Oro-Medonte Real Estate Statistics

Oro-Medonte real estate average sold price in the last 30 days (January 21 - February 19) was $854,531, which is $145,531 (17.0%) higher than the average price of $709,000 in the previous 30 day period (December 22 - January 20), and $123,527 (14.5%) down from the same period 1 year ago ($978,058). Oro-Medonte real estate prices over the last 30 days are also $194,561 (22.8%) lower than the average selling price of $1,049,092 over the past year.

Oro-Medonte average sold price for homes was $941,470 in the last 30 days (January 21 - February 19), which is $232,470 (24.7%) up from the average home price of $709,000 in the previous 30 day period (December 22 - January 20), and $36,588 (3.9%) lower than the same period 1 year ago ($978,058). In the last 30 days Oro-Medonte the average home price was $175,542 (18.6%) lower than the average selling price of $1,117,012 over the last 12 months.

Average selling price for Oro-Medonte real estate was $854,531 in the last 30 days (January 21 - February 19), which is collectively $24,786 (2.1%) lower than the average asking price of $1,190,574. This represents an increase of $72,413 (74.5%) compared to $97,199 (8.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Oro-Medonte during the last 12 months was recorded in December, 2024 with an average of $18,784 under the asking price, while the minimum occurring in September, 2024 with $96,153 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 48.2% with 27 properties sold and 37 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 27.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 37.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Oro-Medonte was 273.3% recorded in December and the lowest was in May at 21.1%. 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 27 properties that were successfully sold in Oro-Medonte in the last 30 days (January 21 - February 19) was 66 days, which is 25 days more than 41 days average in the previous 30 day period (December 22 - January 20) and 18 days longer than during the same period a year ago (48 days).

There were 39 delisted properties in Oro-Medonte, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 103 days on the market. This is 19 days shorter than the average of 122 days during the previous 30 day period (December 22 - January 20) and 11 days more compared to the same period last year average of 92 days on the market.

39 Oro-Medonte properties that didn't sell stayed on the market 56.1% longer than 27 that sucessfully sold over the last 30 days - 66 days when sold vs 103 days when delisted respectively.

Average Days on the Market in Oro-Medonte over the past 12 months for properties that have sold was 41.8 days, with 79.9 days for those properties that did not sell.

56 new properties were listed on the market in Oro-Medonte in the last 30 days (January 21 - February 19). During the same time 27 properties were sold and 39 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 10 properties (or 17.9%).

During the previous 30 day period (December 22 - January 20) there were 37 new properties listed, 10 sold and 49 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 96 new properties listed, the slowest - December with 30 new listings and a yearly average of 70 new listings per month.

There were a total of 51 homes listed during the last 30 days (January 21 - February 19), which is 91.1% of all properties listed in Oro-Medonte. This is a 64.5% increase compared with a previous 30 day period (December 22 - January 20) and 24.4% up from the same period a year ago. Over the past year an average of 62 homes are were listed per month.

4 condo units were listed in the last 30 days (January 21 - February 19) in Oro-Medonte, which represents 7.1% of all new listings. This is down 33.3% from the prior 30 day period (December 22 - January 20) and 33.3% more compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.

There were a total of 22 homes sold during the last 30 days (January 21 - February 19), which is 81.5% of all properties sold in Oro-Medonte. This is a 120.0% increase compared with a previous 30 day period (December 22 - January 20) and 29.4% up from the same period a year ago. Over the past year an average of 30 homes are were sold per month.