Kawartha Lakes Real Estate Statistics

Kawartha Lakes Real Estate Price Trend
Kawartha Lakes real estate average sold price in the last 30 days (March 10 - April 8) was $683,546, which is $80,272 (11.7%) lower than the average price of $763,818 in the previous 30 day period (February 9 - March 9), and $30,403 (4.4%) down from the same period 1 year ago ($713,949). Kawartha Lakes real estate prices over the last 30 days are also $41,309 (6.0%) higher than the average selling price of $642,237 over the past year.
Kawartha Lakes average sold price for homes was $693,823 in the last 30 days (March 10 - April 8), which is $92,170 (13.3%) down from the average home price of $785,993 in the previous 30 day period (February 9 - March 9), and $34,180 (4.9%) lower than the same period 1 year ago ($728,003). In the last 30 days Kawartha Lakes the average home price was $42,836 (6.2%) higher than the average selling price of $650,987 over the last 12 months.
Average Kawartha Lakes condo sold price over the last 30 days (March 10 - April 8) was $547,600. During this period it was $90,934 (16.6%) up from the average price of condo of $456,666 during the previous 30 days (February 9 - March 9), and $119,350 (21.8%) higher compared to the same period 1 year ago ($428,250). In the last 30 days Kawartha Lakes the average condo price was $179,253 (32.7%) higher than the average selling price of $368,347 over the last year.
Average sold price of Kawartha Lakes townhouse was $620,375 in the last 30 days (March 10 - April 8), up $28,209 (4.5%) from the average townhome price of $592,166 over the previous 30 days (February 9 - March 9), and $375 (0.1%) higher than during to the same period 1 year ago ($620,000). Over the last 30 days the average townhouse price in Kawartha Lakes was $97,025 (15.6%) higher compared to the average selling price of $523,350 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Kawartha Lakes real estate was $683,546 in the last 30 days (March 10 - April 8), which is collectively $21,022 (2.5%) lower than the average asking price of $848,354. This represents an increase of $2,151 (9.3%) compared to $23,173 (2.8%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).
The maximum Sold Over/Under Asking ratio in Kawartha Lakes during the last 12 months was recorded in June, 2023 with an average of $277 under the asking price, while the minimum occurring in December, 2023 with $49,689 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Kawartha Lakes was 71.3% with 171 properties sold and 226 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 42.9% recorded during the previous 30 day period (February 9 - March 9), and an increase from 70.5% compared to the same period one year ago.
Over the the last year the highest SNLR in Kawartha Lakes was 5,904.8% recorded in October and the lowest was in January at 41.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 171 properties that were successfully sold in Kawartha Lakes in the last 30 days (March 10 - April 8) was 42 days, which is 5 days less than 47 days average in the previous 30 day period (February 9 - March 9) and 13 days longer than during the same period a year ago (29 days).
There were 132 delisted properties in Kawartha Lakes, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 82 days on the market. This is 25 days shorter than the average of 107 days during the previous 30 day period (February 9 - March 9) and 29 days more compared to the same period last year average of 53 days on the market.
132 Kawartha Lakes properties that didn't sell stayed on the market 95.2% longer than 171 that sucessfully sold over the last 30 days - 42 days when sold vs 82 days when delisted respectively.
Average Days on the Market in Kawartha Lakes over the past 12 months for properties that have sold was 41.9 days, with 75.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
240 new properties were listed on the market in Kawartha Lakes in the last 30 days (March 10 - April 8). During the same time 171 properties were sold and 132 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 63 properties (or 26.3%).
During the previous 30 day period (February 9 - March 9) there were 226 new properties listed, 97 sold and 81 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 267 new properties listed, the slowest - December with 84 new listings and a yearly average of 195 new listings per month.
New Real Estate Listings by Property Type
There were a total of 221 homes listed during the last 30 days (March 10 - April 8), which is 92.1% of all properties listed in Kawartha Lakes. This is a 8.3% increase compared with a previous 30 day period (February 9 - March 9) and 75.4% up from the same period a year ago. Over the past year an average of 182 homes are were listed per month.
11 condo units were listed in the last 30 days (March 10 - April 8) in Kawartha Lakes, which represents 4.6% of all new listings. This is down 0.0% from the prior 30 day period (February 9 - March 9) and 266.7% more compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.
8 townhomes were listed over the last 30 days (March 10 - April 8) in Kawartha Lakes, which is 3.3% of all new real estate inventory. This is a 27.3% less than during the previous 30 day period (February 9 - March 9) and 166.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 7 a month.
Real Estate Sales by Property Type
There were a total of 155 homes sold during the last 30 days (March 10 - April 8), which is 90.6% of all properties sold in Kawartha Lakes. This is a 76.1% increase compared with a previous 30 day period (February 9 - March 9) and 76.1% up from the same period a year ago. Over the past year an average of 1,506 homes are were sold per month.
8 condo units were sold in the last 30 days (March 10 - April 8) in Kawartha Lakes, which represents 4.7% of all sold properties. This is up 166.7% from the prior 30 day period (February 9 - March 9) and 100.0% more compared to the same period last year. There were 45 condos sold per month on average during the last 12 months.
8 townhomes were sold over the last 30 days (March 10 - April 8) in Kawartha Lakes, which is 4.7% of all sold real estate. This is a 33.3% more than during the previous 30 day period (February 9 - March 9) and 700.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 18 a month.
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