Thorold Real Estate Statistics

Thorold Real Estate Price Trend
Thorold real estate average sold price in the last 30 days (February 27 - March 27) was $699,407, which is $18,767 (2.7%) higher than the average price of $680,640 in the previous 30 day period (January 28 - February 26), and $30,248 (4.3%) down from the same period 1 year ago ($729,655). Thorold real estate prices over the last 30 days are also $1,198 (0.2%) higher than the average selling price of $698,209 over the past year.
Thorold average sold price for homes was $717,180 in the last 30 days (February 27 - March 27), which is $34,508 (4.8%) up from the average home price of $682,672 in the previous 30 day period (January 28 - February 26), and $22,671 (3.2%) lower than the same period 1 year ago ($739,851). In the last 30 days Thorold the average home price was $9,410 (1.3%) higher than the average selling price of $707,770 over the last 12 months.
Average sold price of Thorold townhouse was $665,230 in the last 30 days (February 27 - March 27), down $9,314 (1.4%) from the average townhome price of $674,544 over the previous 30 days (January 28 - February 26), and $73,230 (11.0%) higher than during to the same period 1 year ago ($592,000). Over the last 30 days the average townhouse price in Thorold was $10,208 (1.5%) higher compared to the average selling price of $655,022 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Thorold real estate was $699,407 in the last 30 days (February 27 - March 27), which is collectively $17,661 (2.2%) lower than the average asking price of $788,457. This represents an increase of $2,109 (10.7%) compared to $19,770 (2.6%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Thorold during the last 12 months was recorded in May, 2023 with an average of $3,480 under the asking price, while the minimum occurring in March, 2023 with $38,425 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 53.5% with 38 properties sold and 57 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 63.2% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 60.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Thorold was 69.1% recorded in June 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 38 properties that were successfully sold in Thorold in the last 30 days (February 27 - March 27) was 34 days, which is 2 days less than 36 days average in the previous 30 day period (January 28 - February 26) and 4 days shorter than during the same period a year ago (38 days).
There were 49 delisted properties in Thorold, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 74 days on the market. This is 2 days longer than the average of 72 days during the previous 30 day period (January 28 - February 26) and 17 days more compared to the same period last year average of 57 days on the market.
49 Thorold properties that didn't sell stayed on the market 117.6% longer than 38 that sucessfully sold over the last 30 days - 34 days when sold vs 74 days when delisted respectively.
Average Days on the Market in Thorold over the past 12 months for properties that have sold was 31.9 days, with 66.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
71 new properties were listed on the market in Thorold in the last 30 days (February 27 - March 27). During the same time 38 properties were sold and 49 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 16 properties (or 22.5%).
During the previous 30 day period (January 28 - February 26) there were 57 new properties listed, 36 sold and 38 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was August with 74 new properties listed, the slowest - December with 37 new listings and a yearly average of 59 new listings per month.
New Real Estate Listings by Property Type
There were a total of 62 homes listed during the last 30 days (February 27 - March 27), which is 87.3% of all properties listed in Thorold. This is a 51.2% increase compared with a previous 30 day period (January 28 - February 26) and 47.6% up from the same period a year ago. Over the past year an average of 46 homes are were listed per month.
9 townhomes were listed over the last 30 days (February 27 - March 27) in Thorold, which is 12.7% of all new real estate inventory. This is a 43.8% less than during the previous 30 day period (January 28 - February 26) and 50.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.
Real Estate Sales by Property Type
There were a total of 25 homes sold during the last 30 days (February 27 - March 27), which is 65.8% of all properties sold in Thorold. This is a 7.4% decline compared with a previous 30 day period (January 28 - February 26) and 7.4% down from the same period a year ago. Over the past year an average of 19 homes are were sold per month.
13 townhomes were sold over the last 30 days (February 27 - March 27) in Thorold, which is 34.2% of all sold real estate. This is a 44.4% more than during the previous 30 day period (January 28 - February 26) and 550.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 5 a month.
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