North Frontenac Real Estate Statistics

North Frontenac Real Estate Price Trend
North Frontenac real estate average sold price in the last 30 days (November 21 - December 20) was $470,668, which is $76,716 (16.3%) lower than the average price of $547,384 in the previous 30 day period (October 22 - November 20), and $119,332 (25.4%) down from the same period 1 year ago ($590,000). North Frontenac real estate prices over the last 30 days are also $106,959 (22.7%) lower than the average selling price of $577,627 over the past year.
North Frontenac average sold price for homes was $470,668 in the last 30 days (November 21 - December 20), which is $76,716 (16.3%) down from the average home price of $547,384 in the previous 30 day period (October 22 - November 20), and $119,332 (25.4%) lower than the same period 1 year ago ($590,000). In the last 30 days North Frontenac the average home price was $106,959 (22.7%) lower than the average selling price of $577,627 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North Frontenac real estate was $470,668 in the last 30 days (November 21 - December 20), which is collectively $21,813 (2.3%) lower than the average asking price of $956,175. This represents an increase of $3,119 (12.5%) compared to $24,932 (4.6%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).
The maximum Sold Over/Under Asking ratio in North Frontenac during the last 12 months was recorded in January, 2024 with an average of $0 over the asking price, while the minimum occurring in September, 2024 with $42,680 below the asking price.
Sales to New Listings Ratio
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 North Frontenac was 2,325.0% with 93 properties sold and 15 new properties listed in the past 30 days (November 21 - December 20). This represents an increase from 600.0% recorded during the previous 30 day period (October 22 - November 20), and an increase from 75.0% compared to the same period one year ago.
Over the the last year the highest SNLR in North Frontenac was 350.0% recorded in October and the lowest was in January 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 93 properties that were successfully sold in North Frontenac in the last 30 days (November 21 - December 20) was 78 days, which is 17 days more than 61 days average in the previous 30 day period (October 22 - November 20) and 43 days longer than during the same period a year ago (35 days).
There were 79 delisted properties in North Frontenac, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 138 days on the market. This is 39 days longer than the average of 99 days during the previous 30 day period (October 22 - November 20) and 41 days less compared to the same period last year average of 179 days on the market.
79 North Frontenac properties that didn't sell stayed on the market 76.9% longer than 93 that sucessfully sold over the last 30 days - 78 days when sold vs 138 days when delisted respectively.
Average Days on the Market in North Frontenac over the past 12 months for properties that have sold was 58.9 days, with 113.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
4 new properties were listed on the market in North Frontenac in the last 30 days (November 21 - December 20). During the same time 93 properties were sold and 79 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 168 properties (or 4,200.0%).
During the previous 30 day period (October 22 - November 20) there were 15 new properties listed, 90 sold and 138 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 22 new properties listed, the slowest - December with 1 new listings and a yearly average of 8 new listings per month.
New Real Estate Listings by Property Type
There were a total of 4 homes listed during the last 30 days (November 21 - December 20), which is 100.0% of all properties listed in North Frontenac. This is a 73.3% decline compared with a previous 30 day period (October 22 - November 20) and 0.0% down from the same period a year ago. Over the past year an average of 8 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 93 homes sold during the last 30 days (November 21 - December 20), which is 100.0% of all properties sold in North Frontenac. This is a 3.3% increase compared with a previous 30 day period (October 22 - November 20) and 3,000.0% up from the same period a year ago. Over the past year an average of 13 homes are were sold per month.
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