Scugog Real Estate Statistics

Scugog Real Estate Price Trend
Scugog real estate average sold price in the last 30 days (March 10 - April 8) was $942,218, which is $137,020 (14.5%) lower than the average price of $1,079,238 in the previous 30 day period (February 9 - March 9), and $7,553 (0.8%) down from the same period 1 year ago ($949,771). Scugog real estate prices over the last 30 days are also $13,447 (1.4%) higher than the average selling price of $928,771 over the past year.
Scugog average sold price for homes was $942,218 in the last 30 days (March 10 - April 8), which is $137,020 (14.5%) down from the average home price of $1,079,238 in the previous 30 day period (February 9 - March 9), and $13,275 (1.4%) lower than the same period 1 year ago ($955,493). In the last 30 days Scugog the average home price was $6,839 (0.7%) higher than the average selling price of $935,379 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Scugog real estate was $942,218 in the last 30 days (March 10 - April 8), which is collectively $24,777 (1.8%) lower than the average asking price of $1,403,321. This represents an increase of $6,470 (20.7%) compared to $31,247 (2.9%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).
The maximum Sold Over/Under Asking ratio in Scugog during the last 12 months was recorded in May, 2023 with an average of $17,429 over the asking price, while the minimum occurring in November, 2023 with $79,408 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 Scugog was 50.0% with 27 properties sold and 39 new properties listed in the past 30 days (March 10 - April 8). This represents a decrease from 53.8% recorded during the previous 30 day period (February 9 - March 9), and a decrease from 66.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Scugog was 309.1% recorded in October and the lowest was in November at 40.0%. 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 27 properties that were successfully sold in Scugog in the last 30 days (March 10 - April 8) was 13 days, which is 17 days less than 30 days average in the previous 30 day period (February 9 - March 9) and 36 days shorter than during the same period a year ago (49 days).
There were 30 delisted properties in Scugog, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 57 days on the market. This is 5 days longer than the average of 52 days during the previous 30 day period (February 9 - March 9) and 5 days more compared to the same period last year average of 52 days on the market.
30 Scugog properties that didn't sell stayed on the market 338.5% longer than 27 that sucessfully sold over the last 30 days - 13 days when sold vs 57 days when delisted respectively.
Average Days on the Market in Scugog over the past 12 months for properties that have sold was 27.6 days, with 56.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
54 new properties were listed on the market in Scugog in the last 30 days (March 10 - April 8). During the same time 27 properties were sold and 30 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or 5.6%).
During the previous 30 day period (February 9 - March 9) there were 39 new properties listed, 21 sold and 12 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 63 new properties listed, the slowest - December with 11 new listings and a yearly average of 44 new listings per month.
New Real Estate Listings by Property Type
There were a total of 53 homes listed during the last 30 days (March 10 - April 8), which is 98.1% of all properties listed in Scugog. This is a 39.5% increase compared with a previous 30 day period (February 9 - March 9) and 120.8% up from the same period a year ago. Over the past year an average of 43 homes are were listed per month.
1 townhomes were listed over the last 30 days (March 10 - April 8) in Scugog, which is 1.9% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (February 9 - March 9) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.
Real Estate Sales by Property Type
There were a total of 27 homes sold during the last 30 days (March 10 - April 8), which is 100.0% of all properties sold in Scugog. This is a 28.6% increase compared with a previous 30 day period (February 9 - March 9) and 58.8% up from the same period a year ago. Over the past year an average of 40 homes are were sold per month.
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