Tiny Real Estate Statistics
Tiny Real Estate Price Trend
Tiny real estate average sold price in the last 30 days (October 21 - November 19) was $933,380, which is $59,005 (6.3%) higher than the average price of $874,375 in the previous 30 day period (September 21 - October 20), and $307,269 (32.9%) up from the same period 1 year ago ($626,111). Tiny real estate prices over the last 30 days are also $73,378 (7.9%) higher than the average selling price of $860,002 over the past year.
Tiny average sold price for homes was $933,380 in the last 30 days (October 21 - November 19), which is $59,005 (6.3%) up from the average home price of $874,375 in the previous 30 day period (September 21 - October 20), and $307,269 (32.9%) higher than the same period 1 year ago ($626,111). In the last 30 days Tiny the average home price was $69,890 (7.5%) higher than the average selling price of $863,490 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Tiny real estate was $933,380 in the last 30 days (October 21 - November 19), which is collectively $60,047 (5.4%) lower than the average asking price of $1,120,773. This represents a decline of $13,422 (28.8%) compared to $46,625 (4.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Tiny during the last 12 months was recorded in May, 2024 with an average of $14,735 under the asking price, while the minimum occurring in April, 2024 with $62,676 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 Tiny was 36.8% with 14 properties sold and 45 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 35.6% recorded during the previous 30 day period (September 21 - October 20), and an increase from 25.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Tiny was 125.0% recorded in December and the lowest was in January at 13.3%. 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 14 properties that were successfully sold in Tiny in the last 30 days (October 21 - November 19) was 50 days, which is 27 days more than 23 days average in the previous 30 day period (September 21 - October 20) and 26 days longer than during the same period a year ago (24 days).
There were 66 delisted properties in Tiny, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 84 days on the market. This is 6 days longer than the average of 78 days during the previous 30 day period (September 21 - October 20) and 18 days less compared to the same period last year average of 102 days on the market.
66 Tiny properties that didn't sell stayed on the market 68.0% longer than 14 that sucessfully sold over the last 30 days - 50 days when sold vs 84 days when delisted respectively.
Average Days on the Market in Tiny over the past 12 months for properties that have sold was 39.8 days, with 86.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
38 new properties were listed on the market in Tiny in the last 30 days (October 21 - November 19). During the same time 14 properties were sold and 66 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 42 properties (or 110.5%).
During the previous 30 day period (September 21 - October 20) there were 45 new properties listed, 16 sold and 59 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 87 new properties listed, the slowest - December with 8 new listings and a yearly average of 49 new listings per month.
New Real Estate Listings by Property Type
There were a total of 37 homes listed during the last 30 days (October 21 - November 19), which is 97.4% of all properties listed in Tiny. This is a 14.0% decline compared with a previous 30 day period (September 21 - October 20) and 5.7% up from the same period a year ago. Over the past year an average of 48 homes are were listed per month.
1 condo units were listed in the last 30 days (October 21 - November 19) in Tiny, which represents 2.6% of all new listings. This is down 50.0% from the prior 30 day period (September 21 - October 20) and 0.0% less compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.
Real Estate Sales by Property Type
There were a total of 14 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Tiny. This is a 12.5% decline compared with a previous 30 day period (September 21 - October 20) and 55.6% up from the same period a year ago. Over the past year an average of 17 homes are were sold per month.