Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Penetanguishene Sold Land Prices — November 2024
6 land parcels sold in Penetanguishene in November 2024. Average sold price $351,333. 83.3% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Midland | $200,000 | $200,000 | 88.9% | 251d | 🧊 Buyers |
| Tiny | $190,000 | $190,000 | 82.6% | 41d | 🧊 Buyers |
| Tay | $177,000 | $180,000 | 86.2% | 64d | 🧊 Buyers |
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6 land parcels sold in Penetanguishene in November 2024. The average sold price was $351,333 and the median was $102,000. The average is 244.4% higher than the median.
83.3% of land sold below asking in Penetanguishene in November 2024, with an average sale-to-list ratio of 86.0%. The average sale-to-list ratio was 86.0%.
Land in Penetanguishene took an average of 75 days to sell in November 2024, which is typical for land — land takes longer than homes. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In November 2024, land in Penetanguishene sold between $100,000 and $1,600,000. This includes lots, acreage, and agricultural parcels. The average sold price was $351,333 and the median was $102,000.
The average land sale price in Penetanguishene in November 2024 was $351,333, which is $125,437 below the Ontario average of $476,770. The Ontario average for the same period was $476,770.
Data note: Based on MLS® land sale transaction data for Penetanguishene, Ontario. Not official TRREB or CREA data. For general research only.
