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Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

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May 2025 · West Grey

West Grey Sold Land Prices — May 2025

1 land parcels sold in West Grey in May 2025. Average sold price $1,250,000. 100% sold below asking — buyers have negotiating room.

🌿 1 Sales 📈 Avg $1,250,000 ⏱ 129 Days on Market 📅 May 2025
Avg Sold Price $1,250,000
Median Price $1,250,000
Avg List Price $1,298,000
Sale / List 96.3%
Over Asking 0%
Avg DOM 129 days
Total Sold
1
land parcels
Avg Sold Price
$1,250,000
all land types
Median Price
$1,250,000
mid-point
Sale / List
96.3%
avg ratio
Over Asking
0%
of all sales
Avg DOM
129
days on market
Price & Competition Summary
West Grey Land · May 2025
💰 Price Summary
Average Sold $1,250,000
Median Sold $1,250,000
Avg List Price $1,298,000
Lowest Sale $1,250,000
Highest Sale $1,250,000
Sale / List Ratio 96.3%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 129 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 129 days on market.
Nearby Cities · May 2025
Average land sale price
CityAvg SoldMedianSale / ListDOMMarket
Grey Highlands$240,000$240,000 96.2%140d🧊 Buyers
Hanover$190,000$190,000 95.1%262d🧊 Buyers
Chatsworth$737,000$737,000 93.4%148d🧊 Buyers

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Frequently Asked Questions
West Grey Sold Land Prices · May 2025

1 land parcels sold in West Grey in May 2025. The average sold price was $1,250,000 and the median was $1,250,000. The average and median are within 0% of each other.

100% of land sold below asking in West Grey in May 2025, with an average sale-to-list ratio of 96.3%. The average sale-to-list ratio was 96.3%.

Land in West Grey took an average of 129 days to sell in May 2025, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.

In May 2025, land in West Grey sold between $1,250,000 and $1,250,000. This includes lots, acreage, and agricultural parcels. The average sold price was $1,250,000 and the median was $1,250,000.

The average land sale price in West Grey in May 2025 was $1,250,000, which is $749,603 above the Ontario average of $500,397. The Ontario average for the same period was $500,397.

Data note: Based on MLS® land sale transaction data for West Grey, Ontario. Not official TRREB or CREA data. For general research only.

🗺 Nearby Cities
Grey Highlands $240,000
Hanover $190,000
Chatsworth $737,000
All Ontario Cities
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