Municipality

Faraday Real Estate

Hastings Region

38Active
110Sold
0Leased
1Communities
Page 1 of 2 (37 total)

Faraday Market

Updated Aug 22, 2026
Homes
Median sale price
$430K
Median PSF (est.) 0.7%
$397/sqft
Price trend
Sold last 90 days
13
Active listings
23
Months of inventory
5.8
Avg days on market
43
Sale-to-list ratio
95.03%
Absorption rate
17.4%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.00% · End-user: 100.00% (from 13 sales, 0 leases)
Price reductions (90d)
Price-reduction rate: 23.08%
Avg reduction: $78,000 (14.43%)
Monthly reduction trend
2024-09: 0.0% (3 listings)
2024-10: 80.0% (5 listings) · avg $78,275
2024-12: 100.0% (3 listings) · avg $75,634
2025-02: 33.3% (3 listings) · avg $25,100
2025-04: 0.0% (3 listings)
2025-06: 0.0% (7 listings)
2025-07: 20.0% (5 listings) · avg $61,000
2025-08: 66.7% (3 listings) · avg $60,000
2025-10: 30.0% (10 listings) · avg $55,000
2025-11: 0.0% (3 listings)
2026-06: 20.0% (5 listings) · avg $84,000
2026-07: 40.0% (5 listings) · avg $75,000
2026-08: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 2 of 72 sold · rate 2.78%
Avg price change: +$1,000 (+0.15%)
Seasonality (annual pattern)
Historically strongest months: Nov, Jul, Jun
Historically weakest months: Mar, May, Dec
Annual averages: DOM 53.0d · sale-to-list 95.03% (n=72)
Monthly detail
Jan · 2 sales · DOM 44.0d · STL 85.30%
Feb · 4 sales · DOM 75.5d · STL 92.74%
Mar · 1 sales · DOM 89.0d · STL 98.33%
Apr · 5 sales · DOM 59.8d · STL 95.30%
May · 4 sales · DOM 97.3d · STL 98.34%
Jun · 12 sales · DOM 29.8d · STL 97.03%
Jul · 10 sales · DOM 29.5d · STL 96.43%
Aug · 8 sales · DOM 43.8d · STL 95.62%
Sep · 5 sales · DOM 40.2d · STL 93.09%
Oct · 15 sales · DOM 68.7d · STL 94.31%
Nov · 3 sales · DOM 25.0d · STL 91.26%
Dec · 3 sales · DOM 113.0d · STL 95.05%

Communities in Faraday

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About Faraday Real Estate

Discover real estate in Faraday, located in Hastings. With 38 active listings, find condos, townhouses, and detached homes with comprehensive market intelligence, price history, and investment analysis.

Faraday has seen 110 completed transactions recently, with 110 sold and 0 leased properties providing rich comparable data for accurate valuations.

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