Owen Sound Real Estate Statistics

Owen Sound real estate average sold price in the last 30 days (January 21 - February 19) was $457,570, which is $33,548 (7.3%) lower than the average price of $491,118 in the previous 30 day period (December 22 - January 20), and $98,433 (21.5%) up from the same period 1 year ago ($359,137). Owen Sound real estate prices over the last 30 days are also $54,634 (11.9%) lower than the average selling price of $512,204 over the past year.

Owen Sound average sold price for homes was $481,739 in the last 30 days (January 21 - February 19), which is $69,919 (14.5%) down from the average home price of $551,658 in the previous 30 day period (December 22 - January 20), and $132,156 (27.4%) higher than the same period 1 year ago ($349,583). In the last 30 days Owen Sound the average home price was $48,427 (10.1%) lower than the average selling price of $530,166 over the last 12 months.

Average sold price of Owen Sound townhouse was $379,900 in the last 30 days (January 21 - February 19), up $41,900 (11.0%) from the average townhome price of $338,000 over the previous 30 days (December 22 - January 20), and $7,900 (2.1%) lower than during to the same period 1 year ago ($387,800). Over the last 30 days the average townhouse price in Owen Sound was $136,114 (35.8%) higher compared to the average selling price of $243,786 over the last 12 months.

Average selling price for Owen Sound real estate was $457,570 in the last 30 days (January 21 - February 19), which is collectively $18,388 (3.5%) lower than the average asking price of $525,887. This represents a decline of $8,395 (84.0%) compared to $9,993 (1.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Owen Sound during the last 12 months was recorded in August, 2024 with an average of $2,500 under the asking price, while the minimum occurring in October, 2024 with $71,779 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 Owen Sound was 96.9% with 31 properties sold and 24 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 66.7% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 133.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Owen Sound was 5,983.0% recorded in December and the lowest was in November at 2.7%. 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 31 properties that were successfully sold in Owen Sound in the last 30 days (January 21 - February 19) was 64 days, which is 8 days less than 72 days average in the previous 30 day period (December 22 - January 20) and 17 days longer than during the same period a year ago (47 days).

There were 16 delisted properties in Owen Sound, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 79 days on the market. This is 14 days shorter than the average of 93 days during the previous 30 day period (December 22 - January 20) and 28 days less compared to the same period last year average of 107 days on the market.

16 Owen Sound properties that didn't sell stayed on the market 23.4% longer than 31 that sucessfully sold over the last 30 days - 64 days when sold vs 79 days when delisted respectively.

Average Days on the Market in Owen Sound over the past 12 months for properties that have sold was 53.4 days, with 97.0 days for those properties that did not sell.

32 new properties were listed on the market in Owen Sound in the last 30 days (January 21 - February 19). During the same time 31 properties were sold and 16 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 15 properties (or 46.9%).

During the previous 30 day period (December 22 - January 20) there were 24 new properties listed, 16 sold and 31 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 113 new properties listed, the slowest - July with 3 new listings and a yearly average of 26 new listings per month.

There were a total of 28 homes listed during the last 30 days (January 21 - February 19), which is 87.5% of all properties listed in Owen Sound. This is a 47.4% increase compared with a previous 30 day period (December 22 - January 20) and 460.0% up from the same period a year ago. Over the past year an average of 21 homes are were listed per month.

There were a total of 23 homes sold during the last 30 days (January 21 - February 19), which is 74.2% of all properties sold in Owen Sound. This is a 91.7% increase compared with a previous 30 day period (December 22 - January 20) and 283.3% up from the same period a year ago. Over the past year an average of 275 homes are were sold per month.

3 townhomes were sold over the last 30 days (January 21 - February 19) in Owen Sound, which is 9.7% of all sold real estate. This is a 200.0% 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 24 a month.