North Middlesex Real Estate Statistics

North Middlesex real estate average sold price in the last 30 days (April 14 - May 13) was $673,933, which is $116,367 (17.3%) higher than the average price of $557,566 in the previous 30 day period (March 15 - April 13), and $41,067 (6.1%) down from the same period 1 year ago ($715,000). North Middlesex real estate prices over the last 30 days are also $566,104 (84.0%) higher than the average selling price of $107,829 over the past year.

North Middlesex average sold price for homes was $673,933 in the last 30 days (April 14 - May 13), which is $116,367 (17.3%) up from the average home price of $557,566 in the previous 30 day period (March 15 - April 13), and $41,067 (6.1%) lower than the same period 1 year ago ($715,000). In the last 30 days North Middlesex the average home price was $566,039 (84.0%) higher than the average selling price of $107,894 over the last 12 months.

Average selling price for North Middlesex real estate was $673,933 in the last 30 days (April 14 - May 13), which is collectively $37,979 (4.1%) lower than the average asking price of $915,430. This represents a decline of $11,596 (44.0%) compared to $26,383 (3.0%) Sold-Under-Asking price from the previous 30 day period (March 15 - April 13).

The maximum Sold Over/Under Asking ratio in North Middlesex during the last 12 months was recorded in May, 2023 with an average of $0 over the asking price, while the minimum occurring in April, 2024 with $42,152 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 North Middlesex was 57.7% with 15 properties sold and 5 new properties listed in the past 30 days (April 14 - May 13). This represents a decrease from 120.0% recorded during the previous 30 day period (March 15 - April 13), and a decrease from 200.0% compared to the same period one year ago.

Over the the last year the highest SNLR in North Middlesex was 6,760.0% 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 15 properties that were successfully sold in North Middlesex in the last 30 days (April 14 - May 13) was 43 days, which is 3 days more than 40 days average in the previous 30 day period (March 15 - April 13) and 3 days shorter than during the same period a year ago (46 days).

There were 32 delisted properties in North Middlesex, those that got either Expired, Suspended or Terminated over the last 30 days (April 14 - May 13) with an average of 88 days on the market. This is 9 days longer than the average of 79 days during the previous 30 day period (March 15 - April 13) and 88 days more compared to the same period last year average of 0 days on the market.

32 North Middlesex properties that didn't sell stayed on the market 104.7% longer than 15 that sucessfully sold over the last 30 days - 43 days when sold vs 88 days when delisted respectively.

Average Days on the Market in North Middlesex over the past 12 months for properties that have sold was 10.8 days, with 74.5 days for those properties that did not sell.

26 new properties were listed on the market in North Middlesex in the last 30 days (April 14 - May 13). During the same time 15 properties were sold and 32 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 21 properties (or 80.8%).

During the previous 30 day period (March 15 - April 13) there were 5 new properties listed, 6 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 April with 16 new properties listed, the slowest - July with 0 new listings and a yearly average of 3 new listings per month.

There were a total of 26 homes listed during the last 30 days (April 14 - May 13), which is 100.0% of all properties listed in North Middlesex. This is a 420.0% increase compared with a previous 30 day period (March 15 - April 13) and 2,500.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.

There were a total of 15 homes sold during the last 30 days (April 14 - May 13), which is 100.0% of all properties sold in North Middlesex. This is a 150.0% increase compared with a previous 30 day period (March 15 - April 13) and 650.0% up from the same period a year ago. Over the past year an average of 82 homes are were sold per month.