Muskoka Lakes Real Estate Statistics

Muskoka Lakes real estate average sold price in the last 30 days (January 21 - February 19) was $3,140,099, which is $2,585,433 (82.3%) higher than the average price of $554,666 in the previous 30 day period (December 22 - January 20), and $2,557,599 (81.4%) up from the same period 1 year ago ($582,500). Muskoka Lakes real estate prices over the last 30 days are also $1,034,749 (33.0%) higher than the average selling price of $2,105,350 over the past year.

Muskoka Lakes average sold price for homes was $3,481,999 in the last 30 days (January 21 - February 19), which is $2,927,333 (84.1%) up from the average home price of $554,666 in the previous 30 day period (December 22 - January 20), and $2,899,499 (83.3%) higher than the same period 1 year ago ($582,500). In the last 30 days Muskoka Lakes the average home price was $1,367,150 (39.3%) higher than the average selling price of $2,114,849 over the last 12 months.

Average selling price for Muskoka Lakes real estate was $3,140,099 in the last 30 days (January 21 - February 19), which is collectively $143,500 (35.1%) lower than the average asking price of $409,142. This represents a decline of $130,234 (981.7%) compared to $13,266 (1.0%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Muskoka Lakes during the last 12 months was recorded in December, 2024 with an average of $20,700 under 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 71.4% with 10 properties sold and 12 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 25.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 66.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Muskoka Lakes was 2,433.3% recorded in December and the lowest was in November at 4.8%. 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 10 properties that were successfully sold in Muskoka Lakes in the last 30 days (January 21 - February 19) was 40 days, which is 15 days more than 25 days average in the previous 30 day period (December 22 - January 20) and 31 days longer than during the same period a year ago (9 days).

There were 28 delisted properties in Muskoka Lakes, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 105 days on the market. This is 8 days longer than the average of 97 days during the previous 30 day period (December 22 - January 20) and 6 days less compared to the same period last year average of 111 days on the market.

28 Muskoka Lakes properties that didn't sell stayed on the market 162.5% longer than 10 that sucessfully sold over the last 30 days - 40 days when sold vs 105 days when delisted respectively.

Average Days on the Market in Muskoka Lakes over the past 12 months for properties that have sold was 51.5 days, with 91.2 days for those properties that did not sell.

14 new properties were listed on the market in Muskoka Lakes in the last 30 days (January 21 - February 19). During the same time 10 properties were sold and 28 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 24 properties (or 171.4%).

During the previous 30 day period (December 22 - January 20) there were 12 new properties listed, 3 sold and 27 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 84 new properties listed, the slowest - July with 8 new listings and a yearly average of 21 new listings per month.

There were a total of 7 homes listed during the last 30 days (January 21 - February 19), which is 50.0% of all properties listed in Muskoka Lakes. This is a 30.0% decline compared with a previous 30 day period (December 22 - January 20) and 133.3% up from the same period a year ago. Over the past year an average of 17 homes are were listed per month.

There were a total of 9 homes sold during the last 30 days (January 21 - February 19), which is 90.0% of all properties sold in Muskoka Lakes. This is a 200.0% increase compared with a previous 30 day period (December 22 - January 20) and 350.0% up from the same period a year ago. Over the past year an average of 26 homes are were sold per month.