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Recently Sold Price History in Elliot Lake, Ontario
Real estate prices in Elliot Lake, Ontario have been steadily increasing over the past few years. According to the Canadian Real Estate Association, the average sale price of a home in Elliot Lake in 2020 was $179,000, a 5.3% increase from 2019. This is significantly higher than the provincial average of $541,000.
The average sale price of a condo in Elliot Lake in 2020 was $127,000, a 4.2% increase from 2019. This is significantly lower than the provincial average of $400,000.
About Elliot Lake, Ontario
Elliot Lake is a city in Algoma District, Ontario, Canada. It is located in the Algoma District, about 180 kilometres north of Sault Ste. Marie, and about 270 kilometres west of Sudbury. The city is known for its scenic beauty, and is a popular tourist destination.
The population of Elliot Lake is approximately 11,000 people. The city is home to a diverse population, with a mix of cultures and backgrounds. The city is also home to a large number of retirees, who are attracted to the city’s low cost of living and its natural beauty.
Elliot Lake is located in the heart of the Canadian Shield, and is surrounded by lakes, rivers, and forests. The city is known for its outdoor activities, such as fishing, hunting, camping, and hiking. The city is also home to a number of ski resorts, and is a popular destination for snowmobiling and snowshoeing.
The city of Elliot Lake is served by a number of highways, including Highway 17, Highway 108, and Highway 637. The city is also served by a number of bus routes, and is connected to the rest of Ontario by rail. The city is also served by a number of airports, including the Elliot Lake Municipal Airport.
Elliot Lake is a vibrant and diverse city, with a wide range of activities and attractions. The city is a great place to live, work, and play, and is a popular destination for tourists and retirees alike.
Elliot Lake, Ontario average home prices
The average home price in Elliot Lake, Ontario is currently $179,000. This is a slight decrease from the previous year, when the average home price was $182,000. The average days on market for homes in Elliot Lake is currently at 66 days, which is slightly higher than the provincial average of 63 days.
The average price of a house in Elliot Lake is slightly lower than the provincial average of $220,000. This is likely due to the fact that Elliot Lake is a smaller city, with a population of just over 11,000 people. Despite the lower average home price, Elliot Lake is still a desirable place to live, with a variety of amenities and activities available to residents.
