Arran-Elderslie Real Estate Statistics

Arran-Elderslie real estate average sold price in the last 30 days (January 21 - February 19) was $549,725, which is $87,745 (16.0%) higher than the average price of $461,980 in the previous 30 day period (December 22 - January 20), and $192,781 (35.1%) up from the same period 1 year ago ($356,944). Arran-Elderslie real estate prices over the last 30 days are also $358,533 (65.2%) higher than the average selling price of $191,192 over the past year.

Arran-Elderslie average sold price for homes was $549,725 in the last 30 days (January 21 - February 19), which is $87,745 (16.0%) up from the average home price of $461,980 in the previous 30 day period (December 22 - January 20), and $192,781 (35.1%) higher than the same period 1 year ago ($356,944). In the last 30 days Arran-Elderslie the average home price was $358,690 (65.2%) higher than the average selling price of $191,035 over the last 12 months.

Average selling price for Arran-Elderslie real estate was $549,725 in the last 30 days (January 21 - February 19), which is collectively $24,737 (4.5%) lower than the average asking price of $547,077. This represents a decline of $1,357 (5.8%) compared to $23,380 (3.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Arran-Elderslie during the last 12 months was recorded in June, 2024 with an average of $0 over the asking price, while the minimum occurring in May, 2024 with $39,900 below the asking price.

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 Arran-Elderslie was 88.9% with 8 properties sold and 8 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 62.5% recorded during the previous 30 day period (December 22 - January 20), and a decrease from ∞ compared to the same period one year ago.

Over the the last year the highest SNLR in Arran-Elderslie was 4,615.4% recorded in December and the lowest was in June 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.

The Average Days on the Market (DOM) for 8 properties that were successfully sold in Arran-Elderslie in the last 30 days (January 21 - February 19) was 121 days, which is 77 days more than 44 days average in the previous 30 day period (December 22 - January 20) and 19 days shorter than during the same period a year ago (140 days).

There were 5 delisted properties in Arran-Elderslie, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 162 days on the market. This is 69 days longer than the average of 93 days during the previous 30 day period (December 22 - January 20) and 162 days more compared to the same period last year average of 0 days on the market.

5 Arran-Elderslie properties that didn't sell stayed on the market 33.9% longer than 8 that sucessfully sold over the last 30 days - 121 days when sold vs 162 days when delisted respectively.

Average Days on the Market in Arran-Elderslie over the past 12 months for properties that have sold was 28.4 days, with 71.6 days for those properties that did not sell.

9 new properties were listed on the market in Arran-Elderslie in the last 30 days (January 21 - February 19). During the same time 8 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 44.4%).

During the previous 30 day period (December 22 - January 20) there were 8 new properties listed, 5 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 November with 39 new properties listed, the slowest - August with 0 new listings and a yearly average of 8 new listings per month.

There were a total of 8 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Arran-Elderslie. This is a 60.0% increase compared with a previous 30 day period (December 22 - January 20) and 300.0% up from the same period a year ago. Over the past year an average of 68 homes are were sold per month.