Thames Centre Real Estate Statistics
Thames Centre Real Estate Price Trend
Thames Centre real estate average sold price in the last 30 days (January 21 - February 19) was $833,234, which is $72,104 (8.7%) lower than the average price of $905,338 in the previous 30 day period (December 22 - January 20), and $447,866 (53.8%) up from the same period 1 year ago ($385,368). Thames Centre real estate prices over the last 30 days are also $63,808 (7.7%) lower than the average selling price of $897,042 over the past year.
Thames Centre average sold price for homes was $833,234 in the last 30 days (January 21 - February 19), which is $72,104 (8.7%) down from the average home price of $905,338 in the previous 30 day period (December 22 - January 20), and $445,520 (53.5%) higher than the same period 1 year ago ($387,714). In the last 30 days Thames Centre the average home price was $70,767 (8.5%) lower than the average selling price of $904,001 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Thames Centre real estate was $833,234 in the last 30 days (January 21 - February 19), which is collectively $15,156 (1.5%) lower than the average asking price of $1,020,699. This represents an increase of $145,874 (90.6%) compared to $161,030 (15.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Thames Centre during the last 12 months was recorded in September, 2024 with an average of $10,587 under the asking price, while the minimum occurring in December, 2024 with $217,222 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 55.0% with 11 properties sold and 14 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 114.3% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 32,116.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Thames Centre was 150.0% recorded in December and the lowest was in November at 42.3%. 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 11 properties that were successfully sold in Thames Centre in the last 30 days (January 21 - February 19) was 78 days, which is 13 days less than 91 days average in the previous 30 day period (December 22 - January 20) and 27 days longer than during the same period a year ago (51 days).
There were 7 delisted properties in Thames Centre, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 118 days on the market. This is 7 days shorter than the average of 125 days during the previous 30 day period (December 22 - January 20) and 22 days more compared to the same period last year average of 96 days on the market.
7 Thames Centre properties that didn't sell stayed on the market 51.3% longer than 11 that sucessfully sold over the last 30 days - 78 days when sold vs 118 days when delisted respectively.
Average Days on the Market in Thames Centre over the past 12 months for properties that have sold was 53.6 days, with -147.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
20 new properties were listed on the market in Thames Centre in the last 30 days (January 21 - February 19). During the same time 11 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 10.0%).
During the previous 30 day period (December 22 - January 20) there were 14 new properties listed, 16 sold and 50 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 43 new properties listed, the slowest - December with 12 new listings and a yearly average of 26 new listings per month.
New Real Estate Listings by Property Type
There were a total of 20 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Thames Centre. This is a 42.9% increase compared with a previous 30 day period (December 22 - January 20) and 233.3% up from the same period a year ago. Over the past year an average of 25 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 11 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Thames Centre. This is a 31.2% decline compared with a previous 30 day period (December 22 - January 20) and 99.4% down from the same period a year ago. Over the past year an average of 17 homes are were sold per month.