South Bruce Peninsula Real Estate Statistics

South Bruce Peninsula real estate average sold price in the last 30 days (January 21 - February 19) was $632,500, which is $100,125 (15.8%) higher than the average price of $532,375 in the previous 30 day period (December 22 - January 20), and $96,750 (15.3%) down from the same period 1 year ago ($729,250). South Bruce Peninsula real estate prices over the last 30 days are also $40,855 (6.5%) higher than the average selling price of $591,645 over the past year.

South Bruce Peninsula average sold price for homes was $632,500 in the last 30 days (January 21 - February 19), which is $100,125 (15.8%) up from the average home price of $532,375 in the previous 30 day period (December 22 - January 20), and $96,750 (15.3%) lower than the same period 1 year ago ($729,250). In the last 30 days South Bruce Peninsula the average home price was $40,824 (6.5%) higher than the average selling price of $591,676 over the last 12 months.

Average selling price for South Bruce Peninsula real estate was $632,500 in the last 30 days (January 21 - February 19), which is collectively $48,633 (6.0%) lower than the average asking price of $811,041. This represents a decline of $21,253 (77.6%) compared to $27,380 (4.0%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in South Bruce Peninsula during the last 12 months was recorded in December, 2024 with an average of $9,726 under the asking price, while the minimum occurring in March, 2024 with $44,379 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 35.3% with 6 properties sold and 7 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 142.9% recorded during the previous 30 day period (December 22 - January 20), and an increase from 33.3% compared to the same period one year ago.

Over the the last year the highest SNLR in South Bruce Peninsula was 7,621.7% recorded in December and the lowest was in November at 8.2%. 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 (January 21 - February 19) was 142 days, which is 25 days more than 117 days average in the previous 30 day period (December 22 - January 20) and 61 days longer than during the same period a year ago (81 days).

There were 8 delisted properties in South Bruce Peninsula, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 157 days on the market. This is 7 days shorter than the average of 164 days during the previous 30 day period (December 22 - January 20) and 36 days more compared to the same period last year average of 121 days on the market.

8 South Bruce Peninsula properties that didn't sell stayed on the market 10.6% longer than 6 that sucessfully sold over the last 30 days - 142 days when sold vs 157 days when delisted respectively.

Average Days on the Market in South Bruce Peninsula over the past 12 months for properties that have sold was 69.5 days, with 125.2 days for those properties that did not sell.

17 new properties were listed on the market in South Bruce Peninsula in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 17.6%).

During the previous 30 day period (December 22 - January 20) there were 7 new properties listed, 10 sold and 17 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 97 new properties listed, the slowest - August with 5 new listings and a yearly average of 21 new listings per month.

There were a total of 17 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in South Bruce Peninsula. This is a 142.9% increase compared with a previous 30 day period (December 22 - January 20) and 183.3% up from the same period a year ago. Over the past year an average of 20 homes are were listed per month.

There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in South Bruce Peninsula. This is a 40.0% decline compared with a previous 30 day period (December 22 - January 20) and 200.0% up from the same period a year ago. Over the past year an average of 166 homes are were sold per month.