Wellington North Real Estate Statistics

Wellington North real estate average sold price in the last 30 days (January 21 - February 19) was $572,327, which is $285,858 (49.9%) higher than the average price of $286,469 in the previous 30 day period (December 22 - January 20), and $26,233 (4.6%) down from the same period 1 year ago ($598,560). Wellington North real estate prices over the last 30 days are also $88,642 (15.5%) lower than the average selling price of $660,969 over the past year.

Wellington North average sold price for homes was $633,928 in the last 30 days (January 21 - February 19), which is $339,616 (53.6%) up from the average home price of $294,312 in the previous 30 day period (December 22 - January 20), and $2,452 (0.4%) lower than the same period 1 year ago ($636,380). In the last 30 days Wellington North the average home price was $52,632 (8.3%) lower than the average selling price of $686,560 over the last 12 months.

Average sold price of Wellington North townhouse was $600,000 in the last 30 days (January 21 - February 19), up $432,000 (72.0%) from the average townhome price of $168,000 over the previous 30 days (December 22 - January 20), and $95,990 (16.0%) higher than during to the same period 1 year ago ($504,010). Over the last 30 days the average townhouse price in Wellington North was $257,869 (43.0%) higher compared to the average selling price of $342,131 over the last 12 months.

Average selling price for Wellington North real estate was $572,327 in the last 30 days (January 21 - February 19), which is collectively $11,759 (1.7%) lower than the average asking price of $688,855. This represents a decline of $3,585 (43.9%) compared to $8,174 (1.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Wellington North during the last 12 months was recorded in April, 2024 with an average of $2,971 under the asking price, while the minimum occurring in September, 2024 with $29,037 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 55.6% with 10 properties sold and 18 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 200.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 63.6% compared to the same period one year ago.

Over the the last year the highest SNLR in Wellington North was 5,377.8% recorded in December and the lowest was in November at 10.3%. 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 10 properties that were successfully sold in Wellington North in the last 30 days (January 21 - February 19) was 32 days, which is 25 days less than 57 days average in the previous 30 day period (December 22 - January 20) and 6 days shorter than during the same period a year ago (38 days).

There were 7 delisted properties in Wellington North, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 175 days on the market. This is 61 days longer than the average of 114 days during the previous 30 day period (December 22 - January 20) and 97 days more compared to the same period last year average of 78 days on the market.

7 Wellington North properties that didn't sell stayed on the market 446.9% longer than 10 that sucessfully sold over the last 30 days - 32 days when sold vs 175 days when delisted respectively.

Average Days on the Market in Wellington North over the past 12 months for properties that have sold was 34.3 days, with 88.9 days for those properties that did not sell.

18 new properties were listed on the market in Wellington North in the last 30 days (January 21 - February 19). During the same time 10 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 5.6%).

During the previous 30 day period (December 22 - January 20) there were 18 new properties listed, 36 sold and 40 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 58 new properties listed, the slowest - October with 10 new listings and a yearly average of 21 new listings per month.

There were a total of 14 homes listed during the last 30 days (January 21 - February 19), which is 77.8% of all properties listed in Wellington North. This is a 16.7% increase compared with a previous 30 day period (December 22 - January 20) and 55.6% up from the same period a year ago. Over the past year an average of 17 homes are were listed per month.

1 townhomes were listed over the last 30 days (January 21 - February 19) in Wellington North, which is 5.6% of all new real estate inventory. This is a 75.0% less than during the previous 30 day period (December 22 - January 20) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.

There were a total of 7 homes sold during the last 30 days (January 21 - February 19), which is 70.0% of all properties sold in Wellington North. This is a 78.1% decline compared with a previous 30 day period (December 22 - January 20) and 40.0% up from the same period a year ago. Over the past year an average of 136 homes are were sold per month.

1 townhomes were sold over the last 30 days (January 21 - February 19) in Wellington North, which is 10.0% of all sold real estate. This is a 66.7% less than during the previous 30 day period (December 22 - January 20) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 10 a month.