North Kawartha Real Estate Statistics

North Kawartha Real Estate Price Trend
North Kawartha real estate average sold price in the last 30 days (January 21 - February 19) was $420,000, which is $55,250 (13.2%) higher than the average price of $364,750 in the previous 30 day period (December 22 - January 20), and $80,000 (19.0%) down from the same period 1 year ago ($500,000). North Kawartha real estate prices over the last 30 days are also $288,465 (68.7%) lower than the average selling price of $708,465 over the past year.
North Kawartha average sold price for homes was $420,000 in the last 30 days (January 21 - February 19), which is $55,250 (13.2%) up from the average home price of $364,750 in the previous 30 day period (December 22 - January 20), and $80,000 (19.0%) lower than the same period 1 year ago ($500,000). In the last 30 days North Kawartha the average home price was $295,685 (70.4%) lower than the average selling price of $715,685 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North Kawartha real estate was $420,000 in the last 30 days (January 21 - February 19), which is collectively $19,900 (1.0%) lower than the average asking price of $2,009,633. This represents an increase of $14,350 (41.9%) compared to $34,250 (2.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in North Kawartha during the last 12 months was recorded in July, 2024 with an average of $16,980 under the asking price, while the minimum occurring in August, 2024 with $57,255 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 North Kawartha was 66.7% with 2 properties sold and 5 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 40.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in North Kawartha was 300.0% recorded in October and the lowest was in July at 31.2%. 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 2 properties that were successfully sold in North Kawartha in the last 30 days (January 21 - February 19) was 11 days, which is 31 days less than 42 days average in the previous 30 day period (December 22 - January 20) and 51 days shorter than during the same period a year ago (62 days).
There were 3 delisted properties in North Kawartha, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 83 days on the market. This is 49 days shorter than the average of 132 days during the previous 30 day period (December 22 - January 20) and 14 days less compared to the same period last year average of 97 days on the market.
3 North Kawartha properties that didn't sell stayed on the market 654.5% longer than 2 that sucessfully sold over the last 30 days - 11 days when sold vs 83 days when delisted respectively.
Average Days on the Market in North Kawartha over the past 12 months for properties that have sold was 54.9 days, with 96.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
3 new properties were listed on the market in North Kawartha in the last 30 days (January 21 - February 19). During the same time 2 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 66.7%).
During the previous 30 day period (December 22 - January 20) there were 5 new properties listed, 2 sold and 9 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 32 new properties listed, the slowest - October with 2 new listings and a yearly average of 12 new listings per month.
New Real Estate Listings by Property Type
There were a total of 3 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in North Kawartha. This is a 40.0% decline compared with a previous 30 day period (December 22 - January 20) and 40.0% down from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in North Kawartha. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 33.3% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.
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