Shelburne Real Estate Statistics

Shelburne Real Estate Price Trend
Shelburne real estate average sold price in the last 30 days (May 27 - June 25) was $881,545, which is $11,553 (1.3 %) higher than the average price of $869,992 in the previous 30 day period (April 27 - May 26), and $159,879 (18.1 %) up from the same period 1 year ago ($721,666). Shelburne real estate prices over the last 30 days are also $115,280 (13.1 %) higher than the average selling price of $766,265 over the past year.
Shelburne average sold price for homes was $884,700 in the last 30 days (May 27 - June 25), which is $22,882 (2.6 %) up from the average home price of $861,818 in the previous 30 day period (April 27 - May 26), and $130,490 (14.7 %) higher than the same period 1 year ago ($754,210). In the last 30 days Shelburne the average home price was $96,924 (11.0 %) higher than the average selling price of $787,776 over the last 12 months.
Average sold price of Shelburne townhouse was $850,000 in the last 30 days (May 27 - June 25), down $64,950 (7.6 %) from the average townhome price of $914,950 over the previous 30 days (April 27 - May 26), and $400,000 (47.1 %) higher than during to the same period 1 year ago ($450,000). Over the last 30 days the average townhouse price in Shelburne was $223,820 (26.3 %) higher compared to the average selling price of $626,180 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Shelburne real estate was $881,545 in the last 30 days (May 27 - June 25), which is collectively $20,281 (2.2 %) lower than the average asking price of $924,244. This represents a decline of $13,905 (218.1 %) compared to $6,376 (0.6 %) Sold-Under-Asking price from the previous 30 day period (April 27 - May 26).
The maximum Sold Over/Under Asking ratio in Shelburne during the last 12 months was recorded in March, 2022 with an average of $139,460 over the asking price, while the minimum occurring in November, 2021 with $79,000 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 Shelburne was 25.6 % with 11 properties sold and 42 new properties listed in the past 30 days (May 27 - June 25). This represents a decrease from 31.0 % recorded during the previous 30 day period (April 27 - May 26), and a decrease from 91.3 % compared to the same period one year ago.
Over the the last year the highest SNLR in Shelburne was 118.2 % recorded in August and the lowest was in December at 0.0 %. 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 11 properties that were successfully sold in Shelburne in the last 30 days (May 27 - June 25) was 9 days, which is 9 days less than 18 days average in the previous 30 day period (April 27 - May 26) and 7 days shorter than during the same period a year ago (16 days).
There were 31 delisted properties in Shelburne, those that got either Expired, Suspended or Terminated over the last 30 days (May 27 - June 25) with an average of 35 days on the market. This is 9 days longer than the average of 26 days during the previous 30 day period (April 27 - May 26) and 20 days more compared to the same period last year average of 15 days on the market.
31 Shelburne properties that didn't sell stayed on the market 288.9 % longer than 11 that sucessfully sold over the last 30 days - 9 days when sold vs 35 days when delisted respectively.
Average Days on the Market in Shelburne over the past 12 months for properties that have sold was 13.1 days, with 27.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
43 new properties were listed on the market in Shelburne in the last 30 days (May 27 - June 25). During the same time 11 properties were sold and 31 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 2.3 %).
During the previous 30 day period (April 27 - May 26) there were 42 new properties listed, 13 sold and 19 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 63 new properties listed, the slowest - October with 10 new listings and a yearly average of 28 new listings per month.
New Real Estate Listings by Property Type
There were a total of 38 homes listed during the last 30 days (May 27 - June 25), which is 88.4 % of all properties listed in Shelburne. This is a 5.6 % increase compared with a previous 30 day period (April 27 - May 26) and 111.1 % up from the same period a year ago. Over the past year an average of 24 homes are were listed per month.
5 townhomes were listed over the last 30 days (May 27 - June 25) in Shelburne, which is 11.6 % of all new real estate inventory. This is a 16.7 % less than during the previous 30 day period (April 27 - May 26) and 25.0 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.
Real Estate Sales by Property Type
There were a total of 10 homes sold during the last 30 days (May 27 - June 25), which is 90.9 % of all properties sold in Shelburne. This is a 9.1 % decline compared with a previous 30 day period (April 27 - May 26) and 47.4 % down from the same period a year ago. Over the past year an average of 12 homes are were sold per month.
1 townhomes were sold over the last 30 days (May 27 - June 25) in Shelburne, which is 9.1 % of all sold real estate. This is a 50.0 % less than during the previous 30 day period (April 27 - May 26) and 0.0 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.
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