Kawartha Lakes Real Estate Statistics

Kawartha Lakes Real Estate Price Trend
Kawartha Lakes real estate average sold price in the last 30 days (February 17 - March 17) was $732,221, which is $11,823 (1.6%) higher than the average price of $720,398 in the previous 30 day period (January 18 - February 16), and $16,265 (2.2%) down from the same period 1 year ago ($748,486). Kawartha Lakes real estate prices over the last 30 days are also $83,826 (11.4%) higher than the average selling price of $648,395 over the past year.
Kawartha Lakes average sold price for homes was $745,406 in the last 30 days (February 17 - March 17), which is $10,031 (1.3%) up from the average home price of $735,375 in the previous 30 day period (January 18 - February 16), and $27,092 (3.6%) lower than the same period 1 year ago ($772,498). In the last 30 days Kawartha Lakes the average home price was $87,790 (11.8%) higher than the average selling price of $657,616 over the last 12 months.
Average Kawartha Lakes condo sold price over the last 30 days (February 17 - March 17) was $400,000. During this period it was $85,000 (21.2%) down from the average price of condo of $485,000 during the previous 30 days (January 18 - February 16), and $94,000 (23.5%) lower compared to the same period 1 year ago ($494,000). In the last 30 days Kawartha Lakes the average condo price was $35,806 (9.0%) higher than the average selling price of $364,194 over the last year.
Average sold price of Kawartha Lakes townhouse was $566,600 in the last 30 days (February 17 - March 17), down $42,566 (7.5%) from the average townhome price of $609,166 over the previous 30 days (January 18 - February 16), and $21,733 (3.8%) lower than during to the same period 1 year ago ($588,333). Over the last 30 days the average townhouse price in Kawartha Lakes was $41,483 (7.3%) higher compared to the average selling price of $525,117 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Kawartha Lakes real estate was $732,221 in the last 30 days (February 17 - March 17), which is collectively $27,006 (3.2%) lower than the average asking price of $853,532. This represents a decline of $6,243 (30.1%) compared to $20,763 (2.5%) Sold-Under-Asking price from the previous 30 day period (January 18 - February 16).
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 39.5% with 94 properties sold and 166 new properties listed in the past 30 days (February 17 - March 17). This represents a decrease from 50.6% recorded during the previous 30 day period (January 18 - February 16), and a decrease from 66.9% 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 94 properties that were successfully sold in Kawartha Lakes in the last 30 days (February 17 - March 17) was 47 days, which is 3 days less than 50 days average in the previous 30 day period (January 18 - February 16) and 0 days longer than during the same period a year ago (47 days).
There were 85 delisted properties in Kawartha Lakes, those that got either Expired, Suspended or Terminated over the last 30 days (February 17 - March 17) with an average of 107 days on the market. This is 19 days longer than the average of 88 days during the previous 30 day period (January 18 - February 16) and 45 days more compared to the same period last year average of 62 days on the market.
85 Kawartha Lakes properties that didn't sell stayed on the market 127.7% longer than 94 that sucessfully sold over the last 30 days - 47 days when sold vs 107 days when delisted respectively.
Average Days on the Market in Kawartha Lakes over the past 12 months for properties that have sold was 41.4 days, with 72.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
238 new properties were listed on the market in Kawartha Lakes in the last 30 days (February 17 - March 17). During the same time 94 properties were sold and 85 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 59 properties (or 24.8%).
During the previous 30 day period (January 18 - February 16) there were 166 new properties listed, 84 sold and 71 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 186 new listings per month.
New Real Estate Listings by Property Type
There were a total of 214 homes listed during the last 30 days (February 17 - March 17), which is 89.9% of all properties listed in Kawartha Lakes. This is a 41.7% increase compared with a previous 30 day period (January 18 - February 16) and 84.5% up from the same period a year ago. Over the past year an average of 175 homes are were listed per month.
14 condo units were listed in the last 30 days (February 17 - March 17) in Kawartha Lakes, which represents 5.9% of all new listings. This is up 55.6% from the prior 30 day period (January 18 - February 16) and 250.0% more compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.
10 townhomes were listed over the last 30 days (February 17 - March 17) in Kawartha Lakes, which is 4.2% of all new real estate inventory. This is a 66.7% more than during the previous 30 day period (January 18 - February 16) and 900.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 6 a month.
Real Estate Sales by Property Type
There were a total of 88 homes sold during the last 30 days (February 17 - March 17), which is 93.6% of all properties sold in Kawartha Lakes. This is a 15.8% increase compared with a previous 30 day period (January 18 - February 16) and 20.5% up from the same period a year ago. Over the past year an average of 1,505 homes are were sold per month.
1 condo units were sold in the last 30 days (February 17 - March 17) in Kawartha Lakes, which represents 1.1% of all sold properties. This is down 50.0% from the prior 30 day period (January 18 - February 16) and 80.0% less compared to the same period last year. There were 45 condos sold per month on average during the last 12 months.
5 townhomes were sold over the last 30 days (February 17 - March 17) in Kawartha Lakes, which is 5.3% of all sold real estate. This is a 16.7% less than during the previous 30 day period (January 18 - February 16) and 66.7% 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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