Tillsonburg Real Estate Statistics
Tillsonburg Real Estate Price Trend
Tillsonburg real estate average sold price in the last 30 days (January 21 - February 19) was $576,415, which is $13,069 (2.3%) higher than the average price of $563,346 in the previous 30 day period (December 22 - January 20), and $282,281 (49.0%) up from the same period 1 year ago ($294,134). Tillsonburg real estate prices over the last 30 days are also $39,450 (6.8%) higher than the average selling price of $536,965 over the past year.
Tillsonburg average sold price for homes was $590,090 in the last 30 days (January 21 - February 19), which is $10,760 (1.8%) down from the average home price of $600,850 in the previous 30 day period (December 22 - January 20), and $276,592 (46.9%) higher than the same period 1 year ago ($313,498). In the last 30 days Tillsonburg the average home price was $3,225 (0.5%) higher than the average selling price of $586,865 over the last 12 months.
Average sold price of Tillsonburg townhouse was $600,000 in the last 30 days (January 21 - February 19), up $161,667 (26.9%) from the average townhome price of $438,333 over the previous 30 days (December 22 - January 20), and $319,624 (53.3%) higher than during to the same period 1 year ago ($280,376). Over the last 30 days the average townhouse price in Tillsonburg was $168,155 (28.0%) higher compared to the average selling price of $431,845 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Tillsonburg real estate was $576,415 in the last 30 days (January 21 - February 19), which is collectively $14,876 (2.3%) lower than the average asking price of $645,410. This represents an increase of $14,723 (49.7%) compared to $29,599 (4.6%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Tillsonburg during the last 12 months was recorded in June, 2024 with an average of $4,654 under the asking price, while the minimum occurring in January, 2025 with $29,374 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 Tillsonburg was 68.4% with 13 properties sold and 23 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 113.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 13,312.5% compared to the same period one year ago.
Over the the last year the highest SNLR in Tillsonburg was 32,415.0% recorded in December and the lowest was in September at 41.7%. 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 13 properties that were successfully sold in Tillsonburg in the last 30 days (January 21 - February 19) was 95 days, which is 22 days more than 73 days average in the previous 30 day period (December 22 - January 20) and 50 days longer than during the same period a year ago (45 days).
There were 21 delisted properties in Tillsonburg, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 90 days on the market. This is 29 days shorter than the average of 119 days during the previous 30 day period (December 22 - January 20) and 22 days less compared to the same period last year average of 112 days on the market.
21 Tillsonburg properties that didn't sell stayed on the market 5.3% longer than 13 that sucessfully sold over the last 30 days - 95 days when sold vs 90 days when delisted respectively.
Average Days on the Market in Tillsonburg over the past 12 months for properties that have sold was 51.3 days, with 80.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
19 new properties were listed on the market in Tillsonburg in the last 30 days (January 21 - February 19). During the same time 13 properties were sold and 21 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 15 properties (or 78.9%).
During the previous 30 day period (December 22 - January 20) there were 23 new properties listed, 26 sold and 35 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was January with 31 new properties listed, the slowest - March with 7 new listings and a yearly average of 19 new listings per month.
New Real Estate Listings by Property Type
There were a total of 14 homes listed during the last 30 days (January 21 - February 19), which is 73.7% of all properties listed in Tillsonburg. This is a 16.7% increase compared with a previous 30 day period (December 22 - January 20) and 133.3% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
5 townhomes were listed over the last 30 days (January 21 - February 19) in Tillsonburg, which is 26.3% of all new real estate inventory. This is a 44.4% less than during the previous 30 day period (December 22 - January 20) and 150.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 5 a month.
Real Estate Sales by Property Type
There were a total of 10 homes sold during the last 30 days (January 21 - February 19), which is 76.9% of all properties sold in Tillsonburg. This is a 50.0% decline compared with a previous 30 day period (December 22 - January 20) and 98.8% down from the same period a year ago. Over the past year an average of 547 homes are were sold per month.
2 townhomes were sold over the last 30 days (January 21 - February 19) in Tillsonburg, which is 15.4% of all sold real estate. This is a 66.7% less than during the previous 30 day period (December 22 - January 20) and 98.7% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 48 a month.