Meaford Real Estate Statistics

Meaford Real Estate Price Trend
Meaford real estate average sold price in the last 30 days (January 21 - February 19) was $656,655, which is $94,572 (14.4%) higher than the average price of $562,083 in the previous 30 day period (December 22 - January 20), and $79,055 (12.0%) up from the same period 1 year ago ($577,600). Meaford real estate prices over the last 30 days are also $154,021 (23.5%) lower than the average selling price of $810,676 over the past year.
Meaford average sold price for homes was $670,000 in the last 30 days (January 21 - February 19), which is $107,400 (16.0%) up from the average home price of $562,600 in the previous 30 day period (December 22 - January 20), and $92,400 (13.8%) higher than the same period 1 year ago ($577,600). In the last 30 days Meaford the average home price was $154,705 (23.1%) lower than the average selling price of $824,705 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Meaford real estate was $656,655 in the last 30 days (January 21 - February 19), which is collectively $41,317 (4.0%) lower than the average asking price of $1,041,752. This represents a decline of $26,284 (174.8%) compared to $15,033 (1.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Meaford during the last 12 months was recorded in December, 2024 with an average of $10,656 under the asking price, while the minimum occurring in September, 2024 with $102,225 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 Meaford was 170.6% with 29 properties sold and 21 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 28.6% recorded during the previous 30 day period (December 22 - January 20), and an increase from 62.5% compared to the same period one year ago.
Over the the last year the highest SNLR in Meaford was 2,195.7% recorded in December and the lowest was in November at 6.2%. 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 29 properties that were successfully sold in Meaford in the last 30 days (January 21 - February 19) was 58 days, which is 3 days more than 55 days average in the previous 30 day period (December 22 - January 20) and 16 days shorter than during the same period a year ago (74 days).
There were 15 delisted properties in Meaford, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 103 days on the market. This is 7 days longer than the average of 96 days during the previous 30 day period (December 22 - January 20) and 17 days more compared to the same period last year average of 86 days on the market.
15 Meaford properties that didn't sell stayed on the market 77.6% longer than 29 that sucessfully sold over the last 30 days - 58 days when sold vs 103 days when delisted respectively.
Average Days on the Market in Meaford over the past 12 months for properties that have sold was 60.4 days, with 113.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
17 new properties were listed on the market in Meaford in the last 30 days (January 21 - February 19). During the same time 29 properties were sold and 15 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 27 properties (or 158.8%).
During the previous 30 day period (December 22 - January 20) there were 21 new properties listed, 6 sold and 46 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was November with 96 new properties listed, the slowest - October with 8 new listings and a yearly average of 23 new listings per month.
New Real Estate Listings by Property Type
There were a total of 14 homes listed during the last 30 days (January 21 - February 19), which is 82.4% of all properties listed in Meaford. This is a 26.3% decline compared with a previous 30 day period (December 22 - January 20) and 180.0% up from the same period a year ago. Over the past year an average of 21 homes are were listed per month.
1 condo units were listed in the last 30 days (January 21 - February 19) in Meaford, which represents 5.9% of all new listings. This is down 0.0% from the prior 30 day period (December 22 - January 20) and 0.0% less compared to the same period last year. There were 1 condos listed per month on average during the last 12 months.
2 townhomes were listed over the last 30 days (January 21 - February 19) in Meaford, which is 11.8% of all new real estate inventory. This is a 100.0% more than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.
Real Estate Sales by Property Type
There were a total of 27 homes sold during the last 30 days (January 21 - February 19), which is 93.1% of all properties sold in Meaford. This is a 440.0% increase compared with a previous 30 day period (December 22 - January 20) and 440.0% up from the same period a year ago. Over the past year an average of 55 homes are were sold per month.
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