Woolwich Real Estate Statistics

Woolwich Real Estate Price Trend
Woolwich real estate average sold price in the last 30 days (July 11 - August 9) was $1,332,893, which is $421,018 (31.6 %) higher than the average price of $911,875 in the previous 30 day period (June 11 - July 10), and $305,893 (22.9 %) up from the same period 1 year ago ($1,027,000). Woolwich real estate prices over the last 30 days are also $464,071 (34.8 %) higher than the average selling price of $868,822 over the past year.
Woolwich average sold price for homes was $1,332,893 in the last 30 days (July 11 - August 9), which is $412,484 (30.9 %) up from the average home price of $920,409 in the previous 30 day period (June 11 - July 10), and $177,166 (13.3 %) higher than the same period 1 year ago ($1,155,727). In the last 30 days Woolwich the average home price was $419,334 (31.5 %) higher than the average selling price of $913,559 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Woolwich real estate was $1,332,893 in the last 30 days (July 11 - August 9), which is collectively $51,551 (3.6 %) lower than the average asking price of $1,433,699. This represents a decline of $62,084 (589.4 %) compared to $10,533 (0.9 %) Sold-Over-Asking price from the previous 30 day period (June 11 - July 10).
The maximum Sold Over/Under Asking ratio in Woolwich during the last 12 months was recorded in February, 2022 with an average of $253,360 over the asking price, while the minimum occurring in July, 2022 with $38,125 below the asking price.
Sales to New Listings Ratio
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 Woolwich was 28.6 % with 2 properties sold and 13 new properties listed in the past 30 days (July 11 - August 9). This represents a decrease from 92.3 % recorded during the previous 30 day period (June 11 - July 10), and a decrease from 200.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Woolwich was 183.3 % recorded in August 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 2 properties that were successfully sold in Woolwich in the last 30 days (July 11 - August 9) was 22 days, which is 4 days more than 18 days average in the previous 30 day period (June 11 - July 10) and 12 days longer than during the same period a year ago (10 days).
There were 12 delisted properties in Woolwich, those that got either Expired, Suspended or Terminated over the last 30 days (July 11 - August 9) with an average of 42 days on the market. This is 20 days longer than the average of 22 days during the previous 30 day period (June 11 - July 10) and 9 days less compared to the same period last year average of 51 days on the market.
12 Woolwich properties that didn't sell stayed on the market 90.9 % longer than 2 that sucessfully sold over the last 30 days - 22 days when sold vs 42 days when delisted respectively.
Average Days on the Market in Woolwich over the past 12 months for properties that have sold was 16.4 days, with 24.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
7 new properties were listed on the market in Woolwich in the last 30 days (July 11 - August 9). During the same time 2 properties were sold and 12 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 100.0 %).
During the previous 30 day period (June 11 - July 10) there were 13 new properties listed, 12 sold and 14 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 12 new properties listed, the slowest - December with 0 new listings and a yearly average of 7 new listings per month.
New Real Estate Listings by Property Type
There were a total of 6 homes listed during the last 30 days (July 11 - August 9), which is 85.7 % of all properties listed in Woolwich. This is a 45.5 % decline compared with a previous 30 day period (June 11 - July 10) and 14.3 % down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (July 11 - August 9), which is 100.0 % of all properties sold in Woolwich. This is a 81.8 % decline compared with a previous 30 day period (June 11 - July 10) and 81.8 % down from the same period a year ago. Over the past year an average of 8 homes are were sold per month.
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