South Frontenac Real Estate Statistics

South Frontenac Real Estate Price Trend
South Frontenac real estate average sold price in the last 30 days (March 27 - April 25) was $816,166, which is $328,500 (40.2%) lower than the average price of $1,144,666 in the previous 30 day period (February 26 - March 26), and $40,167 (4.9%) down from the same period 1 year ago ($856,333). South Frontenac real estate prices over the last 30 days are also $62,497 (7.7%) lower than the average selling price of $878,663 over the past year.
South Frontenac average sold price for homes was $816,166 in the last 30 days (March 27 - April 25), which is $328,500 (40.2%) down from the average home price of $1,144,666 in the previous 30 day period (February 26 - March 26), and $40,167 (4.9%) lower than the same period 1 year ago ($856,333). In the last 30 days South Frontenac the average home price was $62,497 (7.7%) lower than the average selling price of $878,663 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for South Frontenac real estate was $816,166 in the last 30 days (March 27 - April 25), which is collectively $41,483 (3.7%) lower than the average asking price of $1,132,069. This represents an increase of $46,483 (52.8%) compared to $87,966 (11.5%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 26).
The maximum Sold Over/Under Asking ratio in South Frontenac during the last 12 months was recorded in May, 2023 with an average of $8,400 over the asking price, while the minimum occurring in December, 2023 with $125,001 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 South Frontenac was 46.2% with 6 properties sold and 6 new properties listed in the past 30 days (March 27 - April 25). This represents a decrease from 50.0% recorded during the previous 30 day period (February 26 - March 26), and a decrease from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in South Frontenac was 120.0% recorded in June and the lowest was in December 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 6 properties that were successfully sold in South Frontenac in the last 30 days (March 27 - April 25) was 48 days, which is 45 days less than 93 days average in the previous 30 day period (February 26 - March 26) and 17 days longer than during the same period a year ago (31 days).
There were 3 delisted properties in South Frontenac, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 69 days on the market. This is 69 days longer than the average of 0 days during the previous 30 day period (February 26 - March 26) and 34 days more compared to the same period last year average of 35 days on the market.
3 South Frontenac properties that didn't sell stayed on the market 43.8% longer than 6 that sucessfully sold over the last 30 days - 48 days when sold vs 69 days when delisted respectively.
Average Days on the Market in South Frontenac over the past 12 months for properties that have sold was 34.8 days, with 76.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
13 new properties were listed on the market in South Frontenac in the last 30 days (March 27 - April 25). During the same time 6 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 30.8%).
During the previous 30 day period (February 26 - March 26) there were 6 new properties listed, 3 sold and 0 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 13 new properties listed, the slowest - December with 0 new listings and a yearly average of 6 new listings per month.
New Real Estate Listings by Property Type
There were a total of 13 homes listed during the last 30 days (March 27 - April 25), which is 100.0% of all properties listed in South Frontenac. This is a 116.7% increase compared with a previous 30 day period (February 26 - March 26) and 116.7% up from the same period a year ago. Over the past year an average of 6 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 6 homes sold during the last 30 days (March 27 - April 25), which is 100.0% of all properties sold in South Frontenac. This is a 100.0% increase compared with a previous 30 day period (February 26 - March 26) and 100.0% up from the same period a year ago. Over the past year an average of 2 homes are were sold per month.
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