Shelburne Real Estate Statistics

Shelburne real estate average sold price in the last 30 days (March 26 - April 24) was $796,147, which is $64,089 (8.0%) higher than the average price of $732,058 in the previous 30 day period (February 25 - March 25), and $69,414 (8.7%) up from the same period 1 year ago ($726,733). Shelburne real estate prices over the last 30 days are also $16,432 (2.1%) higher than the average selling price of $779,715 over the past year.

Shelburne average sold price for homes was $878,615 in the last 30 days (March 26 - April 24), which is $137,544 (15.7%) up from the average home price of $741,071 in the previous 30 day period (February 25 - March 25), and $134,365 (15.3%) higher than the same period 1 year ago ($744,250). In the last 30 days Shelburne the average home price was $75,254 (8.6%) higher than the average selling price of $803,361 over the last 12 months.

Average sold price of Shelburne townhouse was $653,560 in the last 30 days (March 26 - April 24), down $36,440 (5.6%) from the average townhome price of $690,000 over the previous 30 days (February 25 - March 25), and $3,106 (0.5%) lower than during to the same period 1 year ago ($656,666). Over the last 30 days the average townhouse price in Shelburne was $71,248 (10.9%) higher compared to the average selling price of $582,312 over the last 12 months.

Average selling price for Shelburne real estate was $796,147 in the last 30 days (March 26 - April 24), which is collectively $12,399 (1.3%) lower than the average asking price of $944,214. This represents an increase of $7,877 (38.8%) compared to $20,276 (2.3%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).

The maximum Sold Over/Under Asking ratio in Shelburne during the last 12 months was recorded in September, 2023 with an average of $11,083 over the asking price, while the minimum occurring in February, 2024 with $31,439 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 Shelburne was 40.4% with 19 properties sold and 56 new properties listed in the past 30 days (March 26 - April 24). This represents an increase from 30.4% recorded during the previous 30 day period (February 25 - March 25), and an increase from 39.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Shelburne was 137.3% recorded in July and the lowest was in September at 14.6%. 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 19 properties that were successfully sold in Shelburne in the last 30 days (March 26 - April 24) was 53 days, which is 39 days more than 14 days average in the previous 30 day period (February 25 - March 25) and 33 days longer than during the same period a year ago (20 days).

There were 40 delisted properties in Shelburne, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 45 days on the market. This is 29 days shorter than the average of 74 days during the previous 30 day period (February 25 - March 25) and 6 days more compared to the same period last year average of 39 days on the market.

40 Shelburne properties that didn't sell stayed on the market 15.1% longer than 19 that sucessfully sold over the last 30 days - 53 days when sold vs 45 days when delisted respectively.

Average Days on the Market in Shelburne over the past 12 months for properties that have sold was 30.8 days, with 62.6 days for those properties that did not sell.

47 new properties were listed on the market in Shelburne in the last 30 days (March 26 - April 24). During the same time 19 properties were sold and 40 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 12 properties (or 25.5%).

During the previous 30 day period (February 25 - March 25) there were 56 new properties listed, 17 sold and 29 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 57 new properties listed, the slowest - December with 13 new listings and a yearly average of 39 new listings per month.

There were a total of 44 homes listed during the last 30 days (March 26 - April 24), which is 93.6% of all properties listed in Shelburne. This is a 4.3% decline compared with a previous 30 day period (February 25 - March 25) and 29.4% up from the same period a year ago. Over the past year an average of 34 homes are were listed per month.

3 townhomes were listed over the last 30 days (March 26 - April 24) in Shelburne, which is 6.4% of all new real estate inventory. This is a 70.0% less than during the previous 30 day period (February 25 - March 25) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 5 a month.

There were a total of 13 homes sold during the last 30 days (March 26 - April 24), which is 68.4% of all properties sold in Shelburne. This is a 7.1% decline compared with a previous 30 day period (February 25 - March 25) and 8.3% up from the same period a year ago. Over the past year an average of 17 homes are were sold per month.

5 townhomes were sold over the last 30 days (March 26 - April 24) in Shelburne, which is 26.3% of all sold real estate. This is a 66.7% more than during the previous 30 day period (February 25 - March 25) and 66.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.