Greater Napanee Real Estate Statistics

Greater Napanee real estate average sold price in the last 30 days (March 25 - April 23) was $508,128, which is $253,300 (49.8%) lower than the average price of $761,428 in the previous 30 day period (February 24 - March 24), and $46,872 (9.2%) down from the same period 1 year ago ($555,000). Greater Napanee real estate prices over the last 30 days are also $140,248 (27.6%) lower than the average selling price of $648,376 over the past year.

Greater Napanee average sold price for homes was $508,128 in the last 30 days (March 25 - April 23), which is $253,300 (49.8%) down from the average home price of $761,428 in the previous 30 day period (February 24 - March 24), and $46,872 (9.2%) lower than the same period 1 year ago ($555,000). In the last 30 days Greater Napanee the average home price was $144,616 (28.5%) lower than the average selling price of $652,744 over the last 12 months.

Average selling price for Greater Napanee real estate was $508,128 in the last 30 days (March 25 - April 23), which is collectively $30,757 (4.5%) lower than the average asking price of $686,428. This represents an increase of $3,642 (10.6%) compared to $34,399 (4.9%) Sold-Under-Asking price from the previous 30 day period (February 24 - March 24).

The maximum Sold Over/Under Asking ratio in Greater Napanee during the last 12 months was recorded in May, 2023 with an average of $5,133 under the asking price, while the minimum occurring in September, 2023 with $105,266 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 50.0% with 7 properties sold and 11 new properties listed in the past 30 days (March 25 - April 23). This represents a decrease from 63.6% recorded during the previous 30 day period (February 24 - March 24), and an increase from 30.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Greater Napanee was 100.0% recorded in February and the lowest was in December at 25.0%. 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 7 properties that were successfully sold in Greater Napanee in the last 30 days (March 25 - April 23) was 26 days, which is 37 days less than 63 days average in the previous 30 day period (February 24 - March 24) and 9 days longer than during the same period a year ago (17 days).

There were 7 delisted properties in Greater Napanee, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 69 days on the market. This is 90 days shorter than the average of 159 days during the previous 30 day period (February 24 - March 24) and 19 days less compared to the same period last year average of 88 days on the market.

7 Greater Napanee properties that didn't sell stayed on the market 165.4% longer than 7 that sucessfully sold over the last 30 days - 26 days when sold vs 69 days when delisted respectively.

Average Days on the Market in Greater Napanee over the past 12 months for properties that have sold was 38.8 days, with 86.6 days for those properties that did not sell.

14 new properties were listed on the market in Greater Napanee in the last 30 days (March 25 - April 23). During the same time 7 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).

During the previous 30 day period (February 24 - March 24) there were 11 new properties listed, 7 sold and 8 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 19 new properties listed, the slowest - May with 5 new listings and a yearly average of 10 new listings per month.

There were a total of 14 homes listed during the last 30 days (March 25 - April 23), which is 100.0% of all properties listed in Greater Napanee. This is a 27.3% increase compared with a previous 30 day period (February 24 - March 24) and 40.0% up from the same period a year ago. Over the past year an average of 10 homes are were listed per month.

There were a total of 7 homes sold during the last 30 days (March 25 - April 23), which is 100.0% of all properties sold in Greater Napanee. This is a 0.0% decline compared with a previous 30 day period (February 24 - March 24) and 133.3% up from the same period a year ago. Over the past year an average of 5 homes are were sold per month.