Oro-Medonte Real Estate Statistics

Oro-Medonte real estate average sold price in the last 30 days (March 25 - April 23) was $934,211, which is $79,379 (8.5%) lower than the average price of $1,013,590 in the previous 30 day period (February 24 - March 24), and $389,525 (41.7%) down from the same period 1 year ago ($1,323,736). Oro-Medonte real estate prices over the last 30 days are also $101,233 (10.8%) lower than the average selling price of $1,035,444 over the past year.

Oro-Medonte average sold price for homes was $957,500 in the last 30 days (March 25 - April 23), which is $109,849 (11.5%) down from the average home price of $1,067,349 in the previous 30 day period (February 24 - March 24), and $366,236 (38.2%) lower than the same period 1 year ago ($1,323,736). In the last 30 days Oro-Medonte the average home price was $101,106 (10.6%) lower than the average selling price of $1,058,606 over the last 12 months.

Average selling price for Oro-Medonte real estate was $934,211 in the last 30 days (March 25 - April 23), which is collectively $11,523 (0.9%) lower than the average asking price of $1,244,764. This represents an increase of $22,699 (66.3%) compared to $34,222 (2.5%) Sold-Under-Asking price from the previous 30 day period (February 24 - March 24).

The maximum Sold Over/Under Asking ratio in Oro-Medonte during the last 12 months was recorded in July, 2023 with an average of $11,667 under the asking price, while the minimum occurring in April, 2023 with $71,045 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 Oro-Medonte was 41.9% with 26 properties sold and 60 new properties listed in the past 30 days (March 25 - April 23). This represents an increase from 36.7% recorded during the previous 30 day period (February 24 - March 24), and an increase from 34.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Oro-Medonte was 4,345.9% recorded in July and the lowest was in January at 25.6%. 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 26 properties that were successfully sold in Oro-Medonte in the last 30 days (March 25 - April 23) was 32 days, which is 28 days less than 60 days average in the previous 30 day period (February 24 - March 24) and 8 days longer than during the same period a year ago (24 days).

There were 43 delisted properties in Oro-Medonte, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 71 days on the market. This is 12 days longer than the average of 59 days during the previous 30 day period (February 24 - March 24) and 19 days more compared to the same period last year average of 52 days on the market.

43 Oro-Medonte properties that didn't sell stayed on the market 121.9% longer than 26 that sucessfully sold over the last 30 days - 32 days when sold vs 71 days when delisted respectively.

Average Days on the Market in Oro-Medonte over the past 12 months for properties that have sold was 35.2 days, with 61.4 days for those properties that did not sell.

62 new properties were listed on the market in Oro-Medonte in the last 30 days (March 25 - April 23). During the same time 26 properties were sold and 43 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 11.3%).

During the previous 30 day period (February 24 - March 24) there were 60 new properties listed, 22 sold and 29 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 76 new properties listed, the slowest - December with 16 new listings and a yearly average of 55 new listings per month.

There were a total of 52 homes listed during the last 30 days (March 25 - April 23), which is 83.9% of all properties listed in Oro-Medonte. This is a 4.0% increase compared with a previous 30 day period (February 24 - March 24) and 8.3% up from the same period a year ago. Over the past year an average of 49 homes are were listed per month.

8 condo units were listed in the last 30 days (March 25 - April 23) in Oro-Medonte, which represents 12.9% of all new listings. This is up 100.0% from the prior 30 day period (February 24 - March 24) and 100.0% more compared to the same period last year. There were 4 condos listed per month on average during the last 12 months.

2 townhomes were listed over the last 30 days (March 25 - April 23) in Oro-Medonte, which is 3.2% of all new real estate inventory. This is a 66.7% less than during the previous 30 day period (February 24 - March 24) and 33.3% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.

There were a total of 25 homes sold during the last 30 days (March 25 - April 23), which is 96.2% of all properties sold in Oro-Medonte. This is a 25.0% increase compared with a previous 30 day period (February 24 - March 24) and 31.6% up from the same period a year ago. Over the past year an average of 256 homes are were sold per month.