Stirling-Rawdon Real Estate Statistics
Stirling-Rawdon Real Estate Price Trend
Stirling-Rawdon real estate average sold price in the last 30 days (March 20 - April 18) was $640,337, which is $9,791 (1.5%) lower than the average price of $650,128 in the previous 30 day period (February 19 - March 19), and $31,337 (4.9%) up from the same period 1 year ago ($609,000). Stirling-Rawdon real estate prices over the last 30 days are also $84,332 (13.2%) higher than the average selling price of $556,005 over the past year.
Stirling-Rawdon average sold price for homes was $640,337 in the last 30 days (March 20 - April 18), which is $54,663 (8.5%) down from the average home price of $695,000 in the previous 30 day period (February 19 - March 19), and $31,337 (4.9%) higher than the same period 1 year ago ($609,000). In the last 30 days Stirling-Rawdon the average home price was $75,180 (11.7%) higher than the average selling price of $565,156 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Stirling-Rawdon real estate was $640,337 in the last 30 days (March 20 - April 18), which is collectively $9,612 (1.4%) lower than the average asking price of $682,112. This represents an increase of $8,730 (47.6%) compared to $18,342 (2.4%) Sold-Under-Asking price from the previous 30 day period (February 19 - March 19).
The maximum Sold Over/Under Asking ratio in Stirling-Rawdon during the last 12 months was recorded in May, 2023 with an average of $2,550 under the asking price, while the minimum occurring in January, 2024 with $18,625 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 Stirling-Rawdon was 50.0% with 8 properties sold and 11 new properties listed in the past 30 days (March 20 - April 18). This represents a decrease from 63.6% recorded during the previous 30 day period (February 19 - March 19), and a decrease from 54.5% compared to the same period one year ago.
Over the the last year the highest SNLR in Stirling-Rawdon was 6,475.0% recorded in July and the lowest was in March at 27.8%. 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 8 properties that were successfully sold in Stirling-Rawdon in the last 30 days (March 20 - April 18) was 33 days, which is 6 days less than 39 days average in the previous 30 day period (February 19 - March 19) and 14 days longer than during the same period a year ago (19 days).
There were 8 delisted properties in Stirling-Rawdon, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 47 days on the market. This is 13 days shorter than the average of 60 days during the previous 30 day period (February 19 - March 19) and 18 days less compared to the same period last year average of 65 days on the market.
8 Stirling-Rawdon properties that didn't sell stayed on the market 42.4% longer than 8 that sucessfully sold over the last 30 days - 33 days when sold vs 47 days when delisted respectively.
Average Days on the Market in Stirling-Rawdon over the past 12 months for properties that have sold was 36.3 days, with 82.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
16 new properties were listed on the market in Stirling-Rawdon in the last 30 days (March 20 - April 18). During the same time 8 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).
During the previous 30 day period (February 19 - March 19) there were 11 new properties listed, 7 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 September with 22 new properties listed, the slowest - December with 1 new listings and a yearly average of 13 new listings per month.
New Real Estate Listings by Property Type
There were a total of 13 homes listed during the last 30 days (March 20 - April 18), which is 81.2% of all properties listed in Stirling-Rawdon. This is a 30.0% increase compared with a previous 30 day period (February 19 - March 19) and 85.7% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.
3 townhomes were listed over the last 30 days (March 20 - April 18) in Stirling-Rawdon, which is 18.8% of all new real estate inventory. This is a 200.0% more than during the previous 30 day period (February 19 - March 19) and 25.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (March 20 - April 18), which is 100.0% of all properties sold in Stirling-Rawdon. This is a 60.0% increase compared with a previous 30 day period (February 19 - March 19) and 33.3% up from the same period a year ago. Over the past year an average of 104 homes are were sold per month.