Parry Sound Real Estate Statistics

Parry Sound real estate average sold price in the last 30 days (January 21 - February 19) was $484,000, which is $128,286 (26.5%) higher than the average price of $355,714 in the previous 30 day period (December 22 - January 20), and $118,500 (24.5%) down from the same period 1 year ago ($602,500). Parry Sound real estate prices over the last 30 days are also $245,326 (50.7%) lower than the average selling price of $729,326 over the past year.

Parry Sound average sold price for homes was $515,333 in the last 30 days (January 21 - February 19), which is $217,000 (42.1%) up from the average home price of $298,333 in the previous 30 day period (December 22 - January 20), and $87,167 (16.9%) lower than the same period 1 year ago ($602,500). In the last 30 days Parry Sound the average home price was $258,836 (50.2%) lower than the average selling price of $774,169 over the last 12 months.

Average selling price for Parry Sound real estate was $484,000 in the last 30 days (January 21 - February 19), which is collectively $25,225 (3.9%) lower than the average asking price of $648,083. This represents an increase of $4,597 (15.4%) compared to $29,822 (5.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Parry Sound during the last 12 months was recorded in April, 2024 with an average of $1,335,060 over the asking price, while the minimum occurring in July, 2024 with $93,000 below the asking price.

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 Parry Sound was 66.7% with 4 properties sold and 8 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 87.5% recorded during the previous 30 day period (December 22 - January 20), and an increase from 25.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Parry Sound was 1,036.4% recorded in December and the lowest was in November at 8.3%. 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.

The Average Days on the Market (DOM) for 4 properties that were successfully sold in Parry Sound in the last 30 days (January 21 - February 19) was 57 days, which is 49 days less than 106 days average in the previous 30 day period (December 22 - January 20) and 22 days longer than during the same period a year ago (35 days).

There were 2 delisted properties in Parry Sound, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 138 days on the market. This is 29 days longer than the average of 109 days during the previous 30 day period (December 22 - January 20) and 17 days less compared to the same period last year average of 155 days on the market.

2 Parry Sound properties that didn't sell stayed on the market 142.1% longer than 4 that sucessfully sold over the last 30 days - 57 days when sold vs 138 days when delisted respectively.

Average Days on the Market in Parry Sound over the past 12 months for properties that have sold was 56.3 days, with 82.3 days for those properties that did not sell.

6 new properties were listed on the market in Parry Sound in the last 30 days (January 21 - February 19). During the same time 4 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).

During the previous 30 day period (December 22 - January 20) there were 8 new properties listed, 7 sold and 8 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 12 new properties listed, the slowest - April with 2 new listings and a yearly average of 7 new listings per month.

There were a total of 3 homes listed during the last 30 days (January 21 - February 19), which is 50.0% of all properties listed in Parry Sound. This is a 50.0% decline compared with a previous 30 day period (December 22 - January 20) and 50.0% down from the same period a year ago. Over the past year an average of 5 homes are were listed per month.

3 condo units were listed in the last 30 days (January 21 - February 19) in Parry Sound, which represents 50.0% of all new listings. This is up 50.0% from the prior 30 day period (December 22 - January 20) and 50.0% more compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.

There were a total of 3 homes sold during the last 30 days (January 21 - February 19), which is 75.0% of all properties sold in Parry Sound. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 50.0% up from the same period a year ago. Over the past year an average of 13 homes are were sold per month.