Port Elgin is a community of 7555 in the Ontario municipality of Saugeen Shores. The community has several beaches on Lake Huron and boasts incredible outdoor activities and charming downtowns to meander
Port Elgin is renowned for its beautiful sunsets. CBC Television held a competition to discover the Seven Wonders of Canada. Saugeen Shores and its sunsets were one the finalists. Port Elgin is a vacation town on the Lake Huron coastline with great campgrounds, beach cottages and other various accommodations. Port Elgin has been a tourist destination within the Saugeen Shores area for cottagers and camping enthusiasts for many generations. From humble beginnings, Port Elgin has expanded to become a popular summer camping and holiday vacation destination. With one trip to the beach shoreline, you’ll be planning to come back for years to come.
Real Estate Profile
Bruce Power is a very important influence on the Port Elgin housing market. Many families gravitate to the area schools and readily available amenities. Many homes from Port Elgin early days still stand, many adorned with an historical plaque providing history of the home. There is a good variety of homes from older, quaint cottages to new builds that are more upscale. A number of subdivision areas are 35 to 45 years old and reflect the initial build of the Bruce Power facility. A wide selection of Lake Huron waterfront cottages range from classic to ultra modern. In the active Harbour area of Port Elgin a new luxury condominium is offering spectacular waterfront views, easy care condo living and represents new product in our market place.
Port Elgin Housing Market – Last 5 Years
Quick 2020 summary: # of MLS sales up 14%; avg. sale price up 9% to $488,237; new listings down 9%; avg. days on market up 34% versus 2019.
Click the link below for a 5 year picture of # of sales, average sale price, sale price per square foot, days on the market and profiles of size and value.