St. Thomas Real Estate Statistics

St. Thomas real estate average sold price in the last 30 days (October 21 - November 19) was $550,147, which is $2,618 (0.5%) higher than the average price of $547,529 in the previous 30 day period (September 21 - October 20), and $36,819 (6.7%) down from the same period 1 year ago ($586,966). St. Thomas real estate prices over the last 30 days are also $38,009 (6.9%) higher than the average selling price of $512,138 over the past year.

St. Thomas average sold price for homes was $540,386 in the last 30 days (October 21 - November 19), which is $2,842 (0.5%) down from the average home price of $543,228 in the previous 30 day period (September 21 - October 20), and $46,580 (8.6%) lower than the same period 1 year ago ($586,966). In the last 30 days St. Thomas the average home price was $27,622 (5.1%) higher than the average selling price of $512,764 over the last 12 months.

Average selling price for St. Thomas real estate was $550,147 in the last 30 days (October 21 - November 19), which is collectively $12,808 (2.1%) lower than the average asking price of $595,796. This represents an increase of $2,215 (14.7%) compared to $15,023 (2.5%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in St. Thomas during the last 12 months was recorded in February, 2024 with an average of $488 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 87.9% with 80 properties sold and 111 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 60.4% recorded during the previous 30 day period (September 21 - October 20), and an increase from 75.0% 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 December at 25.0%. 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 80 properties that were successfully sold in St. Thomas in the last 30 days (October 21 - November 19) was 34 days, which is 6 days less than 40 days average in the previous 30 day period (September 21 - October 20) and 19 days shorter than during the same period a year ago (53 days).

There were 46 delisted properties in St. Thomas, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 66 days on the market. This is 7 days shorter than the average of 73 days during the previous 30 day period (September 21 - October 20) and 1 days less compared to the same period last year average of 67 days on the market.

46 St. Thomas properties that didn't sell stayed on the market 94.1% longer than 80 that sucessfully sold over the last 30 days - 34 days when sold vs 66 days when delisted respectively.

Average Days on the Market in St. Thomas over the past 12 months for properties that have sold was 37.4 days, with 66.2 days for those properties that did not sell.

91 new properties were listed on the market in St. Thomas in the last 30 days (October 21 - November 19). During the same time 80 properties were sold and 46 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 35 properties (or 38.5%).

During the previous 30 day period (September 21 - October 20) there were 111 new properties listed, 67 sold and 38 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 - November with 3 new listings and a yearly average of 50 new listings per month.

There were a total of 88 homes listed during the last 30 days (October 21 - November 19), which is 96.7% of all properties listed in St. Thomas. This is a 8.3% decline compared with a previous 30 day period (September 21 - October 20) and 2,100.0% up from the same period a year ago. Over the past year an average of 45 homes are were listed per month.

There were a total of 72 homes sold during the last 30 days (October 21 - November 19), which is 90.0% of all properties sold in St. Thomas. This is a 22.0% increase compared with a previous 30 day period (September 21 - October 20) and 2,300.0% up from the same period a year ago. Over the past year an average of 1,070 homes are were sold per month.