Algonquin Highlands Real Estate Statistics

Algonquin Highlands real estate average sold price in the last 30 days (April 2 - May 1) was $980,000, which is $80,000 (8.2%) higher than the average price of $900,000 in the previous 30 day period (March 3 - April 1), and $437,500 (44.6%) up from the same period 1 year ago ($542,500). Algonquin Highlands real estate prices over the last 30 days are also $149,186 (15.2%) higher than the average selling price of $830,814 over the past year.

Algonquin Highlands average sold price for homes was $980,000 in the last 30 days (April 2 - May 1), which is $80,000 (8.2%) up from the average home price of $900,000 in the previous 30 day period (March 3 - April 1), and $437,500 (44.6%) higher than the same period 1 year ago ($542,500). In the last 30 days Algonquin Highlands the average home price was $149,186 (15.2%) higher than the average selling price of $830,814 over the last 12 months.

Average selling price for Algonquin Highlands real estate was $980,000 in the last 30 days (April 2 - May 1), which is collectively $8,000 (1.1%) lower than the average asking price of $724,900. This represents an increase of $66,900 (89.3%) compared to $74,900 (8.2%) Sold-Under-Asking price from the previous 30 day period (March 3 - April 1).

The maximum Sold Over/Under Asking ratio in Algonquin Highlands during the last 12 months was recorded in September, 2023 with an average of $23,548 over the asking price, while the minimum occurring in July, 2023 with $128,572 below the asking price.

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 Algonquin Highlands was 50.0% with 1 properties sold and 5 new properties listed in the past 30 days (April 2 - May 1). This represents an increase from 20.0% recorded during the previous 30 day period (March 3 - April 1), and an increase from 33.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Algonquin Highlands was 600.0% recorded in October and the lowest was in June at 10.0%. 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.

The Average Days on the Market (DOM) for 1 properties that were successfully sold in Algonquin Highlands in the last 30 days (April 2 - May 1) was 14 days, which is 33 days less than 47 days average in the previous 30 day period (March 3 - April 1) and 20 days shorter than during the same period a year ago (34 days).

There were 6 delisted properties in Algonquin Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (April 2 - May 1) with an average of 156 days on the market. This is 94 days longer than the average of 62 days during the previous 30 day period (March 3 - April 1) and 99 days more compared to the same period last year average of 57 days on the market.

6 Algonquin Highlands properties that didn't sell stayed on the market 1,014.3% longer than 1 that sucessfully sold over the last 30 days - 14 days when sold vs 156 days when delisted respectively.

Average Days on the Market in Algonquin Highlands over the past 12 months for properties that have sold was 32.5 days, with 76.6 days for those properties that did not sell.

2 new properties were listed on the market in Algonquin Highlands in the last 30 days (April 2 - May 1). During the same time 1 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 250.0%).

During the previous 30 day period (March 3 - April 1) there were 5 new properties listed, 1 sold and 4 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 10 new properties listed, the slowest - October with 1 new listings and a yearly average of 4 new listings per month.

There were a total of 2 homes listed during the last 30 days (April 2 - May 1), which is 100.0% of all properties listed in Algonquin Highlands. This is a 60.0% decline compared with a previous 30 day period (March 3 - April 1) and 66.7% down from the same period a year ago. Over the past year an average of 4 homes are were listed per month.

There were a total of 1 homes sold during the last 30 days (April 2 - May 1), which is 100.0% of all properties sold in Algonquin Highlands. This is a 0.0% decline compared with a previous 30 day period (March 3 - April 1) and 50.0% down from the same period a year ago. Over the past year an average of 3 homes are were sold per month.