South Huron Real Estate Statistics

South Huron real estate average sold price in the last 30 days (January 21 - February 19) was $620,285, which is $267,577 (43.1%) higher than the average price of $352,708 in the previous 30 day period (December 22 - January 20), and $384,447 (62.0%) up from the same period 1 year ago ($235,838). South Huron real estate prices over the last 30 days are also $145,989 (23.5%) higher than the average selling price of $474,296 over the past year.

South Huron average sold price for homes was $658,333 in the last 30 days (January 21 - February 19), which is $305,625 (46.4%) up from the average home price of $352,708 in the previous 30 day period (December 22 - January 20), and $424,792 (64.5%) higher than the same period 1 year ago ($233,541). In the last 30 days South Huron the average home price was $179,356 (27.2%) higher than the average selling price of $478,976 over the last 12 months.

Average selling price for South Huron real estate was $620,285 in the last 30 days (January 21 - February 19), which is collectively $11,042 (1.6%) lower than the average asking price of $706,371. This represents an increase of $41,566 (79.0%) compared to $52,608 (10.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in South Huron during the last 12 months was recorded in December, 2024 with an average of $10,099 under the asking price, while the minimum occurring in January, 2025 with $87,945 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 South Huron was 100.0% with 7 properties sold and 10 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 120.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from ∞ compared to the same period one year ago.

Over the the last year the highest SNLR in South Huron was 1,000.0% recorded in June and the lowest was in November at 40.0%. 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 7 properties that were successfully sold in South Huron in the last 30 days (January 21 - February 19) was 76 days, which is 4 days more than 72 days average in the previous 30 day period (December 22 - January 20) and 10 days longer than during the same period a year ago (66 days).

There were 14 delisted properties in South Huron, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 123 days on the market. This is 31 days longer than the average of 92 days during the previous 30 day period (December 22 - January 20) and 8 days more compared to the same period last year average of 115 days on the market.

14 South Huron properties that didn't sell stayed on the market 61.8% longer than 7 that sucessfully sold over the last 30 days - 76 days when sold vs 123 days when delisted respectively.

Average Days on the Market in South Huron over the past 12 months for properties that have sold was 59.4 days, with 107.1 days for those properties that did not sell.

7 new properties were listed on the market in South Huron in the last 30 days (January 21 - February 19). During the same time 7 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 14 properties (or 200.0%).

During the previous 30 day period (December 22 - January 20) there were 10 new properties listed, 12 sold and 43 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 20 new properties listed, the slowest - June with 2 new listings and a yearly average of 12 new listings per month.

There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 85.7% of all properties sold in South Huron. This is a 50.0% decline compared with a previous 30 day period (December 22 - January 20) and 99.5% down from the same period a year ago. Over the past year an average of 14 homes are were sold per month.