Greater MadawaskaHousing market

Greater Madawaska

Greater Madawaska Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

14

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.

32

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*

54 active

New

12(-47.83% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 37, in 2023: 17, in 2022: 4

Total Sold Listings*

4 sold

Median Sold Price

$751,700

Avg Days on Market

32 days

Median Bidding

-$23,450

Compared to number of sold, same period, in 2024: 5, in 2023: 0, in 2022: 4

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Greater Madawaska - All types

Sold vs Active vs New vs Relisted - Greater Madawaska - All types

Sold Price Distribution - Greater Madawaska - All types

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

Property Type Distribution - Greater Madawaska - All types

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

Median Price - Greater Madawaska - All types

Just listed - Greater Madawaska

Unknown for 512 Elsie Lane, Calabogie Ontario K0J 1H0

2 days on market

512 Elsie Lane, Calabogie

Detached4+241500-2000 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 2335 Calabogie Rd, Burnstown Ontario K0J 1G0

3 days on market

2335 Calabogie Rd, Burnstown

Detached22700-1100 sq ft

Listed by HOME RUN REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 279 Black Mountain Road Rd, Griffith Ontario K0J 2R0

6 days on market

279 Black Mountain Road Rd, Griffith

Detached21791 sq ft

Listed by Royal LePage Signature Realty, Brokerage

Just sold - Greater Madawaska

Unknown for 1094 Madawaska St, Calabogie Ontario K0J 1H0

Sold 9 days ago

Sold for $498,000

$27K below asking

1094 Madawaska St, Calabogie

Detached431500-2000 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 6 Pineglen Forest Lane, Burnstown Ontario K0J 1G0

Sold 23 days ago

Sold for $255,000

$75K below asking

6 Pineglen Forest Lane, Burnstown

Detached21700-1100 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, unknown for 30 Fleming Dr, Burnstown Ontario K0J 1G0

Sold 28 days ago

Sold for $835,000

$40K below asking

30 Fleming Dr, Burnstown

Detached331600-1799 sq ft

Listed by EASY LIST REALTY LTD.

Population and Demographics

Overview

Total population 3290

Average household income $125,289

Age (%)

65 and plus

33%

50 to 64

33%

35 to 49

12%

0 to 19

12%

20 to 34

10%

Household composition (%)

Single family

67%

Single person

27%

Multi person

5%

Multi family

1%

Mother tongue (%)

English

92%

French

4%

Others

2%

English and French

2%

House tenancy (%)

Owners

97%

Renters

3%

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