Grey Highlands Real Estate Statistics

Grey Highlands Real Estate Price Trend
Grey Highlands real estate average sold price in the last 30 days (January 7 - February 5) was $735,390, which is $110,155 (15.0%) lower than the average price of $845,545 in the previous 30 day period (December 8 - January 6), and $9,380 (1.3%) up from the same period 1 year ago ($726,010). Grey Highlands real estate prices over the last 30 days are also $9,206,884 (1,252.0%) lower than the average selling price of $9,942,274 over the past year.
Grey Highlands average sold price for homes was $794,375 in the last 30 days (January 7 - February 5), which is $51,170 (6.4%) down from the average home price of $845,545 in the previous 30 day period (December 8 - January 6), and $68,365 (8.6%) higher than the same period 1 year ago ($726,010). In the last 30 days Grey Highlands the average home price was $9,149,764 (1,151.8%) lower than the average selling price of $9,944,139 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Grey Highlands real estate was $735,390 in the last 30 days (January 7 - February 5), which is collectively $72,140 (6.8%) lower than the average asking price of $1,054,933. This represents a decline of $17,877 (32.9%) compared to $54,263 (7.5%) Sold-Under-Asking price from the previous 30 day period (December 8 - January 6).
The maximum Sold Over/Under Asking ratio in Grey Highlands during the last 12 months was recorded in July, 2022 with an average of $109,862,220 over the asking price, while the minimum occurring in August, 2022 with $101,278 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Grey Highlands was 58.8% with 10 properties sold and 6 new properties listed in the past 30 days (January 7 - February 5). This represents a decrease from 183.3% recorded during the previous 30 day period (December 8 - January 6), and a decrease from 333.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Grey Highlands was 333.3% recorded in February and the lowest was in July at 25.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 10 properties that were successfully sold in Grey Highlands in the last 30 days (January 7 - February 5) was 115 days, which is 34 days more than 81 days average in the previous 30 day period (December 8 - January 6) and 90 days longer than during the same period a year ago (25 days).
There were 11 delisted properties in Grey Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (January 7 - February 5) with an average of 100 days on the market. This is 20 days shorter than the average of 120 days during the previous 30 day period (December 8 - January 6) and 100 days more compared to the same period last year average of 0 days on the market.
11 Grey Highlands properties that didn't sell stayed on the market 13.0% longer than 10 that sucessfully sold over the last 30 days - 115 days when sold vs 100 days when delisted respectively.
Average Days on the Market in Grey Highlands over the past 12 months for properties that have sold was 41.1 days, with 63.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
17 new properties were listed on the market in Grey Highlands in the last 30 days (January 7 - February 5). During the same time 10 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 23.5%).
During the previous 30 day period (December 8 - January 6) there were 6 new properties listed, 11 sold and 15 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 27 new properties listed, the slowest - February with 3 new listings and a yearly average of 17 new listings per month.
New Real Estate Listings by Property Type
There were a total of 17 homes listed during the last 30 days (January 7 - February 5), which is 100.0% of all properties listed in Grey Highlands. This is a 240.0% increase compared with a previous 30 day period (December 8 - January 6) and 466.7% up from the same period a year ago. Over the past year an average of 15 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (January 7 - February 5), which is 80.0% of all properties sold in Grey Highlands. This is a 27.3% decline compared with a previous 30 day period (December 8 - January 6) and 20.0% down from the same period a year ago. Over the past year an average of 9 homes are were sold per month.
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