Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Southgate Sold Land Prices — December 2024
1 land parcels sold in Southgate in December 2024. Average sold price $263,000. 100% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Grey Highlands | $420,500 | $358,500 | 90.2% | 194d | 🧊 Buyers |
| West Grey | $503,750 | $357,500 | 85.2% | 97d | 🧊 Buyers |
| Chatsworth | $669,250 | $338,500 | 82.4% | 51d | 🧊 Buyers |
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1 land parcels sold in Southgate in December 2024. The average sold price was $263,000 and the median was $263,000. The average and median are within 0% of each other.
100% of land sold below asking in Southgate in December 2024, with an average sale-to-list ratio of 76.5%. The average sale-to-list ratio was 76.5%.
Land in Southgate took an average of 74 days to sell in December 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 December 2024, land in Southgate sold between $263,000 and $263,000. This includes lots, acreage, and agricultural parcels. The average sold price was $263,000 and the median was $263,000.
The average land sale price in Southgate in December 2024 was $263,000, which is $409,421 below the Ontario average of $672,421. The Ontario average for the same period was $672,421.
Data note: Based on MLS® land sale transaction data for Southgate, Ontario. Not official TRREB or CREA data. For general research only.
