Neighbourhood Market Intelligence
Loon Lake
Village of Loon Lake, Saskatchewan · November 2026
Prepared by Jordan Bird | LPT Realty · Data updated 1 November 2026 · Source Pillar 9 MLS® (Matrix)
Reporting period 1 November 2024 – 1 November 2026 · Dataset 24-month dataset, 7 sales · 30 listings in total
Market Pulse
Strong Buyer
Buyer
Balanced
Seller
Strong Seller
Strong Buyer Advantage · thin market
Based on 2 active listings against 6 sales in the past 12 months (4.0 months of supply), 21 of 28 listings failing to sell (75%), a median sale at 98.9% of asking and a median of 83 days on market. Sample is small; read as directional.
Market Pulse is an interpretation of neighbourhood MLS® activity, not an official MLS® classification.
Jordan's read on the market
Loon Lake is a recreational and lakefront market and behaves like one. Of 28 listings resolved in two years, 21 failed and 7 sold — a 75% failure rate, by far the highest on this list. Failed listings asked a median of about $399,000; the homes that actually sold closed at a median of $249,900.
The seven sales ranged from $106,000 to $500,000, with a median of 83 days on market and a median sale at 98.9% of asking — but that ratio is measured against the final asking price, often after months of reductions. Two homes are listed today, both above $429,000; only one home has sold above $350,000 in two years.
Sellers here compete with a large pool of unsold inventory at higher prices. Realistic pricing from day one is the only lever that has worked.
What homes sold for
Where inventory sits vs. where buyers are
What could your home be worth?
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Town-level statistics establish context; they cannot value a specific property. In smaller communities a single sale can move the median, and two homes on the same street routinely sell tens of thousands apart.
A written, property-specific evaluation accounts for lot, outbuildings, basement, garage, condition and what is competing for the same buyer today.
Jordan Bird | LPT Realty · jordanbird.ca · 17 years serving clients in real estate · Licensed in Alberta & Saskatchewan
Prepared by Jordan Bird | LPT Realty using Pillar 9 MLS® data believed to be reliable at the time of preparation. Community statistics provide general market context and are not a formal appraisal or property-specific valuation. Small-sample figures are shown for completeness and should be read as directional. Individual values vary with location, condition, size, improvements and timing. Not intended to solicit properties currently listed for sale.
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