Tweed Real Estate Statistics

Tweed real estate average sold price in the last 30 days (March 26 - April 24) was $736,600, which is $294,458 (40.0%) higher than the average price of $442,142 in the previous 30 day period (February 25 - March 25), and $250,600 (34.0%) up from the same period 1 year ago ($486,000). Tweed real estate prices over the last 30 days are also $281,643 (38.2%) higher than the average selling price of $454,957 over the past year.

Tweed average sold price for homes was $736,600 in the last 30 days (March 26 - April 24), which is $294,458 (40.0%) up from the average home price of $442,142 in the previous 30 day period (February 25 - March 25), and $250,600 (34.0%) higher than the same period 1 year ago ($486,000). In the last 30 days Tweed the average home price was $270,825 (36.8%) higher than the average selling price of $465,775 over the last 12 months.

Average selling price for Tweed real estate was $736,600 in the last 30 days (March 26 - April 24), which is collectively $28,700 (4.6%) lower than the average asking price of $624,205. This represents a decline of $15,229 (113.1%) compared to $13,471 (2.3%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).

The maximum Sold Over/Under Asking ratio in Tweed during the last 12 months was recorded in April, 2023 with an average of $17,000 over the asking price, while the minimum occurring in January, 2024 with $21,666 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 Tweed was 29.4% with 5 properties sold and 15 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from 46.7% recorded during the previous 30 day period (February 25 - March 25), and a decrease from 40.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Tweed was 3,821.7% recorded in July and the lowest was in May at 25.0%. 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 5 properties that were successfully sold in Tweed in the last 30 days (March 26 - April 24) was 77 days, which is 52 days more than 25 days average in the previous 30 day period (February 25 - March 25) and 29 days longer than during the same period a year ago (48 days).

There were 3 delisted properties in Tweed, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 111 days on the market. This is 48 days shorter than the average of 159 days during the previous 30 day period (February 25 - March 25) and 30 days more compared to the same period last year average of 81 days on the market.

3 Tweed properties that didn't sell stayed on the market 44.2% longer than 5 that sucessfully sold over the last 30 days - 77 days when sold vs 111 days when delisted respectively.

Average Days on the Market in Tweed over the past 12 months for properties that have sold was 37.8 days, with 89.1 days for those properties that did not sell.

17 new properties were listed on the market in Tweed in the last 30 days (March 26 - April 24). During the same time 5 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 9 properties (or 52.9%).

During the previous 30 day period (February 25 - March 25) there were 15 new properties listed, 7 sold and 5 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 23 new properties listed, the slowest - December with 2 new listings and a yearly average of 12 new listings per month.

There were a total of 17 homes listed during the last 30 days (March 26 - April 24), which is 100.0% of all properties listed in Tweed. This is a 13.3% increase compared with a previous 30 day period (February 25 - March 25) and 325.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

There were a total of 5 homes sold during the last 30 days (March 26 - April 24), which is 100.0% of all properties sold in Tweed. This is a 28.6% decline compared with a previous 30 day period (February 25 - March 25) and 150.0% up from the same period a year ago. Over the past year an average of 87 homes are were sold per month.