Northern Bruce Peninsula Real Estate Statistics

Northern Bruce Peninsula real estate average sold price in the last 30 days (January 21 - February 19) was $541,000, which is $103,150 (19.1%) lower than the average price of $644,150 in the previous 30 day period (December 22 - January 20), and $6,250 (1.2%) down from the same period 1 year ago ($547,250). Northern Bruce Peninsula real estate prices over the last 30 days are also $117,817 (21.8%) lower than the average selling price of $658,817 over the past year.

Northern Bruce Peninsula average sold price for homes was $541,000 in the last 30 days (January 21 - February 19), which is $103,150 (19.1%) down from the average home price of $644,150 in the previous 30 day period (December 22 - January 20), and $6,250 (1.2%) lower than the same period 1 year ago ($547,250). In the last 30 days Northern Bruce Peninsula the average home price was $117,817 (21.8%) lower than the average selling price of $658,817 over the last 12 months.

Average selling price for Northern Bruce Peninsula real estate was $541,000 in the last 30 days (January 21 - February 19), which is collectively $27,180 (4.0%) lower than the average asking price of $684,322. This represents an increase of $6,653 (19.7%) compared to $33,833 (6.5%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Northern Bruce Peninsula during the last 12 months was recorded in August, 2024 with an average of $0 over the asking price, while the minimum occurring in May, 2024 with $67,225 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 Northern Bruce Peninsula was 55.6% with 5 properties sold and 7 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 85.7% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 57.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Northern Bruce Peninsula was 4,721.1% recorded in December and the lowest was in August 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 5 properties that were successfully sold in Northern Bruce Peninsula in the last 30 days (January 21 - February 19) was 200 days, which is 73 days more than 127 days average in the previous 30 day period (December 22 - January 20) and 74 days longer than during the same period a year ago (126 days).

There were 18 delisted properties in Northern Bruce Peninsula, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 138 days on the market. This is 22 days shorter than the average of 160 days during the previous 30 day period (December 22 - January 20) and 95 days more compared to the same period last year average of 43 days on the market.

18 Northern Bruce Peninsula properties that didn't sell stayed on the market 31.0% longer than 5 that sucessfully sold over the last 30 days - 200 days when sold vs 138 days when delisted respectively.

Average Days on the Market in Northern Bruce Peninsula over the past 12 months for properties that have sold was 56.7 days, with 104.6 days for those properties that did not sell.

9 new properties were listed on the market in Northern Bruce Peninsula in the last 30 days (January 21 - February 19). During the same time 5 properties were sold and 18 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 14 properties (or 155.6%).

During the previous 30 day period (December 22 - January 20) there were 7 new properties listed, 6 sold and 25 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 115 new properties listed, the slowest - August with 5 new listings and a yearly average of 19 new listings per month.

There were a total of 9 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Northern Bruce Peninsula. This is a 28.6% increase compared with a previous 30 day period (December 22 - January 20) and 28.6% up from the same period a year ago. Over the past year an average of 19 homes are were listed per month.

There were a total of 5 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Northern Bruce Peninsula. This is a 16.7% decline compared with a previous 30 day period (December 22 - January 20) and 25.0% up from the same period a year ago. Over the past year an average of 84 homes are were sold per month.