Port Hope Real Estate Statistics

Port Hope real estate average sold price in the last 30 days (March 25 - April 23) was $693,013, which is $56,275 (8.1%) lower than the average price of $749,288 in the previous 30 day period (February 24 - March 24), and $142,549 (20.6%) down from the same period 1 year ago ($835,562). Port Hope real estate prices over the last 30 days are also $8,335 (1.2%) lower than the average selling price of $701,348 over the past year.

Port Hope average sold price for homes was $721,605 in the last 30 days (March 25 - April 23), which is $82,145 (11.4%) down from the average home price of $803,750 in the previous 30 day period (February 24 - March 24), and $165,670 (23.0%) lower than the same period 1 year ago ($887,275). In the last 30 days Port Hope the average home price was $3,942 (0.5%) higher than the average selling price of $717,663 over the last 12 months.

Average Port Hope condo sold price over the last 30 days (March 25 - April 23) was $537,500. During this period it was $13,000 (2.4%) up from the average price of condo of $524,500 during the previous 30 days (February 24 - March 24), and $72,000 (13.4%) lower compared to the same period 1 year ago ($609,500). In the last 30 days Port Hope the average condo price was $260,972 (48.6%) higher than the average selling price of $276,528 over the last year.

Average sold price of Port Hope townhouse was $375,000 in the last 30 days (March 25 - April 23), down $0 (0.0%) from the average townhome price of $375,000 over the previous 30 days (February 24 - March 24), and $169,500 (45.2%) lower than during to the same period 1 year ago ($544,500). Over the last 30 days the average townhouse price in Port Hope was $73,414 (19.6%) lower compared to the average selling price of $448,414 over the last 12 months.

Average selling price for Port Hope real estate was $693,013 in the last 30 days (March 25 - April 23), which is collectively $7,108 (0.8%) lower than the average asking price of $858,765. This represents a decline of $12,327 (236.2%) compared to $5,219 (0.7%) Sold-Over-Asking price from the previous 30 day period (February 24 - March 24).

The maximum Sold Over/Under Asking ratio in Port Hope during the last 12 months was recorded in March, 2024 with an average of $4,703 over the asking price, while the minimum occurring in January, 2024 with $29,947 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 Port Hope was 65.8% with 25 properties sold and 39 new properties listed in the past 30 days (March 25 - April 23). This represents a decrease from 66.7% recorded during the previous 30 day period (February 24 - March 24), and a decrease from 100.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Port Hope was 1,381.5% recorded in July and the lowest was in November at 25.7%. 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.

The Average Days on the Market (DOM) for 25 properties that were successfully sold in Port Hope in the last 30 days (March 25 - April 23) was 41 days, which is 19 days more than 22 days average in the previous 30 day period (February 24 - March 24) and 25 days longer than during the same period a year ago (16 days).

There were 11 delisted properties in Port Hope, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 116 days on the market. This is 1 days longer than the average of 115 days during the previous 30 day period (February 24 - March 24) and 59 days more compared to the same period last year average of 57 days on the market.

11 Port Hope properties that didn't sell stayed on the market 182.9% longer than 25 that sucessfully sold over the last 30 days - 41 days when sold vs 116 days when delisted respectively.

Average Days on the Market in Port Hope over the past 12 months for properties that have sold was 29.3 days, with 67.1 days for those properties that did not sell.

38 new properties were listed on the market in Port Hope in the last 30 days (March 25 - April 23). During the same time 25 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 5.3%).

During the previous 30 day period (February 24 - March 24) there were 39 new properties listed, 26 sold and 14 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 45 new properties listed, the slowest - December with 8 new listings and a yearly average of 32 new listings per month.

There were a total of 34 homes listed during the last 30 days (March 25 - April 23), which is 89.5% of all properties listed in Port Hope. This is a 2.9% decline compared with a previous 30 day period (February 24 - March 24) and 54.5% up from the same period a year ago. Over the past year an average of 29 homes are were listed per month.

3 condo units were listed in the last 30 days (March 25 - April 23) in Port Hope, which represents 7.9% of all new listings. This is up 200.0% from the prior 30 day period (February 24 - March 24) and 50.0% more compared to the same period last year. There were 1 condos listed per month on average during the last 12 months.

There were a total of 22 homes sold during the last 30 days (March 25 - April 23), which is 88.0% of all properties sold in Port Hope. This is a 0.0% decline compared with a previous 30 day period (February 24 - March 24) and 10.0% up from the same period a year ago. Over the past year an average of 70 homes are were sold per month.

2 condo units were sold in the last 30 days (March 25 - April 23) in Port Hope, which represents 8.0% of all sold properties. This is down 0.0% from the prior 30 day period (February 24 - March 24) and 0.0% less compared to the same period last year. There were 1 condos sold per month on average during the last 12 months.

1 townhomes were sold over the last 30 days (March 25 - April 23) in Port Hope, which is 4.0% of all sold real estate. This is a 50.0% less than during the previous 30 day period (February 24 - March 24) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 6 a month.