Addington Highlands Real Estate Statistics

Addington Highlands Real Estate Price Trend
Addington Highlands real estate average sold price in the last 30 days (March 25 - April 23) was $473,500, which is $33,500 (7.1%) higher than the average price of $440,000 in the previous 30 day period (February 24 - March 24), and $368,950 (77.9%) down from the same period 1 year ago ($842,450). Addington Highlands real estate prices over the last 30 days are also $81,093 (17.1%) higher than the average selling price of $392,407 over the past year.
Addington Highlands average sold price for homes was $473,500 in the last 30 days (March 25 - April 23), which is $33,500 (7.1%) up from the average home price of $440,000 in the previous 30 day period (February 24 - March 24), and $368,950 (77.9%) lower than the same period 1 year ago ($842,450). In the last 30 days Addington Highlands the average home price was $81,134 (17.1%) higher than the average selling price of $392,366 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Addington Highlands real estate was $473,500 in the last 30 days (March 25 - April 23), which is collectively $13,950 (2.3%) lower than the average asking price of $609,800. This represents an increase of $15,950 (53.3%) compared to $29,900 (5.4%) Sold-Under-Asking price from the previous 30 day period (February 24 - March 24).
The maximum Sold Over/Under Asking ratio in Addington Highlands during the last 12 months was recorded in December, 2023 with an average of $5,000 over the asking price, while the minimum occurring in June, 2023 with $24,933 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 Addington Highlands was 28.6% with 2 properties sold and 6 new properties listed in the past 30 days (March 25 - April 23). This represents an increase from 16.7% recorded during the previous 30 day period (February 24 - March 24), and a decrease from 200.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Addington Highlands was 1,040.0% recorded in July and the lowest was in April at 0.0%. 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 2 properties that were successfully sold in Addington Highlands in the last 30 days (March 25 - April 23) was 120 days, which is 48 days less than 168 days average in the previous 30 day period (February 24 - March 24) and 90 days longer than during the same period a year ago (30 days).
There were 2 delisted properties in Addington Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 91 days on the market. This is 28 days shorter than the average of 119 days during the previous 30 day period (February 24 - March 24) and 16 days less compared to the same period last year average of 107 days on the market.
2 Addington Highlands properties that didn't sell stayed on the market 24.2% longer than 2 that sucessfully sold over the last 30 days - 120 days when sold vs 91 days when delisted respectively.
Average Days on the Market in Addington Highlands over the past 12 months for properties that have sold was 69.8 days, with 104.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
7 new properties were listed on the market in Addington Highlands in the last 30 days (March 25 - April 23). During the same time 2 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 42.9%).
During the previous 30 day period (February 24 - March 24) there were 6 new properties listed, 1 sold and 4 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 12 new properties listed, the slowest - January with 0 new listings and a yearly average of 5 new listings per month.
New Real Estate Listings by Property Type
There were a total of 7 homes listed during the last 30 days (March 25 - April 23), which is 100.0% of all properties listed in Addington Highlands. This is a 16.7% increase compared with a previous 30 day period (February 24 - March 24) and 600.0% up from the same period a year ago. Over the past year an average of 5 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (March 25 - April 23), which is 100.0% of all properties sold in Addington Highlands. This is a 100.0% increase compared with a previous 30 day period (February 24 - March 24) and 0.0% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.
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