Addington Highlands Real Estate Statistics
Addington Highlands Real Estate Price Trend
Addington Highlands real estate average sold price in the last 30 days (October 21 - November 19) was $388,672, which is $26,172 (6.7%) higher than the average price of $362,500 in the previous 30 day period (September 21 - October 20), and $70,947 (18.3%) up from the same period 1 year ago ($317,725). Addington Highlands real estate prices over the last 30 days are also $3,704 (1.0%) lower than the average selling price of $392,376 over the past year.
Addington Highlands average sold price for homes was $388,672 in the last 30 days (October 21 - November 19), which is $26,172 (6.7%) up from the average home price of $362,500 in the previous 30 day period (September 21 - October 20), and $70,947 (18.3%) higher than the same period 1 year ago ($317,725). In the last 30 days Addington Highlands the average home price was $3,704 (1.0%) lower than the average selling price of $392,376 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Addington Highlands real estate was $388,672 in the last 30 days (October 21 - November 19), which is collectively $11,677 (1.8%) lower than the average asking price of $645,350. This represents an increase of $773 (6.2%) compared to $12,450 (2.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
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 September, 2024 with $29,592 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 370.0% with 37 properties sold and 13 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 15.4% recorded during the previous 30 day period (September 21 - October 20), and an increase from 57.1% compared to the same period one year ago.
Over the the last year the highest SNLR in Addington Highlands was 233.3% recorded in October and the lowest was in January 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 37 properties that were successfully sold in Addington Highlands in the last 30 days (October 21 - November 19) was 60 days, which is 41 days more than 19 days average in the previous 30 day period (September 21 - October 20) and 16 days longer than during the same period a year ago (44 days).
There were 78 delisted properties in Addington Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 123 days on the market. This is 17 days longer than the average of 106 days during the previous 30 day period (September 21 - October 20) and 20 days less compared to the same period last year average of 143 days on the market.
78 Addington Highlands properties that didn't sell stayed on the market 105.0% longer than 37 that sucessfully sold over the last 30 days - 60 days when sold vs 123 days when delisted respectively.
Average Days on the Market in Addington Highlands over the past 12 months for properties that have sold was 75.5 days, with 110.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
10 new properties were listed on the market in Addington Highlands in the last 30 days (October 21 - November 19). During the same time 37 properties were sold and 78 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 105 properties (or 1,050.0%).
During the previous 30 day period (September 21 - October 20) there were 13 new properties listed, 2 sold and 5 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 23 new properties listed, the slowest - January with 0 new listings and a yearly average of 8 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 21 - November 19), which is 100.0% of all properties listed in Addington Highlands. This is a 23.1% decline compared with a previous 30 day period (September 21 - October 20) and 42.9% up from the same period a year ago. Over the past year an average of 8 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 37 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Addington Highlands. This is a 1,750.0% increase compared with a previous 30 day period (September 21 - October 20) and 825.0% up from the same period a year ago. Over the past year an average of 6 homes are were sold per month.