Shelburne Real Estate Statistics

Shelburne real estate average sold price in the last 30 days (October 21 - November 19) was $743,928, which is $93,890 (12.6%) lower than the average price of $837,818 in the previous 30 day period (September 21 - October 20), and $4,928 (0.7%) up from the same period 1 year ago ($739,000). Shelburne real estate prices over the last 30 days are also $37,367 (5.0%) lower than the average selling price of $781,295 over the past year.

Shelburne average sold price for homes was $762,916 in the last 30 days (October 21 - November 19), which is $74,902 (9.8%) down from the average home price of $837,818 in the previous 30 day period (September 21 - October 20), and $23,916 (3.1%) higher than the same period 1 year ago ($739,000). In the last 30 days Shelburne the average home price was $46,986 (6.2%) lower than the average selling price of $809,902 over the last 12 months.

Average selling price for Shelburne real estate was $743,928 in the last 30 days (October 21 - November 19), which is collectively $18,645 (2.1%) lower than the average asking price of $893,042. This represents an increase of $7,764 (29.4%) compared to $26,409 (3.1%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Shelburne during the last 12 months was recorded in December, 2023 with an average of $6,433 under 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 36.8% with 14 properties sold and 34 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 32.4% recorded during the previous 30 day period (September 21 - October 20), and an increase from 17.9% compared to the same period one year ago.

Over the the last year the highest SNLR in Shelburne was 65.2% recorded in August and the lowest was in July at 22.4%. 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 14 properties that were successfully sold in Shelburne in the last 30 days (October 21 - November 19) was 52 days, which is 32 days more than 20 days average in the previous 30 day period (September 21 - October 20) and 20 days longer than during the same period a year ago (32 days).

There were 31 delisted properties in Shelburne, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 67 days on the market. This is 31 days shorter than the average of 98 days during the previous 30 day period (September 21 - October 20) and 10 days less compared to the same period last year average of 77 days on the market.

31 Shelburne properties that didn't sell stayed on the market 28.8% longer than 14 that sucessfully sold over the last 30 days - 52 days when sold vs 67 days when delisted respectively.

Average Days on the Market in Shelburne over the past 12 months for properties that have sold was 36.2 days, with 66.8 days for those properties that did not sell.

38 new properties were listed on the market in Shelburne in the last 30 days (October 21 - November 19). During the same time 14 properties were sold and 31 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 18.4%).

During the previous 30 day period (September 21 - October 20) there were 34 new properties listed, 11 sold and 24 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 67 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 31 homes listed during the last 30 days (October 21 - November 19), which is 81.6% of all properties listed in Shelburne. This is a 14.8% increase compared with a previous 30 day period (September 21 - October 20) and 34.8% up from the same period a year ago. Over the past year an average of 34 homes are were listed per month.

7 townhomes were listed over the last 30 days (October 21 - November 19) in Shelburne, which is 18.4% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (September 21 - October 20) and 133.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.

There were a total of 12 homes sold during the last 30 days (October 21 - November 19), which is 85.7% of all properties sold in Shelburne. This is a 9.1% increase compared with a previous 30 day period (September 21 - October 20) and 140.0% up from the same period a year ago. Over the past year an average of 12 homes are were sold per month.