Central Frontenac Real Estate Statistics

Central Frontenac Real Estate Price Trend
Central Frontenac real estate average sold price in the last 30 days (April 5 - May 4) was $720,250, which is $190,150 (26.4%) higher than the average price of $530,100 in the previous 30 day period (March 6 - April 4), and $83,650 (11.6%) up from the same period 1 year ago ($636,600). Central Frontenac real estate prices over the last 30 days are also $432,137 (60.0%) higher than the average selling price of $288,113 over the past year.
Central Frontenac average sold price for homes was $720,250 in the last 30 days (April 5 - May 4), which is $190,150 (26.4%) up from the average home price of $530,100 in the previous 30 day period (March 6 - April 4), and $83,650 (11.6%) higher than the same period 1 year ago ($636,600). In the last 30 days Central Frontenac the average home price was $432,137 (60.0%) higher than the average selling price of $288,113 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Central Frontenac real estate was $720,250 in the last 30 days (April 5 - May 4), which is collectively $5,800 (0.8%) higher than the average asking price of $703,271. This represents a decline of $24,400 (80.8%) compared to $30,200 (4.7%) Sold-Over-Asking price from the previous 30 day period (March 6 - April 4).
The maximum Sold Over/Under Asking ratio in Central Frontenac during the last 12 months was recorded in April, 2024 with an average of $13,933 over the asking price, while the minimum occurring in August, 2023 with $75,233 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 Central Frontenac was 28.6% with 2 properties sold and 5 new properties listed in the past 30 days (April 5 - May 4). This represents an increase from 20.0% recorded during the previous 30 day period (March 6 - April 4), and a decrease from 75.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Central Frontenac was 200.0% recorded in October and the lowest was in July 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 2 properties that were successfully sold in Central Frontenac in the last 30 days (April 5 - May 4) was 20 days, which is 14 days more than 6 days average in the previous 30 day period (March 6 - April 4) and 78 days shorter than during the same period a year ago (98 days).
There were 5 delisted properties in Central Frontenac, those that got either Expired, Suspended or Terminated over the last 30 days (April 5 - May 4) with an average of 163 days on the market. This is 16 days shorter than the average of 179 days during the previous 30 day period (March 6 - April 4) and 143 days more compared to the same period last year average of 20 days on the market.
5 Central Frontenac properties that didn't sell stayed on the market 715.0% longer than 2 that sucessfully sold over the last 30 days - 20 days when sold vs 163 days when delisted respectively.
Average Days on the Market in Central Frontenac over the past 12 months for properties that have sold was 18.8 days, with 66.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
7 new properties were listed on the market in Central Frontenac in the last 30 days (April 5 - May 4). During the same time 2 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).
During the previous 30 day period (March 6 - April 4) there were 5 new properties listed, 1 sold and 3 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 7 new properties listed, the slowest - February with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
There were a total of 7 homes listed during the last 30 days (April 5 - May 4), which is 100.0% of all properties listed in Central Frontenac. This is a 40.0% increase compared with a previous 30 day period (March 6 - April 4) and 75.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (April 5 - May 4), which is 100.0% of all properties sold in Central Frontenac. This is a 100.0% increase compared with a previous 30 day period (March 6 - April 4) and 33.3% down from the same period a year ago. Over the past year an average of 1 homes are were sold per month.
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