Sudbury Remote Area Real Estate Statistics

Sudbury Remote Area real estate average sold price in the last 30 days (January 21 - February 19) was $762,500, which is $534,167 (70.1%) higher than the average price of $228,333 in the previous 30 day period (December 22 - January 20), and $254,500 (33.4%) up from the same period 1 year ago ($508,000). Sudbury Remote Area real estate prices over the last 30 days are also $579,167 (76.0%) higher than the average selling price of $183,333 over the past year.

Sudbury Remote Area average sold price for homes was $762,500 in the last 30 days (January 21 - February 19), which is $534,167 (70.1%) up from the average home price of $228,333 in the previous 30 day period (December 22 - January 20), and $254,500 (33.4%) higher than the same period 1 year ago ($508,000). In the last 30 days Sudbury Remote Area the average home price was $579,167 (76.0%) higher than the average selling price of $183,333 over the last 12 months.

Average selling price for Sudbury Remote Area real estate was $762,500 in the last 30 days (January 21 - February 19), which is collectively $37,000 (3,700,000.0%) lower than the average asking price of ($1). This represents a decline of $18,734 (102.6%) compared to $18,266 (3.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Sudbury Remote Area during the last 12 months was recorded in November, 2024 with an average of $0 over the asking price, while the minimum occurring in December, 2024 with $19,950 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 Sudbury Remote Area was ∞ with 2 properties sold and 5 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 60.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 200.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Sudbury Remote Area was 40.0% recorded in January and the lowest was in November 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.

The Average Days on the Market (DOM) for 2 properties that were successfully sold in Sudbury Remote Area in the last 30 days (January 21 - February 19) was 98 days, which is 45 days more than 53 days average in the previous 30 day period (December 22 - January 20) and 90 days longer than during the same period a year ago (8 days).

There were 1 delisted properties in Sudbury Remote Area, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 200 days on the market. This is 72 days longer than the average of 128 days during the previous 30 day period (December 22 - January 20) and 108 days more compared to the same period last year average of 92 days on the market.

1 Sudbury Remote Area properties that didn't sell stayed on the market 104.1% longer than 2 that sucessfully sold over the last 30 days - 98 days when sold vs 200 days when delisted respectively.

Average Days on the Market in Sudbury Remote Area over the past 12 months for properties that have sold was 37.0 days, with 144.3 days for those properties that did not sell.

0 new properties were listed on the market in Sudbury Remote Area in the last 30 days (January 21 - February 19). During the same time 2 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or ∞).

During the previous 30 day period (December 22 - January 20) there were 5 new properties listed, 3 sold and 13 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was January with 5 new properties listed, the slowest - December with 0 new listings and a yearly average of 3 new listings per month.

There were a total of 2 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Sudbury Remote Area. This is a 33.3% decline compared with a previous 30 day period (December 22 - January 20) and 0.0% down from the same period a year ago. Over the past year an average of 2 homes are were sold per month.