St. Thomas Real Estate Statistics

St. Thomas Real Estate Price Trend
St. Thomas real estate average sold price in the last 30 days (July 16 - August 14) was $632,000, which is $25,666 (4.1 %) lower than the average price of $657,666 in the previous 30 day period (June 16 - July 15), and $41,142 (6.5 %) down from the same period 1 year ago ($673,142). St. Thomas real estate prices over the last 30 days are also $50,754 (8.0 %) higher than the average selling price of $581,246 over the past year.
St. Thomas average sold price for homes was $632,000 in the last 30 days (July 16 - August 14), which is $19,500 (3.1 %) down from the average home price of $651,500 in the previous 30 day period (June 16 - July 15), and $50,000 (7.9 %) lower than the same period 1 year ago ($682,000). In the last 30 days St. Thomas the average home price was $49,175 (7.8 %) higher than the average selling price of $582,825 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for St. Thomas real estate was $632,000 in the last 30 days (July 16 - August 14), which is collectively $19,000 (2.1 %) lower than the average asking price of $884,649. This represents an increase of $4,600 (19.5 %) compared to $23,600 (2.6 %) Sold-Under-Asking price from the previous 30 day period (June 16 - July 15).
The maximum Sold Over/Under Asking ratio in St. Thomas during the last 12 months was recorded in January, 2022 with an average of $90,668 over the asking price, while the minimum occurring in June, 2022 with $53,566 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 50.0 % with 3 properties sold and 10 new properties listed in the past 30 days (July 16 - August 14). This represents an increase from 30.0 % recorded during the previous 30 day period (June 16 - July 15), and a decrease from 233.3 % compared to the same period one year ago.
Over the the last year the highest SNLR in St. Thomas was 600.0 % recorded in January and the lowest was in November 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 3 properties that were successfully sold in St. Thomas in the last 30 days (July 16 - August 14) was 41 days, which is 29 days more than 12 days average in the previous 30 day period (June 16 - July 15) and 32 days longer than during the same period a year ago (9 days).
There were 9 delisted properties in St. Thomas, those that got either Expired, Suspended or Terminated over the last 30 days (July 16 - August 14) with an average of 67 days on the market. This is 21 days longer than the average of 46 days during the previous 30 day period (June 16 - July 15) and 4 days less compared to the same period last year average of 71 days on the market.
9 St. Thomas properties that didn't sell stayed on the market 63.4 % longer than 3 that sucessfully sold over the last 30 days - 41 days when sold vs 67 days when delisted respectively.
Average Days on the Market in St. Thomas over the past 12 months for properties that have sold was 12.8 days, with 43.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in St. Thomas in the last 30 days (July 16 - August 14). During the same time 3 properties were sold and 9 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 100.0 %).
During the previous 30 day period (June 16 - July 15) there were 10 new properties listed, 3 sold and 9 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 9 new properties listed, the slowest - January with 1 new listings and a yearly average of 6 new listings per month.
New Real Estate Listings by Property Type
There were a total of 6 homes listed during the last 30 days (July 16 - August 14), which is 100.0 % of all properties listed in St. Thomas. This is a 14.3 % decline compared with a previous 30 day period (June 16 - July 15) and 200.0 % up from the same period a year ago. Over the past year an average of 5 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 3 homes sold during the last 30 days (July 16 - August 14), which is 100.0 % of all properties sold in St. Thomas. This is a 50.0 % increase compared with a previous 30 day period (June 16 - July 15) and 50.0 % down from the same period a year ago. Over the past year an average of 4 homes are were sold per month.
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