Scugog Real Estate Statistics

Scugog Real Estate Price Trend
Scugog real estate average sold price in the last 30 days (January 21 - February 19) was $997,421, which is $138,785 (13.9%) higher than the average price of $858,636 in the previous 30 day period (December 22 - January 20), and $26,840 (2.7%) down from the same period 1 year ago ($1,024,261). Scugog real estate prices over the last 30 days are also $1,375 (0.1%) higher than the average selling price of $996,046 over the past year.
Scugog average sold price for homes was $1,007,647 in the last 30 days (January 21 - February 19), which is $143,147 (14.2%) up from the average home price of $864,500 in the previous 30 day period (December 22 - January 20), and $16,614 (1.6%) lower than the same period 1 year ago ($1,024,261). In the last 30 days Scugog the average home price was $6,218 (0.6%) higher than the average selling price of $1,001,428 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Scugog real estate was $997,421 in the last 30 days (January 21 - February 19), which is collectively $28,876 (2.6%) lower than the average asking price of $1,128,385. This represents a decline of $1,613 (5.9%) compared to $27,263 (2.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Scugog during the last 12 months was recorded in April, 2024 with an average of $8,473 over the asking price, while the minimum occurring in December, 2024 with $64,066 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 43.2% with 19 properties sold and 25 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 44.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 63.6% compared to the same period one year ago.
Over the the last year the highest SNLR in Scugog was 112.5% recorded in December and the lowest was in May at 32.9%. 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 19 properties that were successfully sold in Scugog in the last 30 days (January 21 - February 19) was 11 days, which is 78 days less than 89 days average in the previous 30 day period (December 22 - January 20) and 24 days shorter than during the same period a year ago (35 days).
There were 18 delisted properties in Scugog, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 42 days on the market. This is 29 days shorter than the average of 71 days during the previous 30 day period (December 22 - January 20) and 56 days less compared to the same period last year average of 98 days on the market.
18 Scugog properties that didn't sell stayed on the market 281.8% longer than 19 that sucessfully sold over the last 30 days - 11 days when sold vs 42 days when delisted respectively.
Average Days on the Market in Scugog over the past 12 months for properties that have sold was 23.6 days, with 60.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
44 new properties were listed on the market in Scugog in the last 30 days (January 21 - February 19). During the same time 19 properties were sold and 18 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 7 properties (or 15.9%).
During the previous 30 day period (December 22 - January 20) there were 25 new properties listed, 11 sold and 23 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 76 new properties listed, the slowest - December with 16 new listings and a yearly average of 56 new listings per month.
New Real Estate Listings by Property Type
There were a total of 39 homes listed during the last 30 days (January 21 - February 19), which is 88.6% of all properties listed in Scugog. This is a 69.6% increase compared with a previous 30 day period (December 22 - January 20) and 18.2% up from the same period a year ago. Over the past year an average of 54 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 17 homes sold during the last 30 days (January 21 - February 19), which is 89.5% of all properties sold in Scugog. This is a 70.0% increase compared with a previous 30 day period (December 22 - January 20) and 19.0% down from the same period a year ago. Over the past year an average of 29 homes are were sold per month.
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