North Middlesex Real Estate Statistics

North Middlesex Real Estate Price Trend
North Middlesex real estate average sold price in the last 30 days (January 21 - February 19) was $689,950, which is $141,384 (20.5%) higher than the average price of $548,566 in the previous 30 day period (December 22 - January 20), and $457,338 (66.3%) up from the same period 1 year ago ($232,612). North Middlesex real estate prices over the last 30 days are also $23,243 (3.4%) higher than the average selling price of $666,707 over the past year.
North Middlesex average sold price for homes was $689,950 in the last 30 days (January 21 - February 19), which is $141,384 (20.5%) up from the average home price of $548,566 in the previous 30 day period (December 22 - January 20), and $457,577 (66.3%) higher than the same period 1 year ago ($232,373). In the last 30 days North Middlesex the average home price was $20,005 (2.9%) higher than the average selling price of $669,945 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North Middlesex real estate was $689,950 in the last 30 days (January 21 - February 19), which is collectively $4,500 (0.6%) lower than the average asking price of $703,045. This represents an increase of $61,479 (93.2%) compared to $65,979 (9.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in North Middlesex during the last 12 months was recorded in July, 2024 with an average of $5,299 under the asking price, while the minimum occurring in January, 2025 with $60,378 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 North Middlesex was 18.2% with 2 properties sold and 15 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 100.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 17,540.0% compared to the same period one year ago.
Over the the last year the highest SNLR in North Middlesex was 200.0% recorded in June and the lowest was in October at 36.4%. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 2 properties that were successfully sold in North Middlesex in the last 30 days (January 21 - February 19) was 22 days, which is 73 days less than 95 days average in the previous 30 day period (December 22 - January 20) and 20 days shorter than during the same period a year ago (42 days).
There were 11 delisted properties in North Middlesex, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 100 days on the market. This is 83 days shorter than the average of 183 days during the previous 30 day period (December 22 - January 20) and 1281 days more compared to the same period last year average of -1181 days on the market.
11 North Middlesex properties that didn't sell stayed on the market 354.5% longer than 2 that sucessfully sold over the last 30 days - 22 days when sold vs 100 days when delisted respectively.
Average Days on the Market in North Middlesex over the past 12 months for properties that have sold was 71.0 days, with 111.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
11 new properties were listed on the market in North Middlesex in the last 30 days (January 21 - February 19). During the same time 2 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 18.2%).
During the previous 30 day period (December 22 - January 20) there were 15 new properties listed, 15 sold and 29 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 22 new properties listed, the slowest - June with 5 new listings and a yearly average of 13 new listings per month.
New Real Estate Listings by Property Type
There were a total of 10 homes listed during the last 30 days (January 21 - February 19), which is 90.9% of all properties listed in North Middlesex. This is a 33.3% decline compared with a previous 30 day period (December 22 - January 20) and 100.0% 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 2 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in North Middlesex. This is a 86.7% decline compared with a previous 30 day period (December 22 - January 20) and 99.8% down from the same period a year ago. Over the past year an average of 12 homes are were sold per month.
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