South Bruce Peninsula Real Estate Statistics

South Bruce Peninsula real estate average sold price in the last 30 days (March 28 - April 26) was $640,000, which is $116,666 (18.2%) lower than the average price of $756,666 in the previous 30 day period (February 27 - March 27), and $29,000 (4.5%) down from the same period 1 year ago ($669,000). South Bruce Peninsula real estate prices over the last 30 days are also $12,683 (2.0%) lower than the average selling price of $652,683 over the past year.

South Bruce Peninsula average sold price for homes was $640,000 in the last 30 days (March 28 - April 26), which is $116,666 (18.2%) down from the average home price of $756,666 in the previous 30 day period (February 27 - March 27), and $29,000 (4.5%) lower than the same period 1 year ago ($669,000). In the last 30 days South Bruce Peninsula the average home price was $12,683 (2.0%) lower than the average selling price of $652,683 over the last 12 months.

Average selling price for South Bruce Peninsula real estate was $640,000 in the last 30 days (March 28 - April 26), which is collectively $25,300 (2.4%) lower than the average asking price of $1,044,972. This represents an increase of $26,683 (51.3%) compared to $51,983 (8.4%) Sold-Under-Asking price from the previous 30 day period (February 27 - March 27).

The maximum Sold Over/Under Asking ratio in South Bruce Peninsula during the last 12 months was recorded in November, 2023 with an average of $0 over the asking price, while the minimum occurring in September, 2023 with $59,633 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 South Bruce Peninsula was 54.5% with 6 properties sold and 26 new properties listed in the past 30 days (March 28 - April 26). This represents an increase from 23.1% recorded during the previous 30 day period (February 27 - March 27), and a decrease from 62.5% compared to the same period one year ago.

Over the the last year the highest SNLR in South Bruce Peninsula was 66.7% recorded in July and the lowest was in November 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 6 properties that were successfully sold in South Bruce Peninsula in the last 30 days (March 28 - April 26) was 34 days, which is 7 days less than 41 days average in the previous 30 day period (February 27 - March 27) and 21 days longer than during the same period a year ago (13 days).

There were 11 delisted properties in South Bruce Peninsula, those that got either Expired, Suspended or Terminated over the last 30 days (March 28 - April 26) with an average of 188 days on the market. This is 87 days longer than the average of 101 days during the previous 30 day period (February 27 - March 27) and 81 days more compared to the same period last year average of 107 days on the market.

11 South Bruce Peninsula properties that didn't sell stayed on the market 452.9% longer than 6 that sucessfully sold over the last 30 days - 34 days when sold vs 188 days when delisted respectively.

Average Days on the Market in South Bruce Peninsula over the past 12 months for properties that have sold was 40.6 days, with 92.7 days for those properties that did not sell.

11 new properties were listed on the market in South Bruce Peninsula in the last 30 days (March 28 - April 26). During the same time 6 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 54.5%).

During the previous 30 day period (February 27 - March 27) there were 26 new properties listed, 6 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 March with 26 new properties listed, the slowest - December with 3 new listings and a yearly average of 12 new listings per month.

There were a total of 11 homes listed during the last 30 days (March 28 - April 26), which is 100.0% of all properties listed in South Bruce Peninsula. This is a 57.7% decline compared with a previous 30 day period (February 27 - March 27) and 37.5% 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 (March 28 - April 26), which is 100.0% of all properties sold in South Bruce Peninsula. This is a 0.0% decline compared with a previous 30 day period (February 27 - March 27) and 20.0% up from the same period a year ago. Over the past year an average of 3 homes are were sold per month.