Algoma
Algoma Housing Market Report
Strong Buyer's Market
All types - for the month of March
Buyer's market Seller's market
15
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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.
7
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*
15 active
New
5(0% YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: 14, in 2023: 12, in 2022: 9
Total Sold Listings*
1 sold
Median Sold Price
$560,500
Avg Days on Market
7 days
Median Bidding
$11,000
Compared to number of sold, same period, in 2024: 1, in 2023: 1, in 2022: 3
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Algoma - All types
Sold vs Active vs New vs Relisted - Algoma - All types
Sold Price Distribution - Algoma - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Algoma - All types
Property type distribution based on data from the last 3 months.
Median Price - Algoma - All types
Just listed - Algoma
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Just sold - Algoma
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Top 5 Schools in Algoma
Echo Bay Central Public School290 Church St, P0S 1C0, Echo Bay, ON
6.7/10
Public•JK-6
St Joseph Island Central Public School1326 Richards St, P0R 1J0, Richards Landing, ON
6.2/10
Public•JK-6
École Élémentaire Notre-Dame-du-Sault600 North rue, P6B 2B9, Sault Ste. Marie, ON
5.9/10
Public•JK-8
Superior Heights Intermediate School750 North Street, P6B 2C5, Sault Ste. Marie, ON
5.7/10
Public•7-8
Michipicoten High School86 Magpie Rd, P0S 1K0, Wawa, ON
5/10
Public•9-12