North Dumfries Real Estate Statistics

North Dumfries real estate average sold price in the last 30 days (January 21 - February 19) was $827,750, which is $43,321 (5.2%) lower than the average price of $871,071 in the previous 30 day period (December 22 - January 20), and $422,250 (51.0%) down from the same period 1 year ago ($1,250,000). North Dumfries real estate prices over the last 30 days are also $92,807 (11.2%) lower than the average selling price of $920,557 over the past year.

North Dumfries average sold price for homes was $827,750 in the last 30 days (January 21 - February 19), which is $43,321 (5.2%) down from the average home price of $871,071 in the previous 30 day period (December 22 - January 20), and $762,250 (92.1%) lower than the same period 1 year ago ($1,590,000). In the last 30 days North Dumfries the average home price was $174,001 (21.0%) lower than the average selling price of $1,001,751 over the last 12 months.

Average selling price for North Dumfries real estate was $827,750 in the last 30 days (January 21 - February 19), which is collectively $24,277 (2.2%) higher than the average asking price of $1,117,124. This represents an increase of $16,692 (220.1%) compared to $7,585 (0.9%) Sold-Over-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in North Dumfries during the last 12 months was recorded in May, 2024 with an average of $32,200 over the asking price, while the minimum occurring in October, 2024 with $44,855 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 North Dumfries was 50.0% with 4 properties sold and 7 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 100.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 62.5% compared to the same period one year ago.

Over the the last year the highest SNLR in North Dumfries was 455.6% recorded in December and the lowest was in July at 25.0%. 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 4 properties that were successfully sold in North Dumfries in the last 30 days (January 21 - February 19) was 19 days, which is 30 days less than 49 days average in the previous 30 day period (December 22 - January 20) and 26 days shorter than during the same period a year ago (45 days).

There were 9 delisted properties in North Dumfries, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 73 days on the market. This is 31 days shorter than the average of 104 days during the previous 30 day period (December 22 - January 20) and 28 days more compared to the same period last year average of 45 days on the market.

9 North Dumfries properties that didn't sell stayed on the market 284.2% longer than 4 that sucessfully sold over the last 30 days - 19 days when sold vs 73 days when delisted respectively.

Average Days on the Market in North Dumfries over the past 12 months for properties that have sold was 40.2 days, with 67.4 days for those properties that did not sell.

8 new properties were listed on the market in North Dumfries in the last 30 days (January 21 - February 19). During the same time 4 properties were sold and 9 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 62.5%).

During the previous 30 day period (December 22 - January 20) there were 7 new properties listed, 7 sold and 11 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 24 new properties listed, the slowest - January with 8 new listings and a yearly average of 15 new listings per month.

There were a total of 8 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in North Dumfries. This is a 33.3% increase 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 13 homes are were listed per month.

There were a total of 4 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in North Dumfries. This is a 42.9% decline compared with a previous 30 day period (December 22 - January 20) and 33.3% up from the same period a year ago. Over the past year an average of 9 homes are were sold per month.