St. Catharines Real Estate Statistics

St. Catharines Real Estate Price Trend
St. Catharines real estate average sold price in the last 30 days (March 20 - April 18) was $647,139, which is $23,185 (3.6%) higher than the average price of $623,954 in the previous 30 day period (February 19 - March 19), and $7,320 (1.1%) up from the same period 1 year ago ($639,819). St. Catharines real estate prices over the last 30 days are also $25,008 (3.9%) higher than the average selling price of $622,131 over the past year.
St. Catharines average sold price for homes was $689,478 in the last 30 days (March 20 - April 18), which is $61,485 (8.9%) up from the average home price of $627,993 in the previous 30 day period (February 19 - March 19), and $29,126 (4.2%) higher than the same period 1 year ago ($660,352). In the last 30 days St. Catharines the average home price was $43,978 (6.4%) higher than the average selling price of $645,500 over the last 12 months.
Average St. Catharines condo sold price over the last 30 days (March 20 - April 18) was $369,666. During this period it was $150,334 (40.7%) down from the average price of condo of $520,000 during the previous 30 days (February 19 - March 19), and $123,795 (33.5%) lower compared to the same period 1 year ago ($493,461). In the last 30 days St. Catharines the average condo price was $38,412 (10.4%) lower than the average selling price of $408,078 over the last year.
Average sold price of St. Catharines townhouse was $569,105 in the last 30 days (March 20 - April 18), down $38,603 (6.8%) from the average townhome price of $607,708 over the previous 30 days (February 19 - March 19), and $82,818 (14.6%) lower than during to the same period 1 year ago ($651,923). Over the last 30 days the average townhouse price in St. Catharines was $22,692 (4.0%) lower compared to the average selling price of $591,797 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for St. Catharines real estate was $647,139 in the last 30 days (March 20 - April 18), which is collectively $20,088 (3.0%) lower than the average asking price of $674,066. This represents a decline of $5,659 (39.2%) compared to $14,429 (2.1%) Sold-Under-Asking price from the previous 30 day period (February 19 - March 19).
The maximum Sold Over/Under Asking ratio in St. Catharines during the last 12 months was recorded in June, 2023 with an average of $5,845 under the asking price, while the minimum occurring in January, 2024 with $26,360 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. Catharines was 68.5% with 122 properties sold and 152 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 57.2% recorded during the previous 30 day period (February 19 - March 19), and a decrease from 91.0% compared to the same period one year ago.
Over the the last year the highest SNLR in St. Catharines was 116.7% recorded in December and the lowest was in September at 50.0%. 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 122 properties that were successfully sold in St. Catharines in the last 30 days (March 20 - April 18) was 32 days, which is 2 days more than 30 days average in the previous 30 day period (February 19 - March 19) and 10 days longer than during the same period a year ago (22 days).
There were 153 delisted properties in St. Catharines, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 65 days on the market. This is 17 days shorter than the average of 82 days during the previous 30 day period (February 19 - March 19) and 17 days more compared to the same period last year average of 48 days on the market.
153 St. Catharines properties that didn't sell stayed on the market 103.1% longer than 122 that sucessfully sold over the last 30 days - 32 days when sold vs 65 days when delisted respectively.
Average Days on the Market in St. Catharines over the past 12 months for properties that have sold was 30.2 days, with 62.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
178 new properties were listed on the market in St. Catharines in the last 30 days (March 20 - April 18). During the same time 122 properties were sold and 153 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 97 properties (or 54.5%).
During the previous 30 day period (February 19 - March 19) there were 152 new properties listed, 87 sold and 83 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 172 new properties listed, the slowest - December with 42 new listings and a yearly average of 133 new listings per month.
New Real Estate Listings by Property Type
There were a total of 136 homes listed during the last 30 days (March 20 - April 18), which is 76.4% of all properties listed in St. Catharines. This is a 10.6% increase compared with a previous 30 day period (February 19 - March 19) and 41.7% up from the same period a year ago. Over the past year an average of 108 homes are were listed per month.
17 condo units were listed in the last 30 days (March 20 - April 18) in St. Catharines, which represents 9.6% of all new listings. This is up 41.7% from the prior 30 day period (February 19 - March 19) and 30.8% more compared to the same period last year. There were 11 condos listed per month on average during the last 12 months.
25 townhomes were listed over the last 30 days (March 20 - April 18) in St. Catharines, which is 14.0% of all new real estate inventory. This is a 47.1% more than during the previous 30 day period (February 19 - March 19) and 92.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.
Real Estate Sales by Property Type
There were a total of 94 homes sold during the last 30 days (March 20 - April 18), which is 77.0% of all properties sold in St. Catharines. This is a 27.0% increase compared with a previous 30 day period (February 19 - March 19) and 10.6% up from the same period a year ago. Over the past year an average of 76 homes are were sold per month.
9 condo units were sold in the last 30 days (March 20 - April 18) in St. Catharines, which represents 7.4% of all sold properties. This is up 800.0% from the prior 30 day period (February 19 - March 19) and 30.8% less compared to the same period last year. There were 7 condos sold per month on average during the last 12 months.
19 townhomes were sold over the last 30 days (March 20 - April 18) in St. Catharines, which is 15.6% of all sold real estate. This is a 58.3% more than during the previous 30 day period (February 19 - March 19) and 46.2% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 11 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1277084118