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Drummond North Elmsley Sold Land Prices — September 2024
3 land parcels sold in Drummond North Elmsley in September 2024. Average sold price $415,000. 66.7% sold above asking — strong demand for land in this area.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Ottawa | $453,454 | $380,000 | 92.0% | 107d | 🧊 Buyers |
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3 land parcels sold in Drummond North Elmsley in September 2024. The average sold price was $415,000 and the median was $400,000. The average and median are within 3.8% of each other.
66.7% of land parcels in Drummond North Elmsley sold above asking in September 2024, with an average sale-to-list ratio of 181.0%. On average, parcels sold 81.0% above the listed price.
Land in Drummond North Elmsley took an average of 136 days to sell in September 2024, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In September 2024, land in Drummond North Elmsley sold between $165,000 and $680,000. This includes lots, acreage, and agricultural parcels. The average sold price was $415,000 and the median was $400,000.
The average land sale price in Drummond North Elmsley in September 2024 was $415,000, which is $30,813 above the Ontario average of $384,187. The Ontario average for the same period was $384,187.
Data note: Based on MLS® land sale transaction data for Drummond North Elmsley, Ontario. Not official TRREB or CREA data. For general research only.
