Southwest Middlesex Real Estate Statistics

Southwest Middlesex real estate average sold price in the last 30 days (January 21 - February 19) was $618,000, which is $76,000 (12.3%) higher than the average price of $542,000 in the previous 30 day period (December 22 - January 20), and $428,810 (69.4%) up from the same period 1 year ago ($189,190). Southwest Middlesex real estate prices over the last 30 days are also $90,506 (14.6%) higher than the average selling price of $527,494 over the past year.

Southwest Middlesex average sold price for homes was $618,000 in the last 30 days (January 21 - February 19), which is $50,778 (8.2%) up from the average home price of $567,222 in the previous 30 day period (December 22 - January 20), and $428,776 (69.4%) higher than the same period 1 year ago ($189,224). In the last 30 days Southwest Middlesex the average home price was $79,466 (12.9%) higher than the average selling price of $538,534 over the last 12 months.

Average selling price for Southwest Middlesex real estate was $618,000 in the last 30 days (January 21 - February 19), which is collectively $12,300 (2.1%) lower than the average asking price of $597,577. This represents an increase of $12,349 (50.1%) compared to $24,649 (3.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Southwest Middlesex during the last 12 months was recorded in August, 2024 with an average of $60 over the asking price, while the minimum occurring in December, 2024 with $44,881 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 Southwest Middlesex was 66.7% with 6 properties sold and 18 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 55.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 42,266.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Southwest Middlesex was 600.0% recorded in December and the lowest was in September at 5.3%. 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 6 properties that were successfully sold in Southwest Middlesex in the last 30 days (January 21 - February 19) was 41 days, which is 7 days more than 34 days average in the previous 30 day period (December 22 - January 20) and 2 days longer than during the same period a year ago (39 days).

There were 10 delisted properties in Southwest Middlesex, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 69 days on the market. This is 75 days shorter than the average of 144 days during the previous 30 day period (December 22 - January 20) and 39 days less compared to the same period last year average of 108 days on the market.

10 Southwest Middlesex properties that didn't sell stayed on the market 68.3% longer than 6 that sucessfully sold over the last 30 days - 41 days when sold vs 69 days when delisted respectively.

Average Days on the Market in Southwest Middlesex over the past 12 months for properties that have sold was 37.5 days, with 104.1 days for those properties that did not sell.

9 new properties were listed on the market in Southwest Middlesex in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 10 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 77.8%).

During the previous 30 day period (December 22 - January 20) there were 18 new properties listed, 10 sold and 26 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was January with 22 new properties listed, the slowest - December with 1 new listings and a yearly average of 12 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 Southwest Middlesex. This is a 50.0% decline compared with a previous 30 day period (December 22 - January 20) and 200.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Southwest Middlesex. This is a 33.3% decline compared with a previous 30 day period (December 22 - January 20) and 99.5% down from the same period a year ago. Over the past year an average of 8 homes are were sold per month.