Wilmot Real Estate Statistics
Wilmot Real Estate Price Trend
Wilmot real estate average sold price in the last 30 days (January 21 - February 19) was $826,111, which is $137,378 (16.6%) higher than the average price of $688,733 in the previous 30 day period (December 22 - January 20), and $32,389 (3.9%) down from the same period 1 year ago ($858,500). Wilmot real estate prices over the last 30 days are also $70,203 (8.5%) lower than the average selling price of $896,314 over the past year.
Wilmot average sold price for homes was $846,875 in the last 30 days (January 21 - February 19), which is $189,150 (22.3%) up from the average home price of $657,725 in the previous 30 day period (December 22 - January 20), and $11,625 (1.4%) lower than the same period 1 year ago ($858,500). In the last 30 days Wilmot the average home price was $42,734 (5.0%) lower than the average selling price of $889,609 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Wilmot real estate was $826,111 in the last 30 days (January 21 - February 19), which is collectively $5,589 (0.6%) higher than the average asking price of $917,100. This represents an increase of $10,255 (219.8%) compared to $4,666 (0.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Wilmot during the last 12 months was recorded in July, 2024 with an average of $6,640 over the asking price, while the minimum occurring in August, 2024 with $20,337 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 Wilmot was 69.2% with 9 properties sold and 8 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 75.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Wilmot was 1,550.0% recorded in December and the lowest was in July at 33.3%. 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 9 properties that were successfully sold in Wilmot in the last 30 days (January 21 - February 19) was 26 days, which is 33 days less than 59 days average in the previous 30 day period (December 22 - January 20) and 20 days shorter than during the same period a year ago (46 days).
There were 8 delisted properties in Wilmot, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 54 days on the market. This is 25 days shorter than the average of 79 days during the previous 30 day period (December 22 - January 20) and 64 days less compared to the same period last year average of 118 days on the market.
8 Wilmot properties that didn't sell stayed on the market 107.7% longer than 9 that sucessfully sold over the last 30 days - 26 days when sold vs 54 days when delisted respectively.
Average Days on the Market in Wilmot over the past 12 months for properties that have sold was 33.8 days, with 58.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
13 new properties were listed on the market in Wilmot in the last 30 days (January 21 - February 19). During the same time 9 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 30.8%).
During the previous 30 day period (December 22 - January 20) there were 8 new properties listed, 6 sold and 5 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 15 new properties listed, the slowest - December with 2 new listings and a yearly average of 8 new listings per month.
New Real Estate Listings by Property Type
There were a total of 10 homes listed during the last 30 days (January 21 - February 19), which is 76.9% of all properties listed in Wilmot. This is a 42.9% increase compared with a previous 30 day period (December 22 - January 20) and 150.0% up from the same period a year ago. Over the past year an average of 6 homes are were listed per month.
1 townhomes were listed over the last 30 days (January 21 - February 19) in Wilmot, which is 7.7% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (January 21 - February 19), which is 88.9% of all properties sold in Wilmot. This is a 100.0% increase 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 8 homes are were sold per month.