Port Hope Real Estate Statistics

Port Hope real estate average sold price in the last 30 days (January 21 - February 19) was $740,000, which is $57,300 (7.7%) higher than the average price of $682,700 in the previous 30 day period (December 22 - January 20), and $60,462 (8.2%) down from the same period 1 year ago ($800,462). Port Hope real estate prices over the last 30 days are also $15,706 (2.1%) higher than the average selling price of $724,294 over the past year.

Port Hope average sold price for homes was $752,666 in the last 30 days (January 21 - February 19), which is $34,500 (4.6%) up from the average home price of $718,166 in the previous 30 day period (December 22 - January 20), and $56,660 (7.5%) lower than the same period 1 year ago ($809,326). In the last 30 days Port Hope the average home price was $3,221 (0.4%) higher than the average selling price of $749,445 over the last 12 months.

Average selling price for Port Hope real estate was $740,000 in the last 30 days (January 21 - February 19), which is collectively $11,925 (1.4%) lower than the average asking price of $869,562. This represents an increase of $503 (4.0%) compared to $12,428 (1.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Port Hope during the last 12 months was recorded in December, 2024 with an average of $2,200 over the asking price, while the minimum occurring in November, 2024 with $19,604 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 59.3% with 16 properties sold and 26 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 26.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 122.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Port Hope was 115.8% recorded in November and the lowest was in August at 30.8%. 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 16 properties that were successfully sold in Port Hope in the last 30 days (January 21 - February 19) was 65 days, which is 21 days more than 44 days average in the previous 30 day period (December 22 - January 20) and 12 days longer than during the same period a year ago (53 days).

There were 8 delisted properties in Port Hope, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 67 days on the market. This is 48 days shorter than the average of 115 days during the previous 30 day period (December 22 - January 20) and 9 days less compared to the same period last year average of 76 days on the market.

8 Port Hope properties that didn't sell stayed on the market 3.1% longer than 16 that sucessfully sold over the last 30 days - 65 days when sold vs 67 days when delisted respectively.

Average Days on the Market in Port Hope over the past 12 months for properties that have sold was 29.8 days, with 85.1 days for those properties that did not sell.

27 new properties were listed on the market in Port Hope in the last 30 days (January 21 - February 19). During the same time 16 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 11.1%).

During the previous 30 day period (December 22 - January 20) there were 26 new properties listed, 7 sold and 22 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 53 new properties listed, the slowest - December with 16 new listings and a yearly average of 38 new listings per month.

There were a total of 26 homes listed during the last 30 days (January 21 - February 19), which is 96.3% of all properties listed in Port Hope. This is a 13.0% increase compared with a previous 30 day period (December 22 - January 20) and 30.0% up from the same period a year ago. Over the past year an average of 35 homes are were listed per month.

There were a total of 15 homes sold during the last 30 days (January 21 - February 19), which is 93.8% of all properties sold in Port Hope. This is a 150.0% increase compared with a previous 30 day period (December 22 - January 20) and 42.3% down from the same period a year ago. Over the past year an average of 19 homes are were sold per month.