Goderich Real Estate Statistics
Goderich Real Estate Price Trend
Goderich real estate average sold price in the last 30 days (January 21 - February 19) was $531,722, which is $13,528 (2.5%) lower than the average price of $545,250 in the previous 30 day period (December 22 - January 20), and $248,180 (46.7%) up from the same period 1 year ago ($283,542). Goderich real estate prices over the last 30 days are also $31,509 (5.9%) lower than the average selling price of $563,231 over the past year.
Goderich average sold price for homes was $531,722 in the last 30 days (January 21 - February 19), which is $8,611 (1.6%) down from the average home price of $540,333 in the previous 30 day period (December 22 - January 20), and $253,335 (47.6%) higher than the same period 1 year ago ($278,387). In the last 30 days Goderich the average home price was $28,464 (5.4%) lower than the average selling price of $560,186 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Goderich real estate was $531,722 in the last 30 days (January 21 - February 19), which is collectively $13,111 (2.4%) lower than the average asking price of $552,450. This represents an increase of $43,814 (77.0%) compared to $56,925 (11.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Goderich during the last 12 months was recorded in July, 2024 with an average of $0 over the asking price, while the minimum occurring in November, 2024 with $15,000 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 Goderich was 450.0% with 9 properties sold and 2 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 200.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 5,100.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Goderich was 2,925.0% recorded in December and the lowest was in July 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 9 properties that were successfully sold in Goderich in the last 30 days (January 21 - February 19) was 206 days, which is 175 days more than 31 days average in the previous 30 day period (December 22 - January 20) and 164 days longer than during the same period a year ago (42 days).
There were 6 delisted properties in Goderich, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 86 days on the market. This is 60 days shorter than the average of 146 days during the previous 30 day period (December 22 - January 20) and 3 days more compared to the same period last year average of 83 days on the market.
6 Goderich properties that didn't sell stayed on the market 58.3% longer than 9 that sucessfully sold over the last 30 days - 206 days when sold vs 86 days when delisted respectively.
Average Days on the Market in Goderich over the past 12 months for properties that have sold was 64.9 days, with 96.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
2 new properties were listed on the market in Goderich in the last 30 days (January 21 - February 19). During the same time 9 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 13 properties (or 650.0%).
During the previous 30 day period (December 22 - January 20) there were 2 new properties listed, 4 sold and 14 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was November with 6 new properties listed, the slowest - July with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
There were a total of 2 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Goderich. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 100.0% 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 9 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Goderich. This is a 200.0% increase compared with a previous 30 day period (December 22 - January 20) and 81.6% down from the same period a year ago. Over the past year an average of 17 homes are were sold per month.