Woolwich Real Estate Statistics

Woolwich Real Estate Price Trend
Woolwich real estate average sold price in the last 30 days (March 25 - April 23) was $909,736, which is $36,373 (4.0%) higher than the average price of $873,363 in the previous 30 day period (February 24 - March 24), and $137,097 (15.1%) down from the same period 1 year ago ($1,046,833). Woolwich real estate prices over the last 30 days are also $57,298 (6.3%) lower than the average selling price of $967,034 over the past year.
Woolwich average sold price for homes was $975,312 in the last 30 days (March 25 - April 23), which is $62,652 (6.4%) up from the average home price of $912,660 in the previous 30 day period (February 24 - March 24), and $104,154 (10.7%) lower than the same period 1 year ago ($1,079,466). In the last 30 days Woolwich the average home price was $17,588 (1.8%) lower than the average selling price of $992,900 over the last 12 months.
Average sold price of Woolwich townhouse was $560,000 in the last 30 days (March 25 - April 23), down $166,000 (29.6%) from the average townhome price of $726,000 over the previous 30 days (February 24 - March 24), and $160,500 (28.7%) lower than during to the same period 1 year ago ($720,500). Over the last 30 days the average townhouse price in Woolwich was $81,792 (14.6%) higher compared to the average selling price of $478,208 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Woolwich real estate was $909,736 in the last 30 days (March 25 - April 23), which is collectively $33,387 (3.2%) higher than the average asking price of $1,052,004. This represents an increase of $30,198 (946.9%) compared to $3,189 (0.4%) Sold-Over-Asking price from the previous 30 day period (February 24 - March 24).
The maximum Sold Over/Under Asking ratio in Woolwich during the last 12 months was recorded in June, 2023 with an average of $48,108 over the asking price, while the minimum occurring in January, 2024 with $48,824 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 90.5% with 19 properties sold and 17 new properties listed in the past 30 days (March 25 - April 23). This represents a decrease from 111.8% recorded during the previous 30 day period (February 24 - March 24), and a decrease from 110.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Woolwich was 130.0% recorded in April and the lowest was in September at 30.0%. 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 19 properties that were successfully sold in Woolwich in the last 30 days (March 25 - April 23) was 19 days, which is 9 days more than 10 days average in the previous 30 day period (February 24 - March 24) and 2 days longer than during the same period a year ago (17 days).
There were 9 delisted properties in Woolwich, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 18 days on the market. This is 79 days shorter than the average of 97 days during the previous 30 day period (February 24 - March 24) and 60 days less compared to the same period last year average of 78 days on the market.
9 Woolwich properties that didn't sell stayed on the market 5.3% longer than 19 that sucessfully sold over the last 30 days - 19 days when sold vs 18 days when delisted respectively.
Average Days on the Market in Woolwich over the past 12 months for properties that have sold was 20.6 days, with 53.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
21 new properties were listed on the market in Woolwich in the last 30 days (March 25 - April 23). During the same time 19 properties were sold and 9 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 33.3%).
During the previous 30 day period (February 24 - March 24) there were 17 new properties listed, 19 sold and 5 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 29 new properties listed, the slowest - December with 4 new listings and a yearly average of 14 new listings per month.
New Real Estate Listings by Property Type
There were a total of 17 homes listed during the last 30 days (March 25 - April 23), which is 81.0% of all properties listed in Woolwich. This is a 21.4% increase compared with a previous 30 day period (February 24 - March 24) and 70.0% up from the same period a year ago. Over the past year an average of 13 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 16 homes sold during the last 30 days (March 25 - April 23), which is 84.2% of all properties sold in Woolwich. This is a 6.7% increase compared with a previous 30 day period (February 24 - March 24) and 60.0% up from the same period a year ago. Over the past year an average of 10 homes are were sold per month.
3 townhomes were sold over the last 30 days (March 25 - April 23) in Woolwich, which is 15.8% of all sold real estate. This is a 25.0% less than during the previous 30 day period (February 24 - March 24) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 1 a month.
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