Brock Real Estate Statistics
Brock Real Estate Price Trend
Brock real estate average sold price in the last 30 days (October 21 - November 19) was $714,565, which is $32,071 (4.5%) lower than the average price of $746,636 in the previous 30 day period (September 21 - October 20), and $33,150 (4.6%) down from the same period 1 year ago ($747,715). Brock real estate prices over the last 30 days are also $61,348 (8.6%) lower than the average selling price of $775,914 over the past year.
Brock average sold price for homes was $714,565 in the last 30 days (October 21 - November 19), which is $32,071 (4.5%) down from the average home price of $746,636 in the previous 30 day period (September 21 - October 20), and $33,150 (4.6%) lower than the same period 1 year ago ($747,715). In the last 30 days Brock the average home price was $70,844 (9.9%) lower than the average selling price of $785,409 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Brock real estate was $714,565 in the last 30 days (October 21 - November 19), which is collectively $17,421 (2.0%) lower than the average asking price of $852,062. This represents an increase of $5,059 (22.5%) compared to $22,480 (2.6%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Brock during the last 12 months was recorded in June, 2024 with an average of $7,427 under the asking price, while the minimum occurring in February, 2024 with $46,906 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 Brock was 85.2% with 23 properties sold and 44 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 25.0% recorded during the previous 30 day period (September 21 - October 20), and an increase from 33.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Brock was 76.5% recorded in August and the lowest was in September at 14.8%. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 23 properties that were successfully sold in Brock in the last 30 days (October 21 - November 19) was 34 days, which is 21 days less than 55 days average in the previous 30 day period (September 21 - October 20) and 15 days longer than during the same period a year ago (19 days).
There were 30 delisted properties in Brock, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 76 days on the market. This is 16 days longer than the average of 60 days during the previous 30 day period (September 21 - October 20) and 3 days more compared to the same period last year average of 73 days on the market.
30 Brock properties that didn't sell stayed on the market 123.5% longer than 23 that sucessfully sold over the last 30 days - 34 days when sold vs 76 days when delisted respectively.
Average Days on the Market in Brock over the past 12 months for properties that have sold was 33.4 days, with 76.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
27 new properties were listed on the market in Brock in the last 30 days (October 21 - November 19). During the same time 23 properties were sold and 30 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 26 properties (or 96.3%).
During the previous 30 day period (September 21 - October 20) there were 44 new properties listed, 11 sold and 33 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 54 new properties listed, the slowest - December with 8 new listings and a yearly average of 33 new listings per month.
New Real Estate Listings by Property Type
There were a total of 27 homes listed during the last 30 days (October 21 - November 19), which is 100.0% of all properties listed in Brock. This is a 37.2% decline compared with a previous 30 day period (September 21 - October 20) and 30.8% down from the same period a year ago. Over the past year an average of 32 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 23 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Brock. This is a 109.1% increase compared with a previous 30 day period (September 21 - October 20) and 76.9% up from the same period a year ago. Over the past year an average of 13 homes are were sold per month.