Grey Highlands Real Estate Statistics

Grey Highlands Real Estate Price Trend
Grey Highlands real estate average sold price in the last 30 days (October 27 - November 25) was $943,545, which is $14,812 (1.6%) lower than the average price of $958,357 in the previous 30 day period (September 27 - October 26), and $178,518 (18.9%) up from the same period 1 year ago ($765,027). Grey Highlands real estate prices over the last 30 days are also $84,024 (8.9%) higher than the average selling price of $859,521 over the past year.
Grey Highlands average sold price for homes was $986,200 in the last 30 days (October 27 - November 25), which is $48,550 (4.9%) down from the average home price of $1,034,750 in the previous 30 day period (September 27 - October 26), and $221,173 (22.4%) higher than the same period 1 year ago ($765,027). In the last 30 days Grey Highlands the average home price was $84,788 (8.6%) higher than the average selling price of $901,412 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Grey Highlands real estate was $943,545 in the last 30 days (October 27 - November 25), which is collectively $81,081 (13.2%) lower than the average asking price of $615,763. This represents a decline of $18,296 (29.1%) compared to $62,785 (6.9%) Sold-Under-Asking price from the previous 30 day period (September 27 - October 26).
The maximum Sold Over/Under Asking ratio in Grey Highlands during the last 12 months was recorded in February, 2024 with an average of $4,257 under the asking price, while the minimum occurring in December, 2023 with $118,916 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 100.0% with 11 properties sold and 23 new properties listed in the past 30 days (October 27 - November 25). This represents an increase from 30.4% recorded during the previous 30 day period (September 27 - October 26), and an increase from 84.6% compared to the same period one year ago.
Over the the last year the highest SNLR in Grey Highlands was 110.5% recorded in September and the lowest was in August at 35.0%. 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 11 properties that were successfully sold in Grey Highlands in the last 30 days (October 27 - November 25) was 65 days, which is 13 days more than 52 days average in the previous 30 day period (September 27 - October 26) and 7 days shorter than during the same period a year ago (72 days).
There were 23 delisted properties in Grey Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (October 27 - November 25) with an average of 117 days on the market. This is 8 days shorter than the average of 125 days during the previous 30 day period (September 27 - October 26) and 30 days more compared to the same period last year average of 87 days on the market.
23 Grey Highlands properties that didn't sell stayed on the market 80.0% longer than 11 that sucessfully sold over the last 30 days - 65 days when sold vs 117 days when delisted respectively.
Average Days on the Market in Grey Highlands over the past 12 months for properties that have sold was 68.6 days, with 101.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
11 new properties were listed on the market in Grey Highlands in the last 30 days (October 27 - November 25). During the same time 11 properties were sold and 23 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 23 properties (or 209.1%).
During the previous 30 day period (September 27 - October 26) there were 23 new properties listed, 7 sold and 11 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 32 new properties listed, the slowest - December with 7 new listings and a yearly average of 17 new listings per month.
New Real Estate Listings by Property Type
There were a total of 10 homes listed during the last 30 days (October 27 - November 25), which is 90.9% of all properties listed in Grey Highlands. This is a 54.5% decline compared with a previous 30 day period (September 27 - October 26) and 16.7% down from the same period a year ago. Over the past year an average of 16 homes are were listed per month.
1 townhomes were listed over the last 30 days (October 27 - November 25) in Grey Highlands, which is 9.1% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (September 27 - October 26) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.
Real Estate Sales by Property Type
There were a total of 10 homes sold during the last 30 days (October 27 - November 25), which is 90.9% of all properties sold in Grey Highlands. This is a 66.7% increase compared with a previous 30 day period (September 27 - October 26) and 9.1% down from the same period a year ago. Over the past year an average of 10 homes are were sold per month.
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