1-1356 & 1357 Peninsula Rd

1-1356 & 1357 Peninsula Rd is a 3-bedroom 1-bathroom home listed for sale at $1,879,000, which is $764,000 (68.5%) higher than the average sold price of $1,115,000 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom home in Muskoka Lakes increased by $525,000 (89.0%) compared to the previous 30 day period (March 4 - April 2) and up $265,000 (31.2%) from the same time one year ago.There were 8 3-bedroom homes listed in Muskoka Lakes over the last 30 days (April 3 - May 2), which is up 100.0% compared with the previous 30 day period (March 4 - April 2) and up 33.3% compared with the same period last year.3-bedroom homes in Muskoka Lakes typically sold ($45,900) (4.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $25,900 decrease compared to the previous 30 day period (March 4 - April 2) and $25,100 less than the same period last year.Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Muskoka Lakes over the last 30 days (April 3 - May 2) stood at 50.0%, down from 75.0% over the previous 30 days (March 4 - April 2) and up from 16.7% one year ago.An average time on the market for a 3-bedroom 1-bathroom home in Muskoka Lakes stood at 12 days when successfully sold over the last 30 days (April 3 - May 2), compared to 53 days before being removed from the market upon being suspended or terminated.