Kawartha Lakes Real Estate Statistics

Kawartha Lakes Real Estate Price Trend
Kawartha Lakes real estate average sold price in the last 30 days (September 21 - October 20) was $724,417, which is $273 (0.0 %) higher than the average price of $724,144 in the previous 30 day period (August 22 - September 20), and $134,071 (18.5 %) up from the same period 1 year ago ($590,346). Kawartha Lakes real estate prices over the last 30 days are also $33,747 (4.7 %) higher than the average selling price of $690,670 over the past year.
Kawartha Lakes average sold price for homes was $732,649 in the last 30 days (September 21 - October 20), which is $3,346 (0.5 %) up from the average home price of $729,303 in the previous 30 day period (August 22 - September 20), and $136,768 (18.7 %) higher than the same period 1 year ago ($595,881). In the last 30 days Kawartha Lakes the average home price was $33,334 (4.5 %) higher than the average selling price of $699,314 over the last 12 months.
Average Kawartha Lakes condo sold price over the last 30 days (September 21 - October 20) was $387,450. During this period it was $147,550 (38.1 %) up from the average price of condo of $239,900 during the previous 30 days (August 22 - September 20), and $2,275 (0.6 %) lower compared to the same period 1 year ago ($389,725). In the last 30 days Kawartha Lakes the average condo price was $55,354 (14.3 %) higher than the average selling price of $332,096 over the last year.
Sold Price Above/Below Asking ($)
Average selling price for Kawartha Lakes real estate was $724,417 in the last 30 days (September 21 - October 20), which is collectively $49,875 (6.1 %) higher than the average asking price of $822,949. This represents an increase of $10,655 (27.2 %) compared to $39,220 (5.1 %) Sold-Over-Asking price from the previous 30 day period (August 22 - September 20).
The maximum Sold Over/Under Asking ratio in Kawartha Lakes during the last 12 months was recorded in March, 2021 with an average of $71,540 over the asking price, while the minimum occurring in November, 2020 with $3,491 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 86.0 % with 111 properties sold and 119 new properties listed in the past 30 days (September 21 - October 20). This represents a decrease from 116.8 % recorded during the previous 30 day period (August 22 - September 20), and a decrease from 140.6 % compared to the same period one year ago.
Over the the last year the highest SNLR in Kawartha Lakes was 261.3 % recorded in December and the lowest was in September at 98.6 %. 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 111 properties that were successfully sold in Kawartha Lakes in the last 30 days (September 21 - October 20) was 24 days, which is 4 days more than 20 days average in the previous 30 day period (August 22 - September 20) and 2 days longer than during the same period a year ago (22 days).
There were 37 delisted properties in Kawartha Lakes, those that got either Expired, Suspended or Terminated over the last 30 days (September 21 - October 20) with an average of 78 days on the market. This is 13 days longer than the average of 65 days during the previous 30 day period (August 22 - September 20) and 9 days less compared to the same period last year average of 87 days on the market.
37 Kawartha Lakes properties that didn't sell stayed on the market 225.0 % longer than 111 that sucessfully sold over the last 30 days - 24 days when sold vs 78 days when delisted respectively.
Average Days on the Market in Kawartha Lakes over the past 12 months for properties that have sold was 22.1 days, with 58.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
129 new properties were listed on the market in Kawartha Lakes in the last 30 days (September 21 - October 20). During the same time 111 properties were sold and 37 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 19 properties (or 14.7 %).
During the previous 30 day period (August 22 - September 20) there were 119 new properties listed, 139 sold and 44 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 179 new properties listed, the slowest - December with 31 new listings and a yearly average of 114 new listings per month.
New Real Estate Listings by Property Type
There were a total of 126 homes listed during the last 30 days (September 21 - October 20), which is 97.7 % of all properties listed in Kawartha Lakes. This is a 9.6 % increase compared with a previous 30 day period (August 22 - September 20) and 22.3 % up from the same period a year ago. Over the past year an average of 111 homes are were listed per month.
1 condo units were listed in the last 30 days (September 21 - October 20) in Kawartha Lakes, which represents 0.8 % of all new listings. This is down 66.7 % from the prior 30 day period (August 22 - September 20) and 50.0 % less compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
2 townhomes were listed over the last 30 days (September 21 - October 20) in Kawartha Lakes, which is 1.6 % of all new real estate inventory. This is a 100.0 % more than during the previous 30 day period (August 22 - September 20) and 100.0 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.
Real Estate Sales by Property Type
There were a total of 107 homes sold during the last 30 days (September 21 - October 20), which is 96.4 % of all properties sold in Kawartha Lakes. This is a 21.3 % decline compared with a previous 30 day period (August 22 - September 20) and 26.2 % down from the same period a year ago. Over the past year an average of 140 homes are were sold per month.
2 condo units were sold in the last 30 days (September 21 - October 20) in Kawartha Lakes, which represents 1.8 % of all sold properties. This is up 100.0 % from the prior 30 day period (August 22 - September 20) and 50.0 % less compared to the same period last year. There were 2 condos sold per month on average during the last 12 months.
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