Thorold Real Estate Statistics
Thorold Real Estate Price Trend
Thorold real estate average sold price in the last 30 days (October 27 - November 25) was $582,249, which is $110,486 (19.0%) lower than the average price of $692,735 in the previous 30 day period (September 27 - October 26), and $92,296 (15.9%) down from the same period 1 year ago ($674,545). Thorold real estate prices over the last 30 days are also $104,940 (18.0%) lower than the average selling price of $687,189 over the past year.
Thorold average sold price for homes was $582,714 in the last 30 days (October 27 - November 25), which is $134,218 (23.0%) down from the average home price of $716,932 in the previous 30 day period (September 27 - October 26), and $85,857 (14.7%) lower than the same period 1 year ago ($668,571). In the last 30 days Thorold the average home price was $116,988 (20.1%) lower than the average selling price of $699,702 over the last 12 months.
Average sold price of Thorold townhouse was $585,835 in the last 30 days (October 27 - November 25), down $56,703 (9.7%) from the average townhome price of $642,538 over the previous 30 days (September 27 - October 26), and $99,165 (16.9%) lower than during to the same period 1 year ago ($685,000). Over the last 30 days the average townhouse price in Thorold was $70,062 (12.0%) lower compared to the average selling price of $655,898 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Thorold real estate was $582,249 in the last 30 days (October 27 - November 25), which is collectively $12,799 (1.8%) lower than the average asking price of $709,273. This represents an increase of $5,534 (30.2%) compared to $18,333 (2.5%) Sold-Under-Asking price from the previous 30 day period (September 27 - October 26).
The maximum Sold Over/Under Asking ratio in Thorold during the last 12 months was recorded in June, 2024 with an average of $8,299 under the asking price, while the minimum occurring in November, 2023 with $25,025 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 Thorold was 1,212.1% with 703 properties sold and 60 new properties listed in the past 30 days (October 27 - November 25). This represents an increase from 85.0% recorded during the previous 30 day period (September 27 - October 26), and an increase from 15.1% compared to the same period one year ago.
Over the the last year the highest SNLR in Thorold was 2,523.8% recorded in August and the lowest was in November at 16.7%. 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 703 properties that were successfully sold in Thorold in the last 30 days (October 27 - November 25) was 33 days, which is 18 days less than 51 days average in the previous 30 day period (September 27 - October 26) and 12 days shorter than during the same period a year ago (45 days).
There were 773 delisted properties in Thorold, those that got either Expired, Suspended or Terminated over the last 30 days (October 27 - November 25) with an average of 87 days on the market. This is 13 days shorter than the average of 100 days during the previous 30 day period (September 27 - October 26) and 33 days more compared to the same period last year average of 54 days on the market.
773 Thorold properties that didn't sell stayed on the market 163.6% longer than 703 that sucessfully sold over the last 30 days - 33 days when sold vs 87 days when delisted respectively.
Average Days on the Market in Thorold over the past 12 months for properties that have sold was 37.8 days, with 66.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
58 new properties were listed on the market in Thorold in the last 30 days (October 27 - November 25). During the same time 703 properties were sold and 773 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1418 properties (or 2,444.8%).
During the previous 30 day period (September 27 - October 26) there were 60 new properties listed, 51 sold and 72 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 91 new properties listed, the slowest - December with 37 new listings and a yearly average of 66 new listings per month.
New Real Estate Listings by Property Type
There were a total of 41 homes listed during the last 30 days (October 27 - November 25), which is 70.7% of all properties listed in Thorold. This is a 6.8% decline compared with a previous 30 day period (September 27 - October 26) and 26.8% down from the same period a year ago. Over the past year an average of 50 homes are were listed per month.
17 townhomes were listed over the last 30 days (October 27 - November 25) in Thorold, which is 29.3% of all new real estate inventory. This is a 6.2% more than during the previous 30 day period (September 27 - October 26) and 6.2% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 16 a month.
Real Estate Sales by Property Type
There were a total of 590 homes sold during the last 30 days (October 27 - November 25), which is 83.9% of all properties sold in Thorold. This is a 1,494.6% increase compared with a previous 30 day period (September 27 - October 26) and 8,328.6% up from the same period a year ago. Over the past year an average of 143 homes are were sold per month.
108 townhomes were sold over the last 30 days (October 27 - November 25) in Thorold, which is 15.4% of all sold real estate. This is a 730.8% more than during the previous 30 day period (September 27 - October 26) and 2,600.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 39 a month.