remaining significantly above pre-pandemic levels, reflecting sustained demand for luxury recreational properties in the region.
What is a Muskoka appraisal? An appraisal in Muskoka is a real property valuation in Muskoka, Ontario Canada. “Muskoka appraiser” is a term used by real estate stakeholders and others who wish to identify individuals with the skills and qualifications to value land and/or buildings in Muskoka, Parry Sound or Haliburton. You are at the right place if you are looking for a Muskoka appraiser. Contact the appraiser for information about real estate appraisal services in Muskoka.
A1 Accurate Appraisal: Shawn O’Connor is currently the owner/operator of A1 Accurate Appraisal providing appraisal services in Muskoka, Haliburton and Parry Sound, Ontario, Canada. Clients include municipalities, lenders, lawyers, businesses and private individuals who require review reports, expropriation consultations, appraisal reports for financing, litigation, divorce, financial planning, the Ecogift Program, tax matters, non-arms length transfer of title, estate settlement and reports for government agencies.
Currently a licensed Realtor with Royal Heritage Realty Ltd., Shawn provides realtor and appraisal services in the Muskoka area.
More info here: A1AccurateAppraisal.com
