Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Severn Sold Land Prices — May 2025
1 land parcels sold in Severn in May 2025. Average sold price $290,000. 100% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Oro Medonte | $515,500 | $515,500 | 96.4% | 140d | 🧊 Buyers |
| Tay | $69,500 | $69,500 | 100.0% | 36d | ⚖️ Balanced |
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1 land parcels sold in Severn in May 2025. The average sold price was $290,000 and the median was $290,000. The average and median are within 0% of each other.
100% of land sold below asking in Severn in May 2025, with an average sale-to-list ratio of 96.7%. The average sale-to-list ratio was 96.7%.
Land in Severn took an average of 162 days to sell in May 2025, 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 May 2025, land in Severn sold between $290,000 and $290,000. This includes lots, acreage, and agricultural parcels. The average sold price was $290,000 and the median was $290,000.
The average land sale price in Severn in May 2025 was $290,000, which is $210,397 below the Ontario average of $500,397. The Ontario average for the same period was $500,397.
Data note: Based on MLS® land sale transaction data for Severn, Ontario. Not official TRREB or CREA data. For general research only.
