Lake Loon
Lake Loon

Lake Loon Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

120

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

4

New

2(- YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 1, in 2023: 0, in 2022: -

Total Sold Listings*

1

Median Sold Price

$639,000

Avg Days on Market

120 days

Median Bidding

$14,000

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Lake Loon - All types

Sold vs Active vs New vs Relisted - Lake Loon - All types

Sold Price Distribution - Lake Loon - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Lake Loon - All types

Property type distribution based on data from the last 3 months.

Median Price - Lake Loon - All types

Population and Demographics

Overview

Total population 911
Average household income $107,004

Age (%)

50 to 64
28%
65 and plus
22%
35 to 49
17%
0 to 19
17%
20 to 34
16%

Household composition (%)

Single family
69%
Single person
25%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
French
4%
English and French
1%
Others
1%

House tenancy (%)

Owners
90%
Renters
10%