Muskoka Lakes Real Estate Statistics

Muskoka Lakes real estate average sold price in the last 30 days (October 21 - November 19) was $1,875,000, which is $3,647,222 (194.5%) lower than the average price of $5,522,222 in the previous 30 day period (September 21 - October 20), and $538,834 (28.7%) up from the same period 1 year ago ($1,336,166). Muskoka Lakes real estate prices over the last 30 days are also $65,189 (3.5%) higher than the average selling price of $1,809,811 over the past year.

Muskoka Lakes average sold price for homes was $1,875,000 in the last 30 days (October 21 - November 19), which is $3,647,222 (194.5%) down from the average home price of $5,522,222 in the previous 30 day period (September 21 - October 20), and $538,834 (28.7%) higher than the same period 1 year ago ($1,336,166). In the last 30 days Muskoka Lakes the average home price was $58,536 (3.1%) higher than the average selling price of $1,816,464 over the last 12 months.

Average selling price for Muskoka Lakes real estate was $1,875,000 in the last 30 days (October 21 - November 19), which is collectively $54,362 (4.5%) lower than the average asking price of $1,219,916. This represents an increase of $230,415 (80.9%) compared to $284,777 (13.3%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Muskoka Lakes during the last 12 months was recorded in December, 2023 with an average of $0 over the asking price, while the minimum occurring in September, 2024 with $252,362 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 Muskoka Lakes was 66.7% with 8 properties sold and 14 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 64.3% recorded during the previous 30 day period (September 21 - October 20), and a decrease from 300.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Muskoka Lakes was 100.0% recorded in January and the lowest was in December at 0.0%. 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 8 properties that were successfully sold in Muskoka Lakes in the last 30 days (October 21 - November 19) was 92 days, which is 33 days more than 59 days average in the previous 30 day period (September 21 - October 20) and 41 days longer than during the same period a year ago (51 days).

There were 17 delisted properties in Muskoka Lakes, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 126 days on the market. This is 12 days longer than the average of 114 days during the previous 30 day period (September 21 - October 20) and 5 days more compared to the same period last year average of 121 days on the market.

17 Muskoka Lakes properties that didn't sell stayed on the market 37.0% longer than 8 that sucessfully sold over the last 30 days - 92 days when sold vs 126 days when delisted respectively.

Average Days on the Market in Muskoka Lakes over the past 12 months for properties that have sold was 47.8 days, with 90.9 days for those properties that did not sell.

12 new properties were listed on the market in Muskoka Lakes in the last 30 days (October 21 - November 19). During the same time 8 properties were sold and 17 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 13 properties (or 108.3%).

During the previous 30 day period (September 21 - October 20) there were 14 new properties listed, 9 sold and 17 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 22 new properties listed, the slowest - December with 1 new listings and a yearly average of 10 new listings per month.

There were a total of 10 homes listed during the last 30 days (October 21 - November 19), which is 83.3% of all properties listed in Muskoka Lakes. This is a 9.1% decline compared with a previous 30 day period (September 21 - October 20) and 900.0% up from the same period a year ago. Over the past year an average of 9 homes are were listed per month.

There were a total of 8 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Muskoka Lakes. This is a 11.1% decline compared with a previous 30 day period (September 21 - October 20) and 166.7% up from the same period a year ago. Over the past year an average of 5 homes are were sold per month.