West Grey Real Estate Statistics

West Grey real estate average sold price in the last 30 days (November 21 - December 20) was $442,452, which is $488,860 (110.5%) lower than the average price of $931,312 in the previous 30 day period (October 22 - November 20), and $317,548 (71.8%) down from the same period 1 year ago ($760,000). West Grey real estate prices over the last 30 days are also $348,978 (78.9%) lower than the average selling price of $791,430 over the past year.

West Grey average sold price for homes was $441,752 in the last 30 days (November 21 - December 20), which is $548,319 (124.1%) down from the average home price of $990,071 in the previous 30 day period (October 22 - November 20), and $318,248 (72.0%) lower than the same period 1 year ago ($760,000). In the last 30 days West Grey the average home price was $378,920 (85.8%) lower than the average selling price of $820,672 over the last 12 months.

Average selling price for West Grey real estate was $442,452 in the last 30 days (November 21 - December 20), which is collectively $10,473 (1.2%) lower than the average asking price of $864,672. This represents an increase of $60,114 (85.2%) compared to $70,587 (6.1%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).

The maximum Sold Over/Under Asking ratio in West Grey during the last 12 months was recorded in May, 2024 with an average of $10,000 under the asking price, while the minimum occurring in October, 2024 with $75,374 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 1,040.4% with 1,134 properties sold and 8 new properties listed in the past 30 days (November 21 - December 20). This represents an increase from 100.0% recorded during the previous 30 day period (October 22 - November 20), and an increase from 60.0% 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 4.7%. 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 1,134 properties that were successfully sold in West Grey in the last 30 days (November 21 - December 20) was 71 days, which is 14 days more than 57 days average in the previous 30 day period (October 22 - November 20) and 0 days longer than during the same period a year ago (71 days).

There were 887 delisted properties in West Grey, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 124 days on the market. This is 63 days longer than the average of 61 days during the previous 30 day period (October 22 - November 20) and 7 days less compared to the same period last year average of 131 days on the market.

887 West Grey properties that didn't sell stayed on the market 74.6% longer than 1,134 that sucessfully sold over the last 30 days - 71 days when sold vs 124 days when delisted respectively.

Average Days on the Market in West Grey over the past 12 months for properties that have sold was 62.9 days, with 103.8 days for those properties that did not sell.

109 new properties were listed on the market in West Grey in the last 30 days (November 21 - December 20). During the same time 1,134 properties were sold and 887 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1912 properties (or 1,754.1%).

During the previous 30 day period (October 22 - November 20) there were 8 new properties listed, 8 sold and 4 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 85 new properties listed, the slowest - December with 1 new listings and a yearly average of 16 new listings per month.

There were a total of 100 homes listed during the last 30 days (November 21 - December 20), which is 91.7% of all properties listed in West Grey. This is a 1,150.0% increase compared with a previous 30 day period (October 22 - November 20) and 2,400.0% up from the same period a year ago. Over the past year an average of 15 homes are were listed per month.

There were a total of 1,118 homes sold during the last 30 days (November 21 - December 20), which is 98.6% of all properties sold in West Grey. This is a 15,871.4% increase compared with a previous 30 day period (October 22 - November 20) and 37,166.7% up from the same period a year ago. Over the past year an average of 6 homes are were sold per month.