Drummond-North ElmsleyHousing market

Drummond-North Elmsley

Drummond-North Elmsley Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

34

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

23

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*

68 active

New

23(-11.54% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 45, in 2023: 42, in 2022: 11

Total Sold Listings*

2 sold

Median Sold Price

$561,750

Avg Days on Market

23 days

Median Bidding

-$12,700

Compared to number of sold, same period, in 2024: 8, in 2023: 13, in 2022: 11

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Drummond-North Elmsley - All types

Sold vs Active vs New vs Relisted - Drummond-North Elmsley - All types

Sold Price Distribution - Drummond-North Elmsley - All types

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

Property Type Distribution - Drummond-North Elmsley - All types

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

Median Price - Drummond-North Elmsley - All types

Just listed - Drummond-North Elmsley

Unknown for 121 RIVERS EDGE Rd, Smiths Falls Ontario K7A 4S4

1 day on market

121 RIVERS EDGE Rd, Smiths Falls

Detached3-700-1100 sq ft

Listed by RIDEAU REALTY LIMITED

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 140 Old Plank Rd, Perth Ontario K7H 3C3

6 days on market

140 Old Plank Rd, Perth

Detached3+121100-1500 sq ft

Listed by RIGHT AT HOME REALTY

Floor plan for 1462 Drummond School Rd, Perth Ontario K7H 0L8

6 days on market

1462 Drummond School Rd, Perth

Detached321100-1500 sq ft

Listed by COLDWELL BANKER HERITAGE WAY REALTY INC.

Just sold - Drummond-North Elmsley

Unknown for 215 Robert Run N/A, Perth Ontario K7H 0G8

Sold 8 days ago

Sold for $1,365,000

$64K below asking

215 Robert Run N/A, Perth

Detached3+24- sq ft

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, forest/trees view for 344 Stone Rd, Smiths Falls Ontario K7A 4S4

Sold 9 days ago

Sold for $900,000

$98K below asking

344 Stone Rd, Smiths Falls

Detached321100-1500 sq ft

Listed by RIGHT AT HOME REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1256 DRUMMOND CONCESSION 9A Rd, Perth Ontario K7H 3C8

Sold 9 days ago

Sold for $550,000

$49K below asking

1256 DRUMMOND CONCESSION 9A Rd, Perth

Detached22- sq ft

Listed by RE/MAX FRONTLINE REALTY

Population and Demographics

Overview

Total population 8618

Average household income $122,909

Age (%)

65 and plus

27%

50 to 64

25%

0 to 19

19%

35 to 49

15%

20 to 34

14%

Household composition (%)

Single family

74%

Single person

24%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

94%

French

3%

Others

2%

House tenancy (%)

Owners

90%

Renters

10%

Top 1 School in Drummond-North Elmsley

St. John Intermediate School2066 Scotch Line Road 3, K7H 3C5, Perth, ON

4.7/10

Public•7-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

0/5

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

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

0/5

Few or no restaurants within walking distance