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Penetanguishene Market Report

Current conditions across 93 active for-sale listings and 6 rentals in Penetanguishene. Figures below are from live MLS® inventory and reflect asking prices.

Active for sale
93
listings on market
Median asking
$675,000
all property types
Avg. days on market
73
buyer-favouring market
Median rent
$1,500/mo
6 rentals available

By property type

Penetanguishene asking prices by property type
Property typeListingsMedian askingAvg. $/sq ftAvg. DOM
Detached61$735,000$62063
Vacant land14$390,000$866137
Condo apartment6$449,900$49147
Semi-detached3$459,000$48563
Retail3$699,900$26944
Condo townhouse2$875,000$411101
Townhouse2$625,000$38189
Business for sale1$1,300,000$8013
Multiplex1$789,999$52725

Based on active listings only. Closed sale prices and sale-to-list ratios are VOW data, available to registered users.

What this means

At an average of 73 days on market, Penetanguishene favours buyers right now. There is meaningful room to negotiate on price and terms, and sellers who priced ambitiously are the ones sitting.

Remember that a city-wide figure hides a lot. Penetanguishene and Penetanguishene can behave completely differently in the same month, and condo and detached segments frequently diverge. For a decision that matters, use the numbers for your specific property type in your specific pocket.

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