Temagami Real Estate Statistics
Temagami Real Estate Price Trend
Temagami real estate average sold price in the last 30 days (January 21 - February 19) was $1,075,000, which is $879,889 (81.9%) higher than the average price of $195,111 in the previous 30 day period (December 22 - January 20), and $775,000 (72.1%) up from the same period 1 year ago ($300,000). Temagami real estate prices over the last 30 days are also $879,075 (81.8%) higher than the average selling price of $195,925 over the past year.
Temagami average sold price for homes was $1,075,000 in the last 30 days (January 21 - February 19), which is $879,889 (81.9%) up from the average home price of $195,111 in the previous 30 day period (December 22 - January 20), and $775,000 (72.1%) higher than the same period 1 year ago ($300,000). In the last 30 days Temagami the average home price was $879,075 (81.8%) higher than the average selling price of $195,925 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Temagami real estate was $1,075,000 in the last 30 days (January 21 - February 19), which is collectively $75,000 (7.6%) lower than the average asking price of $990,000. This represents a decline of $65,712 (707.5%) compared to $9,288 (1.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Temagami during the last 12 months was recorded in September, 2024 with an average of $26,466 over the asking price, while the minimum occurring in January, 2025 with $75,000 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 Temagami was 100.0% with 1 properties sold and 3 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 600.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 100.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Temagami was 3,150.0% recorded in December and the lowest was in April 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 1 properties that were successfully sold in Temagami in the last 30 days (January 21 - February 19) was 16 days, which is 73 days less than 89 days average in the previous 30 day period (December 22 - January 20) and 164 days shorter than during the same period a year ago (180 days).
There were 3 delisted properties in Temagami, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 96 days on the market. This is 53 days shorter than the average of 149 days during the previous 30 day period (December 22 - January 20) and 9 days more compared to the same period last year average of 87 days on the market.
3 Temagami properties that didn't sell stayed on the market 500.0% longer than 1 that sucessfully sold over the last 30 days - 16 days when sold vs 96 days when delisted respectively.
Average Days on the Market in Temagami over the past 12 months for properties that have sold was 20.7 days, with 76.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1 new properties were listed on the market in Temagami in the last 30 days (January 21 - February 19). During the same time 1 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or 300.0%).
During the previous 30 day period (December 22 - January 20) there were 3 new properties listed, 18 sold and 67 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was November with 3 new properties listed, the slowest - April with 0 new listings and a yearly average of 1 new listings per month.
New Real Estate Listings by Property Type
There were a total of 1 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Temagami. This is a 66.7% decline compared with a previous 30 day period (December 22 - January 20) and 0.0% down from the same period a year ago. Over the past year an average of 1 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Temagami. This is a 94.4% decline compared with a previous 30 day period (December 22 - January 20) and 0.0% down from the same period a year ago. Over the past year an average of 8 homes are were sold per month.