St. Thomas Real Estate Statistics

St. Thomas real estate average sold price in the last 30 days (March 26 - April 24) was $597,522, which is $49,803 (8.3%) higher than the average price of $547,719 in the previous 30 day period (February 25 - March 25), and $66,022 (11.0%) up from the same period 1 year ago ($531,500). St. Thomas real estate prices over the last 30 days are also $36,662 (6.1%) higher than the average selling price of $560,860 over the past year.

St. Thomas average sold price for homes was $599,611 in the last 30 days (March 26 - April 24), which is $55,173 (9.2%) up from the average home price of $544,438 in the previous 30 day period (February 25 - March 25), and $68,111 (11.4%) higher than the same period 1 year ago ($531,500). In the last 30 days St. Thomas the average home price was $31,431 (5.2%) higher than the average selling price of $568,180 over the last 12 months.

Average selling price for St. Thomas real estate was $597,522 in the last 30 days (March 26 - April 24), which is collectively $12,489 (1.9%) lower than the average asking price of $669,744. This represents an increase of $1,318 (9.5%) compared to $13,807 (1.9%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).

The maximum Sold Over/Under Asking ratio in St. Thomas during the last 12 months was recorded in April, 2023 with an average of $69,000 over the asking price, while the minimum occurring in December, 2023 with $29,900 below the asking price.

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 486.8% with 185 properties sold and 13 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from 638.5% recorded during the previous 30 day period (February 25 - March 25), and an increase from 40.0% compared to the same period one year ago.

Over the the last year the highest SNLR in St. Thomas was 111,714.3% recorded in January and the lowest was in October at 20.0%. 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.

The Average Days on the Market (DOM) for 185 properties that were successfully sold in St. Thomas in the last 30 days (March 26 - April 24) was 27 days, which is 3 days less than 30 days average in the previous 30 day period (February 25 - March 25) and 21 days longer than during the same period a year ago (6 days).

There were 77 delisted properties in St. Thomas, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 55 days on the market. This is 58 days shorter than the average of 113 days during the previous 30 day period (February 25 - March 25) and 25 days less compared to the same period last year average of 80 days on the market.

77 St. Thomas properties that didn't sell stayed on the market 103.7% longer than 185 that sucessfully sold over the last 30 days - 27 days when sold vs 55 days when delisted respectively.

Average Days on the Market in St. Thomas over the past 12 months for properties that have sold was 40.0 days, with 61.8 days for those properties that did not sell.

38 new properties were listed on the market in St. Thomas in the last 30 days (March 26 - April 24). During the same time 185 properties were sold and 77 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 224 properties (or 589.5%).

During the previous 30 day period (February 25 - March 25) there were 13 new properties listed, 83 sold and 617 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was March with 15 new properties listed, the slowest - November with 3 new listings and a yearly average of 8 new listings per month.

There were a total of 35 homes listed during the last 30 days (March 26 - April 24), which is 92.1% of all properties listed in St. Thomas. This is a 169.2% increase compared with a previous 30 day period (February 25 - March 25) and 600.0% up from the same period a year ago. Over the past year an average of 8 homes are were listed per month.

There were a total of 172 homes sold during the last 30 days (March 26 - April 24), which is 93.0% of all properties sold in St. Thomas. This is a 123.4% increase compared with a previous 30 day period (February 25 - March 25) and 8,500.0% up from the same period a year ago. Over the past year an average of 1,016 homes are were sold per month.