Sault Ste. MarieHousing market

Sault Ste. Marie

Sault Ste. Marie 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.

7

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 active

New

2(-33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 6, in 2023: 3, in 2022: 5

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: 0, in 2022: 1

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Sault Ste. Marie - All types

Sold vs Active vs New vs Relisted - Sault Ste. Marie - All types

Sold Price Distribution - Sault Ste. Marie - All types

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

Property Type Distribution - Sault Ste. Marie - All types

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

Median Price - Sault Ste. Marie - All types

Just listed - Sault Ste. Marie

Home with vinyl exterior material, unknown for 144 Tilley Rd, Sault Ste Marie Ontario P6B 3Z1

7 days on market

144 Tilley Rd, Sault Ste Marie

Detached22700-1100 sq ft

Listed by EXP REALTY

Unknown for 111 Albert St, Sault Ste Marie Ontario P6A 2J2

10 days on market

111 Albert St, Sault Ste Marie

Detached521100-1500 sq ft

Listed by EXP REALTY

Unknown for 22-24 Central Creek Dr, Sault Ste Marie Ontario P6C 6H3

85 days on market

$•••,•••

22-24 Central Creek Dr, Sault Ste Marie

Townhouse6+643500-5000 sq ft

Listed by EXIT REALTY TRUE NORTH

Frontside or backside of a home, the street view for 287 SECOND Line, Sault Ste Marie Ontario P6C 2M5

175 days on market

$•••,•••

287 SECOND Line, Sault Ste Marie

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE NORTHERN ADVANTAGE

A pic of a room for 23 Albert St, Sault Ste Marie Ontario P6A 2H7

200 days on market

23 Albert St, Sault Ste Marie

Detached3+22- sq ft

Listed by IPRO REALTY LTD.

Just sold - Sault Ste. Marie

Home with brick exterior material, street for 55 Park Place Dr, Sault Ste. Marie Ontario P6B 6L3

Sold 43 days ago

Sold for $560,500

$11K above asking

55 Park Place Dr, Sault Ste. Marie

Detached2+132313 sq ft

Listed by One Percent Realty Ltd. Brokerage

Home with brick exterior material, street for 55 Park Place Dr, Sault Ste Marie Ontario P6B 6L3

Sold 46 days ago

Sold for $560,500

$11K above asking

55 Park Place Dr, Sault Ste Marie

Semi-Detached331500-2000 sq ft

Listed by ONE PERCENT REALTY LTD.

Home with brick exterior material, street for 495 Bush St, Sault Ste Marie Ontario P6C 3H6

Sold 74 days ago

Sold for $281,000

$8K below asking

495 Bush St, Sault Ste Marie

Detached32- sq ft

Listed by EXP REALTY

Frontside or backside of a home, cottage for 79 Ontario Ave, Sault Ste Marie Ontario P6B 1E2

Sold 156 days ago

Sold for $324,400

$6K below asking

79 Ontario Ave, Sault Ste Marie

Detached211100-1500 sq ft

Listed by EASY LIST REALTY LTD.

trreb/IMG-X9348097_1.jpg

Sold 206 days ago

Sold for $405,100

$35K above asking

15 Bainbridge St, Sault Ste Marie

Detached321100-1500 sq ft

Listed by RIGHT AT HOME REALTY

trreb/IMG-X9295200_1.jpg

Sold 224 days ago

Sold for $450,000

288 Reid St, Sault Ste Marie

Detached3+121100-1500 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC.

trreb/IMG-X9283278_1.jpg

Sold 226 days ago

Sold for $680,000

$20K below asking

2151 Queen St, Sault Ste Marie

Detached3+131100-1500 sq ft

Listed by RE/MAX ADVANTAGE REALTY LTD.

trreb/IMG-X9049401_1.jpg

Sold 249 days ago

Sold for $224,000

$5K above asking

7 Lorna Dr, Sault Ste Marie

Semi-Detached2+22700-1100 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

itso/IMG-40599251_1.jpg

Sold 315 days ago

Sold for $282,500

$7K below asking

226 Lake St, Sault Ste. Marie

Detached31649 sq ft

Listed by COLDWELL BANKER PETER BENNINGER REALTY

trreb/IMG-X8412658_1.jpg

Sold 323 days ago

Sold for $235,000

$40K below asking

63 Walnut St, Sault Ste Marie

Detached3+121100-1500 sq ft

Listed by RE/MAX ACE REALTY INC.

Population and Demographics

Overview

Total population 70693

Average household income $107,162

Age (%)

65 and plus

25%

50 to 64

22%

0 to 19

19%

20 to 34

17%

35 to 49

17%

Household composition (%)

Single family

60%

Single person

36%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

89%

Italian

4%

French

3%

Others

3%

House tenancy (%)

Owners

68%

Renters

32%

Top 3 Schools in Sault Ste. Marie

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

St. Basil Catholic School250 St. George's Avenue, P6B 1X5, Sault Ste. Marie, ON

2.6/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance