Hastings Highlands Real Estate Statistics

Hastings Highlands Real Estate Price Trend
Hastings Highlands real estate average sold price in the last 30 days (June 26 - July 25) was $716,666, which is $3,600 (0.5%) lower than the average price of $720,266 in the previous 30 day period (May 27 - June 25), and $548,030 (76.5%) up from the same period 1 year ago ($168,636). Hastings Highlands real estate prices over the last 30 days are also $161,378 (22.5%) higher than the average selling price of $555,288 over the past year.
Hastings Highlands average sold price for homes was $716,666 in the last 30 days (June 26 - July 25), which is $3,600 (0.5%) down from the average home price of $720,266 in the previous 30 day period (May 27 - June 25), and $548,030 (76.5%) higher than the same period 1 year ago ($168,636). In the last 30 days Hastings Highlands the average home price was $161,378 (22.5%) higher than the average selling price of $555,288 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Hastings Highlands real estate was $716,666 in the last 30 days (June 26 - July 25), which is collectively $41,333 (4.5%) lower than the average asking price of $914,509. This represents a decline of $37,638 (1,018.6%) compared to $3,695 (0.5%) Sold-Under-Asking price from the previous 30 day period (May 27 - June 25).
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 May, 2024 with $48,414 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 27.3% with 3 properties sold and 21 new properties listed in the past 30 days (June 26 - July 25). This represents a decrease from 38.1% recorded during the previous 30 day period (May 27 - June 25), and a decrease from 18,050.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Hastings Highlands was 14,920.0% recorded in July and the lowest was in March at 40.0%. 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 3 properties that were successfully sold in Hastings Highlands in the last 30 days (June 26 - July 25) was 36 days, which is 15 days more than 21 days average in the previous 30 day period (May 27 - June 25) and 28 days shorter than during the same period a year ago (64 days).
There were 10 delisted properties in Hastings Highlands, those that got either Expired, Suspended or Terminated over the last 30 days (June 26 - July 25) with an average of 88 days on the market. This is 42 days longer than the average of 46 days during the previous 30 day period (May 27 - June 25) and 42 days less compared to the same period last year average of 130 days on the market.
10 Hastings Highlands properties that didn't sell stayed on the market 144.4% longer than 3 that sucessfully sold over the last 30 days - 36 days when sold vs 88 days when delisted respectively.
Average Days on the Market in Hastings Highlands over the past 12 months for properties that have sold was 41.4 days, with 86.3 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
11 new properties were listed on the market in Hastings Highlands in the last 30 days (June 26 - July 25). During the same time 3 properties were sold and 10 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 18.2%).
During the previous 30 day period (May 27 - June 25) there were 21 new properties listed, 8 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 - December with 1 new listings and a yearly average of 7 new listings per month.
New Real Estate Listings by Property Type
There were a total of 11 homes listed during the last 30 days (June 26 - July 25), which is 100.0% of all properties listed in Hastings Highlands. This is a 47.6% decline compared with a previous 30 day period (May 27 - June 25) and 175.0% up from the same period a year ago. Over the past year an average of 7 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 (June 26 - July 25), which is 100.0% of all properties sold in Hastings Highlands. This is a 62.5% decline compared with a previous 30 day period (May 27 - June 25) and 99.6% down from the same period a year ago. Over the past year an average of 72 homes are were sold per month.
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