Gananoque Real Estate Statistics

Gananoque real estate average sold price in the last 30 days (January 21 - February 19) was $1,203,530, which is $758,005 (63.0%) higher than the average price of $445,525 in the previous 30 day period (December 22 - January 20), and $323,530 (26.9%) up from the same period 1 year ago ($880,000). Gananoque real estate prices over the last 30 days are also $714,683 (59.4%) higher than the average selling price of $488,847 over the past year.

Average selling price for Gananoque real estate was $1,203,530 in the last 30 days (January 21 - February 19), which is collectively $167,496 (22.1%) lower than the average asking price of $759,250. This represents a decline of $146,468 (696.5%) compared to $21,028 (3.5%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Gananoque during the last 12 months was recorded in November, 2024 with an average of $8,707 under the asking price, while the minimum occurring in January, 2025 with $21,677 below the asking price.

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 Gananoque was 80.0% with 8 properties sold and 8 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 400.0% 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 Gananoque was 33,750.0% recorded in August and the lowest was in November at 78.9%. 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.

The Average Days on the Market (DOM) for 8 properties that were successfully sold in Gananoque in the last 30 days (January 21 - February 19) was 53 days, which is 17 days less than 70 days average in the previous 30 day period (December 22 - January 20) and 7 days shorter than during the same period a year ago (60 days).

There were 8 delisted properties in Gananoque, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 127 days on the market. This is 27 days longer than the average of 100 days during the previous 30 day period (December 22 - January 20) and 57 days more compared to the same period last year average of 70 days on the market.

8 Gananoque properties that didn't sell stayed on the market 139.6% longer than 8 that sucessfully sold over the last 30 days - 53 days when sold vs 127 days when delisted respectively.

Average Days on the Market in Gananoque over the past 12 months for properties that have sold was 44.4 days, with 103.7 days for those properties that did not sell.

10 new properties were listed on the market in Gananoque in the last 30 days (January 21 - February 19). During the same time 8 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 60.0%).

During the previous 30 day period (December 22 - January 20) there were 8 new properties listed, 32 sold and 10 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 52 new properties listed, the slowest - September with 1 new listings and a yearly average of 14 new listings per month.

There were a total of 7 homes listed during the last 30 days (January 21 - February 19), which is 70.0% of all properties listed in Gananoque. This is a 16.7% increase compared with a previous 30 day period (December 22 - January 20) and 600.0% up from the same period a year ago. Over the past year an average of 9 homes are were listed per month.