Greater Napanee Real Estate Statistics

Greater Napanee real estate average sold price in the last 30 days (January 21 - February 19) was $483,842, which is $63,540 (13.1%) lower than the average price of $547,382 in the previous 30 day period (December 22 - January 20), and $176,033 (36.4%) down from the same period 1 year ago ($659,875). Greater Napanee real estate prices over the last 30 days are also $43,464 (9.0%) lower than the average selling price of $527,306 over the past year.

Greater Napanee average sold price for homes was $483,842 in the last 30 days (January 21 - February 19), which is $66,356 (13.7%) down from the average home price of $550,198 in the previous 30 day period (December 22 - January 20), and $176,033 (36.4%) lower than the same period 1 year ago ($659,875). In the last 30 days Greater Napanee the average home price was $51,547 (10.7%) lower than the average selling price of $535,389 over the last 12 months.

Average selling price for Greater Napanee real estate was $483,842 in the last 30 days (January 21 - February 19), which is collectively $30,547 (4.8%) lower than the average asking price of $630,208. This represents a decline of $11,594 (61.2%) compared to $18,953 (2.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Greater Napanee during the last 12 months was recorded in September, 2024 with an average of $6,287 under the asking price, while the minimum occurring in April, 2024 with $30,757 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 Greater Napanee was 42.2% with 19 properties sold and 30 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 213.3% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 80.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Greater Napanee was 1,714.3% recorded in December and the lowest was in May at 19.0%. 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 19 properties that were successfully sold in Greater Napanee in the last 30 days (January 21 - February 19) was 42 days, which is 1 days less than 43 days average in the previous 30 day period (December 22 - January 20) and 13 days shorter than during the same period a year ago (55 days).

There were 20 delisted properties in Greater Napanee, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 86 days on the market. This is 64 days shorter than the average of 150 days during the previous 30 day period (December 22 - January 20) and 6 days more compared to the same period last year average of 80 days on the market.

20 Greater Napanee properties that didn't sell stayed on the market 104.8% longer than 19 that sucessfully sold over the last 30 days - 42 days when sold vs 86 days when delisted respectively.

Average Days on the Market in Greater Napanee over the past 12 months for properties that have sold was 36.5 days, with 89.1 days for those properties that did not sell.

45 new properties were listed on the market in Greater Napanee in the last 30 days (January 21 - February 19). During the same time 19 properties were sold and 20 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 6 properties (or 13.3%).

During the previous 30 day period (December 22 - January 20) there were 30 new properties listed, 64 sold and 44 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 117 new properties listed, the slowest - April with 10 new listings and a yearly average of 32 new listings per month.

There were a total of 43 homes listed during the last 30 days (January 21 - February 19), which is 95.6% of all properties listed in Greater Napanee. This is a 115.0% increase compared with a previous 30 day period (December 22 - January 20) and 330.0% up from the same period a year ago. Over the past year an average of 29 homes are were listed per month.

There were a total of 19 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Greater Napanee. This is a 69.8% decline compared with a previous 30 day period (December 22 - January 20) and 137.5% up from the same period a year ago. Over the past year an average of 107 homes are were sold per month.