Thames Centre Real Estate Statistics

Thames Centre Real Estate Price Trend
Thames Centre real estate average sold price in the last 30 days (March 28 - April 26) was $854,934, which is $328,246 (38.4%) lower than the average price of $1,183,180 in the previous 30 day period (February 27 - March 27), and $162,066 (19.0%) down from the same period 1 year ago ($1,017,000). Thames Centre real estate prices over the last 30 days are also $26,027 (3.0%) higher than the average selling price of $828,907 over the past year.
Thames Centre average sold price for homes was $861,706 in the last 30 days (March 28 - April 26), which is $321,474 (37.3%) down from the average home price of $1,183,180 in the previous 30 day period (February 27 - March 27), and $155,294 (18.0%) lower than the same period 1 year ago ($1,017,000). In the last 30 days Thames Centre the average home price was $32,688 (3.8%) higher than the average selling price of $829,018 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Thames Centre real estate was $854,934 in the last 30 days (March 28 - April 26), which is collectively $29,362 (2.9%) lower than the average asking price of $1,010,947. This represents a decline of $10,243 (53.6%) compared to $19,119 (1.8%) Sold-Under-Asking price from the previous 30 day period (February 27 - March 27).
The maximum Sold Over/Under Asking ratio in Thames Centre during the last 12 months was recorded in August, 2023 with an average of $0 over the asking price, while the minimum occurring in September, 2023 with $125,000 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 Thames Centre was 106.7% with 32 properties sold and 6 new properties listed in the past 30 days (March 28 - April 26). This represents a decrease from 133.3% recorded during the previous 30 day period (February 27 - March 27), and an increase from 25.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Thames Centre was 45,600.0% recorded in January and the lowest was in October at 0.0%. 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 32 properties that were successfully sold in Thames Centre in the last 30 days (March 28 - April 26) was 43 days, which is 22 days less than 65 days average in the previous 30 day period (February 27 - March 27) and 17 days shorter than during the same period a year ago (60 days).
There were 24 delisted properties in Thames Centre, those that got either Expired, Suspended or Terminated over the last 30 days (March 28 - April 26) with an average of 133 days on the market. This is 21 days longer than the average of 112 days during the previous 30 day period (February 27 - March 27) and 94 days more compared to the same period last year average of 39 days on the market.
24 Thames Centre properties that didn't sell stayed on the market 209.3% longer than 32 that sucessfully sold over the last 30 days - 43 days when sold vs 133 days when delisted respectively.
Average Days on the Market in Thames Centre over the past 12 months for properties that have sold was 28.2 days, with 85.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
30 new properties were listed on the market in Thames Centre in the last 30 days (March 28 - April 26). During the same time 32 properties were sold and 24 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 26 properties (or 86.7%).
During the previous 30 day period (February 27 - March 27) there were 6 new properties listed, 8 sold and 247 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was February with 7 new properties listed, the slowest - December with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
There were a total of 28 homes listed during the last 30 days (March 28 - April 26), which is 93.3% of all properties listed in Thames Centre. This is a 366.7% increase compared with a previous 30 day period (February 27 - March 27) and 600.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 31 homes sold during the last 30 days (March 28 - April 26), which is 96.9% of all properties sold in Thames Centre. This is a 287.5% increase compared with a previous 30 day period (February 27 - March 27) and 3,000.0% up from the same period a year ago. Over the past year an average of 183 homes are were sold per month.
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