Amherstburg Real Estate Statistics

Amherstburg real estate average sold price in the last 30 days (March 28 - April 26) was $540,000, which is $10,000 (1.9%) lower than the average price of $550,000 in the previous 30 day period (February 27 - March 27), and $212,000 (39.3%) down from the same period 1 year ago ($752,000). Amherstburg real estate prices over the last 30 days are also $257,619 (47.7%) higher than the average selling price of $282,381 over the past year.

Average selling price for Amherstburg real estate was $540,000 in the last 30 days (March 28 - April 26), which is collectively $40,100 (4.2%) higher than the average asking price of $946,947. This represents an increase of $40,000 (40,000.0%) compared to $100 (0.0%) Sold-Over-Asking price from the previous 30 day period (February 27 - March 27).

The maximum Sold Over/Under Asking ratio in Amherstburg during the last 12 months was recorded in June, 2023 with an average of $68,471 over the asking price, while the minimum occurring in April, 2023 with $47,900 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 Amherstburg was 25.0% with 1 properties sold and 6 new properties listed in the past 30 days (March 28 - April 26). This represents an increase from 16.7% recorded during the previous 30 day period (February 27 - March 27), and an increase from 20.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Amherstburg was 133.3% recorded in February and the lowest was in May 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.

The Average Days on the Market (DOM) for 1 properties that were successfully sold in Amherstburg in the last 30 days (March 28 - April 26) was 13 days, which is 11 days more than 2 days average in the previous 30 day period (February 27 - March 27) and 10 days longer than during the same period a year ago (3 days).

There were 7 delisted properties in Amherstburg, those that got either Expired, Suspended or Terminated over the last 30 days (March 28 - April 26) with an average of 112 days on the market. This is 64 days longer than the average of 48 days during the previous 30 day period (February 27 - March 27) and 32 days more compared to the same period last year average of 80 days on the market.

7 Amherstburg properties that didn't sell stayed on the market 761.5% longer than 1 that sucessfully sold over the last 30 days - 13 days when sold vs 112 days when delisted respectively.

Average Days on the Market in Amherstburg over the past 12 months for properties that have sold was 7.5 days, with 63.4 days for those properties that did not sell.

4 new properties were listed on the market in Amherstburg in the last 30 days (March 28 - April 26). During the same time 1 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 100.0%).

During the previous 30 day period (February 27 - March 27) there were 6 new properties listed, 1 sold and 2 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 7 new properties listed, the slowest - August with 1 new listings and a yearly average of 3 new listings per month.

There were a total of 2 homes listed during the last 30 days (March 28 - April 26), which is 50.0% of all properties listed in Amherstburg. This is a 66.7% decline compared with a previous 30 day period (February 27 - March 27) and 50.0% down from the same period a year ago. Over the past year an average of 3 homes are were listed per month.