St. Thomas Real Estate Statistics

St. Thomas Real Estate Price Trend
St. Thomas real estate average sold price in the last 30 days (January 21 - February 19) was $557,891, which is $75,865 (13.6%) higher than the average price of $482,026 in the previous 30 day period (December 22 - January 20), and $350,581 (62.8%) up from the same period 1 year ago ($207,310). St. Thomas real estate prices over the last 30 days are also $610 (0.1%) higher than the average selling price of $557,281 over the past year.
St. Thomas average sold price for homes was $559,031 in the last 30 days (January 21 - February 19), which is $69,350 (12.4%) up from the average home price of $489,681 in the previous 30 day period (December 22 - January 20), and $353,850 (63.3%) higher than the same period 1 year ago ($205,181). In the last 30 days St. Thomas the average home price was $735 (0.1%) lower than the average selling price of $559,766 over the last 12 months.
Average St. Thomas condo sold price over the last 30 days (January 21 - February 19) was $600,000. During this period it was $304,400 (50.7%) up from the average price of condo of $295,600 during the previous 30 days (December 22 - January 20), and $389,855 (65.0%) higher compared to the same period 1 year ago ($210,145). In the last 30 days St. Thomas the average condo price was $153,452 (25.6%) higher than the average selling price of $446,548 over the last year.
Average sold price of St. Thomas townhouse was $523,333 in the last 30 days (January 21 - February 19), down $48,667 (9.3%) from the average townhome price of $572,000 over the previous 30 days (December 22 - January 20), and $187,585 (35.8%) higher than during to the same period 1 year ago ($335,748). Over the last 30 days the average townhouse price in St. Thomas was $60,664 (11.6%) higher compared to the average selling price of $462,669 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for St. Thomas real estate was $557,891 in the last 30 days (January 21 - February 19), which is collectively $12,540 (1.9%) lower than the average asking price of $645,779. This represents an increase of $50,071 (80.0%) compared to $62,611 (9.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in St. Thomas during the last 12 months was recorded in May, 2024 with an average of $7,447 under the asking price, while the minimum occurring in January, 2025 with $51,305 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 St. Thomas was 64.4% with 58 properties sold and 63 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 115.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 127,955.6% compared to the same period one year ago.
Over the the last year the highest SNLR in St. Thomas was 484.8% recorded in April and the lowest was in September at 45.0%. 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 58 properties that were successfully sold in St. Thomas in the last 30 days (January 21 - February 19) was 53 days, which is 7 days less than 60 days average in the previous 30 day period (December 22 - January 20) and 16 days longer than during the same period a year ago (37 days).
There were 29 delisted properties in St. Thomas, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 90 days on the market. This is 12 days shorter than the average of 102 days during the previous 30 day period (December 22 - January 20) and 10 days less compared to the same period last year average of 100 days on the market.
29 St. Thomas properties that didn't sell stayed on the market 69.8% longer than 58 that sucessfully sold over the last 30 days - 53 days when sold vs 90 days when delisted respectively.
Average Days on the Market in St. Thomas over the past 12 months for properties that have sold was 38.0 days, with 68.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
90 new properties were listed on the market in St. Thomas in the last 30 days (January 21 - February 19). During the same time 58 properties were sold and 29 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 3.3%).
During the previous 30 day period (December 22 - January 20) there were 63 new properties listed, 73 sold and 82 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 129 new properties listed, the slowest - December with 39 new listings and a yearly average of 77 new listings per month.
New Real Estate Listings by Property Type
There were a total of 77 homes listed during the last 30 days (January 21 - February 19), which is 85.6% of all properties listed in St. Thomas. This is a 37.5% increase compared with a previous 30 day period (December 22 - January 20) and 755.6% up from the same period a year ago. Over the past year an average of 70 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 54 homes sold during the last 30 days (January 21 - February 19), which is 93.1% of all properties sold in St. Thomas. This is a 14.3% decline compared with a previous 30 day period (December 22 - January 20) and 99.5% down from the same period a year ago. Over the past year an average of 89 homes are were sold per month.
1 condo units were sold in the last 30 days (January 21 - February 19) in St. Thomas, which represents 1.7% of all sold properties. This is down 80.0% from the prior 30 day period (December 22 - January 20) and 99.2% less compared to the same period last year. There were 4 condos sold per month on average during the last 12 months.
3 townhomes were sold over the last 30 days (January 21 - February 19) in St. Thomas, which is 5.2% of all sold real estate. This is a 40.0% less than during the previous 30 day period (December 22 - January 20) and 98.4% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 6 a month.
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