West Grey Real Estate Statistics

West Grey real estate average sold price in the last 30 days (March 20 - April 18) was $760,388, which is $358,362 (47.1%) lower than the average price of $1,118,750 in the previous 30 day period (February 19 - March 19), and $124,674 (16.4%) up from the same period 1 year ago ($635,714). West Grey real estate prices over the last 30 days are also $41,687 (5.5%) higher than the average selling price of $718,701 over the past year.

West Grey average sold price for homes was $790,562 in the last 30 days (March 20 - April 18), which is $328,188 (41.5%) down from the average home price of $1,118,750 in the previous 30 day period (February 19 - March 19), and $120,962 (15.3%) higher than the same period 1 year ago ($669,600). In the last 30 days West Grey the average home price was $57,473 (7.3%) higher than the average selling price of $733,089 over the last 12 months.

Average selling price for West Grey real estate was $760,388 in the last 30 days (March 20 - April 18), which is collectively $20,888 (2.3%) lower than the average asking price of $916,796. This represents an increase of $23,587 (53.0%) compared to $44,475 (4.0%) Sold-Under-Asking price from the previous 30 day period (February 19 - March 19).

The maximum Sold Over/Under Asking ratio in West Grey during the last 12 months was recorded in May, 2023 with an average of $4,188 under the asking price, while the minimum occurring in December, 2023 with $49,655 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 West Grey was 90.0% with 9 properties sold and 10 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 40.0% recorded during the previous 30 day period (February 19 - March 19), and an increase from 50.0% compared to the same period one year ago.

Over the the last year the highest SNLR in West Grey was 700.0% recorded in January and the lowest was in November at 44.4%. 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 9 properties that were successfully sold in West Grey in the last 30 days (March 20 - April 18) was 73 days, which is 20 days more than 53 days average in the previous 30 day period (February 19 - March 19) and 21 days longer than during the same period a year ago (52 days).

There were 10 delisted properties in West Grey, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 143 days on the market. This is 1 days longer than the average of 142 days during the previous 30 day period (February 19 - March 19) and 71 days more compared to the same period last year average of 72 days on the market.

10 West Grey properties that didn't sell stayed on the market 95.9% longer than 9 that sucessfully sold over the last 30 days - 73 days when sold vs 143 days when delisted respectively.

Average Days on the Market in West Grey over the past 12 months for properties that have sold was 55.6 days, with 92.7 days for those properties that did not sell.

10 new properties were listed on the market in West Grey in the last 30 days (March 20 - April 18). During the same time 9 properties were sold and 10 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 9 properties (or 90.0%).

During the previous 30 day period (February 19 - March 19) there were 10 new properties listed, 4 sold and 18 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 16 new properties listed, the slowest - December with 1 new listings and a yearly average of 10 new listings per month.

There were a total of 9 homes listed during the last 30 days (March 20 - April 18), which is 90.0% of all properties listed in West Grey. This is a 0.0% decline compared with a previous 30 day period (February 19 - March 19) and 35.7% down from the same period a year ago. Over the past year an average of 9 homes are were listed per month.

There were a total of 8 homes sold during the last 30 days (March 20 - April 18), which is 88.9% of all properties sold in West Grey. This is a 100.0% increase compared with a previous 30 day period (February 19 - March 19) and 60.0% up from the same period a year ago. Over the past year an average of 9 homes are were sold per month.