Wellington North Real Estate Statistics

Wellington North real estate average sold price in the last 30 days (April 1 - April 30) was $748,985, which is $3,021 (0.4%) higher than the average price of $745,964 in the previous 30 day period (March 2 - March 31), and $161,987 (21.6%) up from the same period 1 year ago ($586,998). Wellington North real estate prices over the last 30 days are also $47,541 (6.3%) higher than the average selling price of $701,444 over the past year.

Wellington North average sold price for homes was $772,150 in the last 30 days (April 1 - April 30), which is $6,629 (0.9%) down from the average home price of $778,779 in the previous 30 day period (March 2 - March 31), and $145,793 (18.9%) higher than the same period 1 year ago ($626,357). In the last 30 days Wellington North the average home price was $49,309 (6.4%) higher than the average selling price of $722,841 over the last 12 months.

Average selling price for Wellington North real estate was $748,985 in the last 30 days (April 1 - April 30), which is collectively $2,971 (0.3%) lower than the average asking price of $944,360. This represents an increase of $8,093 (73.1%) compared to $11,064 (1.4%) Sold-Under-Asking price from the previous 30 day period (March 2 - March 31).

The maximum Sold Over/Under Asking ratio in Wellington North during the last 12 months was recorded in September, 2023 with an average of $1,809 over the asking price, while the minimum occurring in December, 2023 with $27,228 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 Wellington North was 33.3% with 7 properties sold and 10 new properties listed in the past 30 days (April 1 - April 30). This represents a decrease from 120.0% recorded during the previous 30 day period (March 2 - March 31), and a decrease from 133.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Wellington North was 233.3% recorded in December and the lowest was in April at 33.3%. 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.

The Average Days on the Market (DOM) for 7 properties that were successfully sold in Wellington North in the last 30 days (April 1 - April 30) was 14 days, which is 44 days less than 58 days average in the previous 30 day period (March 2 - March 31) and 10 days shorter than during the same period a year ago (24 days).

There were 19 delisted properties in Wellington North, those that got either Expired, Suspended or Terminated over the last 30 days (April 1 - April 30) with an average of 89 days on the market. This is 18 days shorter than the average of 107 days during the previous 30 day period (March 2 - March 31) and 38 days more compared to the same period last year average of 51 days on the market.

19 Wellington North properties that didn't sell stayed on the market 535.7% longer than 7 that sucessfully sold over the last 30 days - 14 days when sold vs 89 days when delisted respectively.

Average Days on the Market in Wellington North over the past 12 months for properties that have sold was 39.1 days, with 78.3 days for those properties that did not sell.

21 new properties were listed on the market in Wellington North in the last 30 days (April 1 - April 30). During the same time 7 properties were sold and 19 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 23.8%).

During the previous 30 day period (March 2 - March 31) there were 10 new properties listed, 12 sold and 7 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 21 new properties listed, the slowest - December with 3 new listings and a yearly average of 13 new listings per month.

There were a total of 16 homes listed during the last 30 days (April 1 - April 30), which is 76.2% of all properties listed in Wellington North. This is a 128.6% increase compared with a previous 30 day period (March 2 - March 31) and 33.3% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.

There were a total of 6 homes sold during the last 30 days (April 1 - April 30), which is 85.7% of all properties sold in Wellington North. This is a 45.5% decline compared with a previous 30 day period (March 2 - March 31) and 57.1% down from the same period a year ago. Over the past year an average of 8 homes are were sold per month.