Caledon Real Estate Statistics
Caledon Real Estate Price Trend
Caledon real estate average sold price in the last 30 days (October 21 - November 19) was $1,293,327, which is $7,513 (0.6%) lower than the average price of $1,300,840 in the previous 30 day period (September 21 - October 20), and $304,151 (23.5%) down from the same period 1 year ago ($1,597,478). Caledon real estate prices over the last 30 days are also $9,976 (0.8%) lower than the average selling price of $1,303,303 over the past year.
Caledon average sold price for homes was $1,357,763 in the last 30 days (October 21 - November 19), which is $25,946 (1.9%) down from the average home price of $1,383,709 in the previous 30 day period (September 21 - October 20), and $386,583 (28.5%) lower than the same period 1 year ago ($1,744,346). In the last 30 days Caledon the average home price was $43,792 (3.2%) lower than the average selling price of $1,401,555 over the last 12 months.
Average sold price of Caledon townhouse was $891,846 in the last 30 days (October 21 - November 19), down $22,954 (2.6%) from the average townhome price of $914,800 over the previous 30 days (September 21 - October 20), and $65,320 (7.3%) lower than during to the same period 1 year ago ($957,166). Over the last 30 days the average townhouse price in Caledon was $37,924 (4.3%) lower compared to the average selling price of $929,770 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Caledon real estate was $1,293,327 in the last 30 days (October 21 - November 19), which is collectively $47,855 (3.1%) lower than the average asking price of $1,559,713. This represents a decline of $10,356 (27.6%) compared to $37,499 (2.3%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Caledon during the last 12 months was recorded in May, 2024 with an average of $26,097 under the asking price, while the minimum occurring in July, 2024 with $294,155 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 Caledon was 50.5% with 94 properties sold and 209 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 40.7% recorded during the previous 30 day period (September 21 - October 20), and an increase from 29.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Caledon was 57.7% recorded in December and the lowest was in July at 29.5%. 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 94 properties that were successfully sold in Caledon in the last 30 days (October 21 - November 19) was 37 days, which is 13 days more than 24 days average in the previous 30 day period (September 21 - October 20) and 8 days longer than during the same period a year ago (29 days).
There were 160 delisted properties in Caledon, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 74 days on the market. This is 8 days shorter than the average of 82 days during the previous 30 day period (September 21 - October 20) and 22 days more compared to the same period last year average of 52 days on the market.
160 Caledon properties that didn't sell stayed on the market 100.0% longer than 94 that sucessfully sold over the last 30 days - 37 days when sold vs 74 days when delisted respectively.
Average Days on the Market in Caledon over the past 12 months for properties that have sold was 27.3 days, with 65.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
186 new properties were listed on the market in Caledon in the last 30 days (October 21 - November 19). During the same time 94 properties were sold and 160 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 68 properties (or 36.6%).
During the previous 30 day period (September 21 - October 20) there were 209 new properties listed, 85 sold and 144 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 258 new properties listed, the slowest - December with 71 new listings and a yearly average of 190 new listings per month.
New Real Estate Listings by Property Type
There were a total of 151 homes listed during the last 30 days (October 21 - November 19), which is 81.2% of all properties listed in Caledon. This is a 18.4% decline compared with a previous 30 day period (September 21 - October 20) and 7.9% up from the same period a year ago. Over the past year an average of 159 homes are were listed per month.
3 condo units were listed in the last 30 days (October 21 - November 19) in Caledon, which represents 1.6% of all new listings. This is down 25.0% from the prior 30 day period (September 21 - October 20) and 50.0% more compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
32 townhomes were listed over the last 30 days (October 21 - November 19) in Caledon, which is 17.2% of all new real estate inventory. This is a 60.0% more than during the previous 30 day period (September 21 - October 20) and 77.8% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 28 a month.
Real Estate Sales by Property Type
There were a total of 81 homes sold during the last 30 days (October 21 - November 19), which is 86.2% of all properties sold in Caledon. This is a 14.1% increase compared with a previous 30 day period (September 21 - October 20) and 107.7% up from the same period a year ago. Over the past year an average of 62 homes are were sold per month.
13 townhomes were sold over the last 30 days (October 21 - November 19) in Caledon, which is 13.8% of all sold real estate. This is a 30.0% more than during the previous 30 day period (September 21 - October 20) and 116.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 14 a month.