St. Catharines Real Estate Statistics

St. Catharines Real Estate Price Trend
St. Catharines real estate average sold price in the last 30 days (October 26 - November 24) was $562,783, which is $51,771 (9.2%) lower than the average price of $614,554 in the previous 30 day period (September 26 - October 25), and $7,434 (1.3%) down from the same period 1 year ago ($570,217). St. Catharines real estate prices over the last 30 days are also $37,246 (6.6%) lower than the average selling price of $600,029 over the past year.
St. Catharines average sold price for homes was $572,091 in the last 30 days (October 26 - November 24), which is $62,976 (11.0%) down from the average home price of $635,067 in the previous 30 day period (September 26 - October 25), and $12,909 (2.3%) lower than the same period 1 year ago ($585,000). In the last 30 days St. Catharines the average home price was $55,539 (9.7%) lower than the average selling price of $627,630 over the last 12 months.
Average St. Catharines condo sold price over the last 30 days (October 26 - November 24) was $424,027. During this period it was $8,183 (1.9%) down from the average price of condo of $432,210 during the previous 30 days (September 26 - October 25), and $93,423 (22.0%) lower compared to the same period 1 year ago ($517,450). In the last 30 days St. Catharines the average condo price was $24,479 (5.8%) higher than the average selling price of $399,548 over the last year.
Average sold price of St. Catharines townhouse was $555,881 in the last 30 days (October 26 - November 24), down $65,670 (11.8%) from the average townhome price of $621,551 over the previous 30 days (September 26 - October 25), and $60,881 (11.0%) higher than during to the same period 1 year ago ($495,000). Over the last 30 days the average townhouse price in St. Catharines was $10,143 (1.8%) higher compared to the average selling price of $545,738 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for St. Catharines real estate was $562,783 in the last 30 days (October 26 - November 24), which is collectively $11,627 (1.6%) lower than the average asking price of $718,067. This represents an increase of $6,517 (35.9%) compared to $18,144 (2.8%) Sold-Under-Asking price from the previous 30 day period (September 26 - October 25).
The maximum Sold Over/Under Asking ratio in St. Catharines during the last 12 months was recorded in June, 2024 with an average of $12,211 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 2,246.1% with 3,167 properties sold and 154 new properties listed in the past 30 days (October 26 - November 24). This represents an increase from 134.4% recorded during the previous 30 day period (September 26 - October 25), and an increase from 51.1% compared to the same period one year ago.
Over the the last year the highest SNLR in St. Catharines was 6,376.7% recorded in August and the lowest was in March at 50.3%. 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 3,167 properties that were successfully sold in St. Catharines in the last 30 days (October 26 - November 24) was 27 days, which is 4 days less than 31 days average in the previous 30 day period (September 26 - October 25) and 7 days shorter than during the same period a year ago (34 days).
There were 2,406 delisted properties in St. Catharines, those that got either Expired, Suspended or Terminated over the last 30 days (October 26 - November 24) with an average of 72 days on the market. This is 27 days shorter than the average of 99 days during the previous 30 day period (September 26 - October 25) and 10 days more compared to the same period last year average of 62 days on the market.
2,406 St. Catharines properties that didn't sell stayed on the market 166.7% longer than 3,167 that sucessfully sold over the last 30 days - 27 days when sold vs 72 days when delisted respectively.
Average Days on the Market in St. Catharines over the past 12 months for properties that have sold was 33.4 days, with 73.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
141 new properties were listed on the market in St. Catharines in the last 30 days (October 26 - November 24). During the same time 3,167 properties were sold and 2,406 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5432 properties (or 3,852.5%).
During the previous 30 day period (September 26 - October 25) there were 154 new properties listed, 207 sold and 207 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 192 new properties listed, the slowest - December with 42 new listings and a yearly average of 138 new listings per month.
New Real Estate Listings by Property Type
There were a total of 107 homes listed during the last 30 days (October 26 - November 24), which is 75.9% of all properties listed in St. Catharines. This is a 9.3% decline compared with a previous 30 day period (September 26 - October 25) and 0.9% up from the same period a year ago. Over the past year an average of 110 homes are were listed per month.
19 condo units were listed in the last 30 days (October 26 - November 24) in St. Catharines, which represents 13.5% of all new listings. This is up 11.8% from the prior 30 day period (September 26 - October 25) and 11.8% more compared to the same period last year. There were 12 condos listed per month on average during the last 12 months.
15 townhomes were listed over the last 30 days (October 26 - November 24) in St. Catharines, which is 10.6% of all new real estate inventory. This is a 21.1% less than during the previous 30 day period (September 26 - October 25) and 87.5% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 16 a month.
Real Estate Sales by Property Type
There were a total of 2,707 homes sold during the last 30 days (October 26 - November 24), which is 85.5% of all properties sold in St. Catharines. This is a 1,602.5% increase compared with a previous 30 day period (September 26 - October 25) and 4,913.0% up from the same period a year ago. Over the past year an average of 668 homes are were sold per month.
167 condo units were sold in the last 30 days (October 26 - November 24) in St. Catharines, which represents 5.3% of all sold properties. This is up 778.9% from the prior 30 day period (September 26 - October 25) and 1,987.5% more compared to the same period last year. There were 71 condos sold per month on average during the last 12 months.
293 townhomes were sold over the last 30 days (October 26 - November 24) in St. Catharines, which is 9.3% of all sold real estate. This is a 910.3% more than during the previous 30 day period (September 26 - October 25) and 5,760.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 121 a month.
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