Tillsonburg Real Estate Statistics

Tillsonburg real estate average sold price in the last 30 days (February 22 - March 23) was $677,800, which is $130,500 (19.3%) higher than the average price of $547,300 in the previous 30 day period (January 23 - February 21), and $154,200 (22.8%) down from the same period 1 year ago ($832,000). Tillsonburg real estate prices over the last 30 days are also $84,352 (12.4%) higher than the average selling price of $593,448 over the past year.

Tillsonburg average sold price for homes was $671,333 in the last 30 days (February 22 - March 23), which is $97,167 (14.5%) up from the average home price of $574,166 in the previous 30 day period (January 23 - February 21), and $170,792 (25.4%) lower than the same period 1 year ago ($842,125). In the last 30 days Tillsonburg the average home price was $29,520 (4.4%) higher than the average selling price of $641,812 over the last 12 months.

Average selling price for Tillsonburg real estate was $677,800 in the last 30 days (February 22 - March 23), which is collectively $22,780 (3.2%) lower than the average asking price of $720,385. This represents a decline of $11,681 (105.2%) compared to $11,099 (1.6%) Sold-Under-Asking price from the previous 30 day period (January 23 - February 21).

The maximum Sold Over/Under Asking ratio in Tillsonburg during the last 12 months was recorded in March, 2022 with an average of $106,811 over the asking price, while the minimum occurring in July, 2022 with $45,000 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 Tillsonburg was 35.7% with 5 properties sold and 12 new properties listed in the past 30 days (February 22 - March 23). This represents a decrease from 41.7% recorded during the previous 30 day period (January 23 - February 21), and a decrease from 100.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Tillsonburg was 100.0% recorded in May and the lowest was in January 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.

The Average Days on the Market (DOM) for 5 properties that were successfully sold in Tillsonburg in the last 30 days (February 22 - March 23) was 56 days, which is 29 days more than 27 days average in the previous 30 day period (January 23 - February 21) and 55 days longer than during the same period a year ago (1 days).

There were 5 delisted properties in Tillsonburg, those that got either Expired, Suspended or Terminated over the last 30 days (February 22 - March 23) with an average of 78 days on the market. This is 24 days longer than the average of 54 days during the previous 30 day period (January 23 - February 21) and 78 days more compared to the same period last year average of 0 days on the market.

5 Tillsonburg properties that didn't sell stayed on the market 39.3% longer than 5 that sucessfully sold over the last 30 days - 56 days when sold vs 78 days when delisted respectively.

Average Days on the Market in Tillsonburg over the past 12 months for properties that have sold was 24.8 days, with 51.4 days for those properties that did not sell.

14 new properties were listed on the market in Tillsonburg in the last 30 days (February 22 - March 23). During the same time 5 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 28.6%).

During the previous 30 day period (January 23 - February 21) there were 12 new properties listed, 5 sold and 19 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was January with 16 new properties listed, the slowest - May with 5 new listings and a yearly average of 9 new listings per month.

There were a total of 11 homes listed during the last 30 days (February 22 - March 23), which is 78.6% of all properties listed in Tillsonburg. This is a 83.3% increase compared with a previous 30 day period (January 23 - February 21) and 83.3% up from the same period a year ago. Over the past year an average of 6 homes are were listed per month.

1 condo units were listed in the last 30 days (February 22 - March 23) in Tillsonburg, which represents 7.1% of all new listings. This is down 66.7% from the prior 30 day period (January 23 - February 21) and 50.0% less compared to the same period last year. There were 2 condos listed per month on average during the last 12 months.

2 townhomes were listed over the last 30 days (February 22 - March 23) in Tillsonburg, which is 14.3% of all new real estate inventory. This is a 33.3% less than during the previous 30 day period (January 23 - February 21) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.

There were a total of 3 homes sold during the last 30 days (February 22 - March 23), which is 60.0% of all properties sold in Tillsonburg. This is a 0.0% decline compared with a previous 30 day period (January 23 - February 21) and 62.5% down from the same period a year ago. Over the past year an average of 3 homes are were sold per month.