Dutton/Dunwich Real Estate Statistics
Dutton/Dunwich Real Estate Price Trend
Dutton/Dunwich real estate average sold price in the last 30 days (April 14 - May 13) was $577,888, which is $47,722 (8.3%) higher than the average price of $530,166 in the previous 30 day period (March 15 - April 13), and $62,112 (10.7%) down from the same period 1 year ago ($640,000). Dutton/Dunwich real estate prices over the last 30 days are also $272,663 (47.2%) higher than the average selling price of $305,225 over the past year.
Dutton/Dunwich average sold price for homes was $577,888 in the last 30 days (April 14 - May 13), which is $47,722 (8.3%) up from the average home price of $530,166 in the previous 30 day period (March 15 - April 13), and $62,112 (10.7%) lower than the same period 1 year ago ($640,000). In the last 30 days Dutton/Dunwich the average home price was $272,663 (47.2%) higher than the average selling price of $305,225 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Dutton/Dunwich real estate was $577,888 in the last 30 days (April 14 - May 13), which is collectively $3,794 (0.5%) lower than the average asking price of $832,043. This represents an increase of $9,956 (72.4%) compared to $13,750 (1.4%) Sold-Under-Asking price from the previous 30 day period (March 15 - April 13).
The maximum Sold Over/Under Asking ratio in Dutton/Dunwich during the last 12 months was recorded in July, 2023 with an average of $5,500 over the asking price, while the minimum occurring in May, 2023 with $49,999 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 Dutton/Dunwich was 112.5% with 18 properties sold and 5 new properties listed in the past 30 days (April 14 - May 13). This represents a decrease from 120.0% recorded during the previous 30 day period (March 15 - April 13), and a decrease from ∞ compared to the same period one year ago.
Over the the last year the highest SNLR in Dutton/Dunwich was 33,500.0% recorded in February and the lowest was in May 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 18 properties that were successfully sold in Dutton/Dunwich in the last 30 days (April 14 - May 13) was 34 days, which is 14 days less than 48 days average in the previous 30 day period (March 15 - April 13) and 17 days shorter than during the same period a year ago (51 days).
There were 7 delisted properties in Dutton/Dunwich, those that got either Expired, Suspended or Terminated over the last 30 days (April 14 - May 13) with an average of 53 days on the market. This is 14 days shorter than the average of 67 days during the previous 30 day period (March 15 - April 13) and 58 days less compared to the same period last year average of 111 days on the market.
7 Dutton/Dunwich properties that didn't sell stayed on the market 55.9% longer than 18 that sucessfully sold over the last 30 days - 34 days when sold vs 53 days when delisted respectively.
Average Days on the Market in Dutton/Dunwich over the past 12 months for properties that have sold was 24.2 days, with 77.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
16 new properties were listed on the market in Dutton/Dunwich in the last 30 days (April 14 - May 13). During the same time 18 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 9 properties (or 56.2%).
During the previous 30 day period (March 15 - April 13) there were 5 new properties listed, 6 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 April with 8 new properties listed, the slowest - May with 0 new listings and a yearly average of 1 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 18 homes sold during the last 30 days (April 14 - May 13), which is 100.0% of all properties sold in Dutton/Dunwich. This is a 200.0% increase compared with a previous 30 day period (March 15 - April 13) and 1,700.0% up from the same period a year ago. Over the past year an average of 75 homes are were sold per month.