Hastings Highlands Real Estate Statistics
Hastings Highlands Real Estate Price Trend
Hastings Highlands real estate average sold price in the last 30 days (January 21 - February 19) was $489,666, which is $205,334 (41.9%) lower than the average price of $695,000 in the previous 30 day period (December 22 - January 20), and $158,416 (32.4%) up from the same period 1 year ago ($331,250). Hastings Highlands real estate prices over the last 30 days are also $92,036 (18.8%) lower than the average selling price of $581,702 over the past year.
Hastings Highlands average sold price for homes was $489,666 in the last 30 days (January 21 - February 19), which is $205,334 (41.9%) down from the average home price of $695,000 in the previous 30 day period (December 22 - January 20), and $158,416 (32.4%) higher than the same period 1 year ago ($331,250). In the last 30 days Hastings Highlands the average home price was $92,036 (18.8%) lower than the average selling price of $581,702 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Hastings Highlands real estate was $489,666 in the last 30 days (January 21 - February 19), which is collectively $6,666 (0.9%) higher than the average asking price of $752,833. This represents an increase of $105,166 (106.8%) compared to $98,500 (10.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Hastings Highlands during the last 12 months was recorded in June, 2024 with an average of $4,820 under the asking price, while the minimum occurring in January, 2025 with $55,666 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 Hastings Highlands was 50.0% with 3 properties sold and 3 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 66.7% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Hastings Highlands was 250.0% recorded in November and the lowest was in July at 27.3%. 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 3 properties that were successfully sold in Hastings Highlands in the last 30 days (January 21 - February 19) was 29 days, which is 37 days less than 66 days average in the previous 30 day period (December 22 - January 20) and 30 days shorter than during the same period a year ago (59 days).
There were 4 delisted properties in Hastings Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 118 days on the market. This is 47 days shorter than the average of 165 days during the previous 30 day period (December 22 - January 20) and 56 days more compared to the same period last year average of 62 days on the market.
4 Hastings Highlands properties that didn't sell stayed on the market 306.9% longer than 3 that sucessfully sold over the last 30 days - 29 days when sold vs 118 days when delisted respectively.
Average Days on the Market in Hastings Highlands over the past 12 months for properties that have sold was 48.4 days, with 94.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Hastings Highlands in the last 30 days (January 21 - February 19). During the same time 3 properties were sold and 4 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 16.7%).
During the previous 30 day period (December 22 - January 20) there were 3 new properties listed, 2 sold and 6 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 17 new properties listed, the slowest - January with 5 new listings and a yearly average of 11 new listings per month.
New Real Estate Listings by Property Type
There were a total of 6 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Hastings Highlands. This is a 100.0% increase compared with a previous 30 day period (December 22 - January 20) and 25.0% down from the same period a year ago. Over the past year an average of 11 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 3 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Hastings Highlands. This is a 50.0% increase compared with a previous 30 day period (December 22 - January 20) and 25.0% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.