Centre Wellington Real Estate Statistics

Centre Wellington real estate average sold price in the last 30 days (January 21 - February 19) was $821,500, which is $389,686 (47.4%) higher than the average price of $431,814 in the previous 30 day period (December 22 - January 20), and $13,403 (1.6%) down from the same period 1 year ago ($834,903). Centre Wellington real estate prices over the last 30 days are also $37,866 (4.6%) lower than the average selling price of $859,366 over the past year.

Centre Wellington average sold price for homes was $836,913 in the last 30 days (January 21 - February 19), which is $388,710 (46.4%) up from the average home price of $448,203 in the previous 30 day period (December 22 - January 20), and $46,939 (5.6%) lower than the same period 1 year ago ($883,852). In the last 30 days Centre Wellington the average home price was $68,234 (8.2%) lower than the average selling price of $905,147 over the last 12 months.

Average sold price of Centre Wellington townhouse was $703,333 in the last 30 days (January 21 - February 19), up $454,833 (64.7%) from the average townhome price of $248,500 over the previous 30 days (December 22 - January 20), and $8,333 (1.2%) higher than during to the same period 1 year ago ($695,000). Over the last 30 days the average townhouse price in Centre Wellington was $76,172 (10.8%) higher compared to the average selling price of $627,161 over the last 12 months.

Average selling price for Centre Wellington real estate was $821,500 in the last 30 days (January 21 - February 19), which is collectively $20,137 (2.3%) lower than the average asking price of $864,148. This represents a decline of $7,378 (57.8%) compared to $12,759 (1.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Centre Wellington during the last 12 months was recorded in June, 2024 with an average of $1,432 under the asking price, while the minimum occurring in April, 2024 with $61,675 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 Centre Wellington was 49.1% with 26 properties sold and 50 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 184.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 89.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Centre Wellington was 4,615.6% recorded in December and the lowest was in November at 24.8%. 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 26 properties that were successfully sold in Centre Wellington in the last 30 days (January 21 - February 19) was 39 days, which is 10 days less than 49 days average in the previous 30 day period (December 22 - January 20) and 15 days longer than during the same period a year ago (24 days).

There were 27 delisted properties in Centre Wellington, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 96 days on the market. This is 7 days longer than the average of 89 days during the previous 30 day period (December 22 - January 20) and 21 days more compared to the same period last year average of 75 days on the market.

27 Centre Wellington properties that didn't sell stayed on the market 146.2% longer than 26 that sucessfully sold over the last 30 days - 39 days when sold vs 96 days when delisted respectively.

Average Days on the Market in Centre Wellington over the past 12 months for properties that have sold was 35.5 days, with 70.7 days for those properties that did not sell.

53 new properties were listed on the market in Centre Wellington in the last 30 days (January 21 - February 19). During the same time 26 properties were sold and 27 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 50 new properties listed, 92 sold and 63 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 121 new properties listed, the slowest - October with 18 new listings and a yearly average of 54 new listings per month.

There were a total of 31 homes listed during the last 30 days (January 21 - February 19), which is 58.5% of all properties listed in Centre Wellington. This is a 8.8% decline compared with a previous 30 day period (December 22 - January 20) and 34.8% up from the same period a year ago. Over the past year an average of 41 homes are were listed per month.

14 condo units were listed in the last 30 days (January 21 - February 19) in Centre Wellington, which represents 26.4% of all new listings. This is up 27.3% from the prior 30 day period (December 22 - January 20) and 600.0% more compared to the same period last year. There were 6 condos listed per month on average during the last 12 months.

8 townhomes were listed over the last 30 days (January 21 - February 19) in Centre Wellington, which is 15.1% of all new real estate inventory. This is a 60.0% more than during the previous 30 day period (December 22 - January 20) and 38.5% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 7 a month.

There were a total of 23 homes sold during the last 30 days (January 21 - February 19), which is 88.5% of all properties sold in Centre Wellington. This is a 72.3% decline compared with a previous 30 day period (December 22 - January 20) and 20.7% down from the same period a year ago. Over the past year an average of 280 homes are were sold per month.

3 townhomes were sold over the last 30 days (January 21 - February 19) in Centre Wellington, which is 11.5% of all sold real estate. This is a 50.0% more than during the previous 30 day period (December 22 - January 20) and 50.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 18 a month.