Gravenhurst Real Estate Statistics

Gravenhurst Real Estate Price Trend
Gravenhurst real estate average sold price in the last 30 days (June 5 - July 4) was $804,980, which is $357,797 (44.4 %) lower than the average price of $1,162,777 in the previous 30 day period (May 6 - June 4), and $95,356 (11.8 %) up from the same period 1 year ago ($709,624). Gravenhurst real estate prices over the last 30 days are also $30,630 (3.8 %) lower than the average selling price of $835,610 over the past year.
Gravenhurst average sold price for homes was $893,725 in the last 30 days (June 5 - July 4), which is $269,052 (30.1 %) down from the average home price of $1,162,777 in the previous 30 day period (May 6 - June 4), and $139,155 (15.6 %) higher than the same period 1 year ago ($754,570). In the last 30 days Gravenhurst the average home price was $28,834 (3.2 %) higher than the average selling price of $864,891 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Gravenhurst real estate was $804,980 in the last 30 days (June 5 - July 4), which is collectively $4,380 (0.4 %) lower than the average asking price of $1,210,475. This represents a decline of $18,602 (130.8 %) compared to $14,222 (1.1 %) Sold-Over-Asking price from the previous 30 day period (May 6 - June 4).
The maximum Sold Over/Under Asking ratio in Gravenhurst during the last 12 months was recorded in April, 2022 with an average of $154,910 over the asking price, while the minimum occurring in February, 2022 with $22,937 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 Gravenhurst was 41.7 % with 5 properties sold and 23 new properties listed in the past 30 days (June 5 - July 4). This represents an increase from 39.1 % recorded during the previous 30 day period (May 6 - June 4), and a decrease from 100.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Gravenhurst was 160.0 % recorded in February and the lowest was in December 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 5 properties that were successfully sold in Gravenhurst in the last 30 days (June 5 - July 4) was 9 days, which is 12 days less than 21 days average in the previous 30 day period (May 6 - June 4) and 13 days shorter than during the same period a year ago (22 days).
There were 11 delisted properties in Gravenhurst, those that got either Expired, Suspended or Terminated over the last 30 days (June 5 - July 4) with an average of 65 days on the market. This is 52 days longer than the average of 13 days during the previous 30 day period (May 6 - June 4) and 29 days more compared to the same period last year average of 36 days on the market.
11 Gravenhurst properties that didn't sell stayed on the market 622.2 % longer than 5 that sucessfully sold over the last 30 days - 9 days when sold vs 65 days when delisted respectively.
Average Days on the Market in Gravenhurst over the past 12 months for properties that have sold was 16.3 days, with 59.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
12 new properties were listed on the market in Gravenhurst in the last 30 days (June 5 - July 4). During the same time 5 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 33.3 %).
During the previous 30 day period (May 6 - June 4) there were 23 new properties listed, 9 sold and 6 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 21 new properties listed, the slowest - November with 4 new listings and a yearly average of 9 new listings per month.
New Real Estate Listings by Property Type
There were a total of 10 homes listed during the last 30 days (June 5 - July 4), which is 83.3 % of all properties listed in Gravenhurst. This is a 33.3 % decline compared with a previous 30 day period (May 6 - June 4) and 42.9 % up from the same period a year ago. Over the past year an average of 7 homes are were listed per month.
2 condo units were listed in the last 30 days (June 5 - July 4) in Gravenhurst, which represents 16.7 % of all new listings. This is down 60.0 % from the prior 30 day period (May 6 - June 4) and 100.0 % more compared to the same period last year. There were 1 condos listed per month on average during the last 12 months.
Real Estate Sales by Property Type
There were a total of 4 homes sold during the last 30 days (June 5 - July 4), which is 80.0 % of all properties sold in Gravenhurst. This is a 55.6 % decline compared with a previous 30 day period (May 6 - June 4) and 42.9 % down from the same period a year ago. Over the past year an average of 5 homes are were sold per month.
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