Stone Mills Real Estate Statistics

Stone Mills Real Estate Price Trend
Stone Mills real estate average sold price in the last 30 days (January 21 - February 19) was $640,000, which is $61,625 (9.6%) higher than the average price of $578,375 in the previous 30 day period (December 22 - January 20), and $134,500 (21.0%) down from the same period 1 year ago ($774,500). Stone Mills real estate prices over the last 30 days are also $84,257 (13.2%) higher than the average selling price of $555,743 over the past year.
Stone Mills average sold price for homes was $640,000 in the last 30 days (January 21 - February 19), which is $61,625 (9.6%) up from the average home price of $578,375 in the previous 30 day period (December 22 - January 20), and $134,500 (21.0%) lower than the same period 1 year ago ($774,500). In the last 30 days Stone Mills the average home price was $84,257 (13.2%) higher than the average selling price of $555,743 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Stone Mills real estate was $640,000 in the last 30 days (January 21 - February 19), which is collectively $21,937 (3.5%) lower than the average asking price of $635,200. This represents a decline of $3,419 (18.5%) compared to $18,518 (1.5%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Stone Mills during the last 12 months was recorded in October, 2024 with an average of $7,174 under the asking price, while the minimum occurring in January, 2025 with $20,439 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 Stone Mills was 57.1% with 8 properties sold and 9 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 355.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 100.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Stone Mills was 1,800.0% recorded in December and the lowest was in June at 16.7%. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 8 properties that were successfully sold in Stone Mills in the last 30 days (January 21 - February 19) was 28 days, which is 12 days less than 40 days average in the previous 30 day period (December 22 - January 20) and 9 days longer than during the same period a year ago (19 days).
There were 6 delisted properties in Stone Mills, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 70 days on the market. This is 35 days shorter than the average of 105 days during the previous 30 day period (December 22 - January 20) and 27 days less compared to the same period last year average of 97 days on the market.
6 Stone Mills properties that didn't sell stayed on the market 150.0% longer than 8 that sucessfully sold over the last 30 days - 28 days when sold vs 70 days when delisted respectively.
Average Days on the Market in Stone Mills over the past 12 months for properties that have sold was 36.6 days, with 83.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
14 new properties were listed on the market in Stone Mills in the last 30 days (January 21 - February 19). During the same time 8 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).
During the previous 30 day period (December 22 - January 20) there were 9 new properties listed, 32 sold and 7 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 40 new properties listed, the slowest - September with 1 new listings and a yearly average of 12 new listings per month.
New Real Estate Listings by Property Type
There were a total of 14 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Stone Mills. This is a 55.6% increase compared with a previous 30 day period (December 22 - January 20) and 600.0% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Stone Mills. This is a 75.0% decline compared with a previous 30 day period (December 22 - January 20) and 300.0% up from the same period a year ago. Over the past year an average of 76 homes are were sold per month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1464728393