Trent Hills Real Estate Statistics

Trent Hills Real Estate Price Trend
Trent Hills real estate average sold price in the last 30 days (February 27 - March 27) was $565,203, which is $71,184 (12.6%) higher than the average price of $494,019 in the previous 30 day period (January 28 - February 26), and $7,887 (1.4%) down from the same period 1 year ago ($573,090). Trent Hills real estate prices over the last 30 days are also $42,824 (7.6%) higher than the average selling price of $522,378 over the past year.
Trent Hills average sold price for homes was $563,919 in the last 30 days (February 27 - March 27), which is $69,900 (12.4%) up from the average home price of $494,019 in the previous 30 day period (January 28 - February 26), and $9,171 (1.6%) lower than the same period 1 year ago ($573,090). In the last 30 days Trent Hills the average home price was $40,622 (7.2%) higher than the average selling price of $523,297 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Trent Hills real estate was $565,203 in the last 30 days (February 27 - March 27), which is collectively $14,821 (2.3%) lower than the average asking price of $647,086. This represents a decline of $636 (4.5%) compared to $14,185 (2.2%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Trent Hills during the last 12 months was recorded in June, 2023 with an average of $7,535 over 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 52.5% with 32 properties sold and 37 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 70.3% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 60.6% compared to the same period one year ago.
Over the the last year the highest SNLR in Trent Hills was 6,182.8% recorded in September and the lowest was in November at 34.3%. 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 32 properties that were successfully sold in Trent Hills in the last 30 days (February 27 - March 27) was 45 days, which is 22 days more than 23 days average in the previous 30 day period (January 28 - February 26) and 5 days longer than during the same period a year ago (40 days).
There were 9 delisted properties in Trent Hills, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 72 days on the market. This is 18 days shorter than the average of 90 days during the previous 30 day period (January 28 - February 26) and 11 days more compared to the same period last year average of 61 days on the market.
9 Trent Hills properties that didn't sell stayed on the market 60.0% longer than 32 that sucessfully sold over the last 30 days - 45 days when sold vs 72 days when delisted respectively.
Average Days on the Market in Trent Hills over the past 12 months for properties that have sold was 41.0 days, with 80.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
61 new properties were listed on the market in Trent Hills in the last 30 days (February 27 - March 27). During the same time 32 properties were sold and 9 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 20 properties (or 32.8%).
During the previous 30 day period (January 28 - February 26) there were 37 new properties listed, 26 sold and 25 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 58 new properties listed, the slowest - December with 10 new listings and a yearly average of 35 new listings per month.
New Real Estate Listings by Property Type
There were a total of 54 homes listed during the last 30 days (February 27 - March 27), which is 88.5% of all properties listed in Trent Hills. This is a 45.9% increase compared with a previous 30 day period (January 28 - February 26) and 63.6% up from the same period a year ago. Over the past year an average of 33 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 31 homes sold during the last 30 days (February 27 - March 27), which is 96.9% of all properties sold in Trent Hills. This is a 19.2% increase compared with a previous 30 day period (January 28 - February 26) and 55.0% up from the same period a year ago. Over the past year an average of 400 homes are were sold per month.
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