Trent Hills Real Estate Statistics
Trent Hills Real Estate Price Trend
Trent Hills real estate average sold price in the last 30 days (October 21 - November 19) was $595,444, which is $31,306 (5.3%) lower than the average price of $626,750 in the previous 30 day period (September 21 - October 20), and $55,635 (9.3%) down from the same period 1 year ago ($651,079). Trent Hills real estate prices over the last 30 days are also $17,504 (2.9%) lower than the average selling price of $612,948 over the past year.
Trent Hills average sold price for homes was $603,336 in the last 30 days (October 21 - November 19), which is $23,414 (3.9%) down from the average home price of $626,750 in the previous 30 day period (September 21 - October 20), and $39,141 (6.5%) lower than the same period 1 year ago ($642,477). In the last 30 days Trent Hills the average home price was $14,629 (2.4%) lower than the average selling price of $617,965 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Trent Hills real estate was $595,444 in the last 30 days (October 21 - November 19), which is collectively $15,422 (2.4%) lower than the average asking price of $652,008. This represents an increase of $2,772 (15.2%) compared to $18,194 (2.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Trent Hills during the last 12 months was recorded in May, 2024 with an average of $4,110 under the asking price, while the minimum occurring in December, 2023 with $27,318 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 Trent Hills was 75.6% with 34 properties sold and 61 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 32.8% recorded during the previous 30 day period (September 21 - October 20), and an increase from 27.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Trent Hills was 110.0% recorded in December and the lowest was in July at 23.8%. 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 34 properties that were successfully sold in Trent Hills in the last 30 days (October 21 - November 19) was 52 days, which is 1 days less than 53 days average in the previous 30 day period (September 21 - October 20) and 1 days shorter than during the same period a year ago (53 days).
There were 69 delisted properties in Trent Hills, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 84 days on the market. This is 4 days longer than the average of 80 days during the previous 30 day period (September 21 - October 20) and 9 days more compared to the same period last year average of 75 days on the market.
69 Trent Hills properties that didn't sell stayed on the market 61.5% longer than 34 that sucessfully sold over the last 30 days - 52 days when sold vs 84 days when delisted respectively.
Average Days on the Market in Trent Hills over the past 12 months for properties that have sold was 46.8 days, with 79.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
45 new properties were listed on the market in Trent Hills in the last 30 days (October 21 - November 19). During the same time 34 properties were sold and 69 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 58 properties (or 128.9%).
During the previous 30 day period (September 21 - October 20) there were 61 new properties listed, 20 sold and 54 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 84 new properties listed, the slowest - December with 10 new listings and a yearly average of 50 new listings per month.
New Real Estate Listings by Property Type
There were a total of 42 homes listed during the last 30 days (October 21 - November 19), which is 93.3% of all properties listed in Trent Hills. This is a 30.0% decline compared with a previous 30 day period (September 21 - October 20) and 35.5% up from the same period a year ago. Over the past year an average of 47 homes are were listed per month.
2 townhomes were listed over the last 30 days (October 21 - November 19) in Trent Hills, which is 4.4% of all new real estate inventory. This is a 100.0% more than during the previous 30 day period (September 21 - October 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.
Real Estate Sales by Property Type
There were a total of 33 homes sold during the last 30 days (October 21 - November 19), which is 97.1% of all properties sold in Trent Hills. This is a 65.0% increase compared with a previous 30 day period (September 21 - October 20) and 312.5% up from the same period a year ago. Over the past year an average of 20 homes are were sold per month.