Middlesex Centre Real Estate Statistics

Middlesex Centre Real Estate Price Trend
Middlesex Centre real estate average sold price in the last 30 days (March 25 - April 23) was $757,384, which is $346,884 (45.8%) higher than the average price of $410,500 in the previous 30 day period (February 24 - March 24), and $7,616 (1.0%) down from the same period 1 year ago ($765,000). Middlesex Centre real estate prices over the last 30 days are also $103,850 (13.7%) higher than the average selling price of $653,534 over the past year.
Middlesex Centre average sold price for homes was $769,250 in the last 30 days (March 25 - April 23), which is $358,750 (46.6%) up from the average home price of $410,500 in the previous 30 day period (February 24 - March 24), and $4,250 (0.6%) higher than the same period 1 year ago ($765,000). In the last 30 days Middlesex Centre the average home price was $116,125 (15.1%) higher than the average selling price of $653,125 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Middlesex Centre real estate was $757,384 in the last 30 days (March 25 - April 23), which is collectively $16,853 (1.7%) lower than the average asking price of $983,175. This represents a decline of $97,453 (120.9%) compared to $80,600 (7.7%) Sold-Over-Asking price from the previous 30 day period (February 24 - March 24).
The maximum Sold Over/Under Asking ratio in Middlesex Centre during the last 12 months was recorded in March, 2024 with an average of $15,266 over the asking price, while the minimum occurring in December, 2023 with $174,000 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 Middlesex Centre was 54.2% with 13 properties sold and 8 new properties listed in the past 30 days (March 25 - April 23). This represents an increase from 12.5% recorded during the previous 30 day period (February 24 - March 24), and a decrease from 150.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Middlesex Centre was 300.0% recorded in April and the lowest was in August 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 13 properties that were successfully sold in Middlesex Centre in the last 30 days (March 25 - April 23) was 17 days, which is 10 days more than 7 days average in the previous 30 day period (February 24 - March 24) and 8 days longer than during the same period a year ago (9 days).
There were 7 delisted properties in Middlesex Centre, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 26 days on the market. This is 58 days shorter than the average of 84 days during the previous 30 day period (February 24 - March 24) and 17 days less compared to the same period last year average of 43 days on the market.
7 Middlesex Centre properties that didn't sell stayed on the market 52.9% longer than 13 that sucessfully sold over the last 30 days - 17 days when sold vs 26 days when delisted respectively.
Average Days on the Market in Middlesex Centre over the past 12 months for properties that have sold was 32.5 days, with 71.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
24 new properties were listed on the market in Middlesex Centre in the last 30 days (March 25 - April 23). During the same time 13 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 16.7%).
During the previous 30 day period (February 24 - March 24) there were 8 new properties listed, 1 sold and 2 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 6 new properties listed, the slowest - January with 0 new listings and a yearly average of 2 new listings per month.
New Real Estate Listings by Property Type
There were a total of 23 homes listed during the last 30 days (March 25 - April 23), which is 95.8% of all properties listed in Middlesex Centre. This is a 187.5% increase compared with a previous 30 day period (February 24 - March 24) and 2,200.0% up from the same period a year ago. Over the past year an average of 2 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 12 homes sold during the last 30 days (March 25 - April 23), which is 92.3% of all properties sold in Middlesex Centre. This is a 1,100.0% increase compared with a previous 30 day period (February 24 - March 24) and 300.0% up from the same period a year ago. Over the past year an average of 1 homes are were sold per month.
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