Summer Market Is Here! Call or text me at 705-879-8200 for your FREE, no-obligation opinion of value.
Summer Market Is Here! Call or text me at 705-879-8200 for your FREE, no-obligation opinion of value.
Active Listings | New Listings | Avg. List Price | Avg. DOM |
|---|---|---|---|
131 (+26) | 66 (+21) | $1,166,591 | 54 (-4) |
Buyers are continuing to approach the market with caution. Many are waiting for the right opportunity rather than rushing into a purchase, which is creating a more balanced and slower-moving environment.In the luxury segment, meaningful price adjustments are beginning to generate results. A number of waterfront properties that repositioned themselves into the $1.1M–$1.5M range have successfully found buyers, particularly on Sturgeon Lake and in nearby markets like Haliburton.
At the same time, properties priced above this range are taking longer to sell unless they offer something truly special.
One of the most important trends right now is the emphasis buyers are placing on waterfront quality.
Properties with:
On the other hand, properties with weedy, shallow, or less desirable waterfront are facing increased resistance—even when priced within competitive ranges.
This is especially noticeable in the $700,000–$900,000 range, where some listings are struggling due to weaker waterfront features despite being within a popular price band.
April clearly reinforced one key point: the market is responding to pricing.
These examples highlight the importance of aligning with current market conditions early.
Sales | Avg. Sale Price | Lowest Sale Price | Highest Sale Price |
|---|---|---|---|
17 (+8) | $895,235 | $450,000 | $1,400,000 |
Absorption rate is a simple market number. It compares homes sold to homes for sale in a set time period (often one month). This helps show how strong buyer demand is right now.
In plain language, absorption rate answers one question: “How quickly are buyers buying the homes that are listed?”
Absorption Rate | Market Type | What It Means |
|---|---|---|
Under 10% | Buyer's Market | More homes for sale than buyers. Buyers often have more choice and more room to negotiate. |
10% - 20% | Balanced Market | Supply and demand are closer to even. Prices often move more steadily. |
Over 20% | Seller's Market | More buyers are competing for fewer homes. Homes often sell faster and prices can rise. |
If you’re watching a specific lake or river, you can get notified when new waterfront data or updated reports are released. No spam — just occasional, relevant market insights and listing updates.
Detached Direct Waterfront Properties
Lake | River | Canal |
|---|---|---|
118 | 10 | 3 |
Price Band | Listings | What's in this range? |
|---|---|---|
Under $500k | 4 | Less desirable waterfront, teardown or seasonal cottages requiring extensive renovation |
$500k – $700k | 21 (+9) | Entry level seasonal lakefront or year round, move-in ready riverfront |
$700k – $1M | 49 (+6) | Largest buyer pool – mix of seasonal or year round homes with varying frontage |
$1M – 1.5M | 34 (+11) | Most value with updated homes with good waterfront. |
$1.5M – $2M | 10 (-3) | Premium segment with larger frontage on premium lakes |
$2M + | 13 (+3) | Luxury market |
Active Listings – 2 (-1)
Sold Listings – 1 (+1)
Avg. List Price – $1,181,365 (-$18,235)
Avg. Sale Price – $950,000
Active Listings – 13 (+1)
Sold Listings – 0
Avg. List Price – $1,899,884 ( -$64,648 )
Avg. Sale Price – No Data
Active Listings – 1
Sold Listings – 0
Avg. List Price – $1,250,000
Avg. Sale Price – No Data
Active Listings – 29 (+13)
Sold Listings – 2
Avg. List Price – $1,069,455 (-$188,600)
Avg. Sale Price – $957,500 (-$467,500)
Active Listings – 5 (-5)
Sold Listings – 0
Avg. List Price – $1,192,500 (-$33,880)
Avg. Sale Price – No Data
If you’re considering selling, understanding where your property fits within today’s waterfront market is critical, especially when seasonal and year-round values are behaving very differently.
If you’re buying, having access to accurate pricing guidance and new listings as they come up can make a significant difference.
Call or Text: (705) 879-8200
Email: jasonrichard@royallepage.ca
The information contained in this report has been compiled from data provided by the Central Lakes Association of REALTORS® MLS system. While deemed reliable, it is not guaranteed and is subject to change without notice. Jason Richard and Royal LePage Kawartha Lakes do not assume responsibility for any errors, omissions, or inaccuracies. This report is intended for informational purposes only and should not be relied upon as financial, legal, or investment advice. For the most current market data or a personalized property evaluation, please contact Jason Richard directly.