Tillsonburg Real Estate Statistics

Tillsonburg real estate average sold price in the last 30 days (March 27 - April 25) was $607,113, which is $10,426 (1.7%) higher than the average price of $596,687 in the previous 30 day period (February 26 - March 26), and $126,029 (20.8%) down from the same period 1 year ago ($733,142). Tillsonburg real estate prices over the last 30 days are also $9,595 (1.6%) higher than the average selling price of $597,518 over the past year.

Tillsonburg average sold price for homes was $635,135 in the last 30 days (March 27 - April 25), which is $79,490 (12.5%) down from the average home price of $714,625 in the previous 30 day period (February 26 - March 26), and $84,865 (13.4%) lower than the same period 1 year ago ($720,000). In the last 30 days Tillsonburg the average home price was $2,203 (0.3%) lower than the average selling price of $637,338 over the last 12 months.

Average selling price for Tillsonburg real estate was $607,113 in the last 30 days (March 27 - April 25), which is collectively $23,079 (3.0%) lower than the average asking price of $760,972. This represents a decline of $11,555 (100.3%) compared to $11,524 (1.7%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 26).

The maximum Sold Over/Under Asking ratio in Tillsonburg during the last 12 months was recorded in July, 2023 with an average of $36,220 over the asking price, while the minimum occurring in June, 2023 with $96,958 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 400.0% with 44 properties sold and 6 new properties listed in the past 30 days (March 27 - April 25). This represents an increase from 266.7% recorded during the previous 30 day period (February 26 - March 26), and an increase from 70.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Tillsonburg was 8,528.6% recorded in January and the lowest was in September at 21.4%. 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 44 properties that were successfully sold in Tillsonburg in the last 30 days (March 27 - April 25) was 77 days, which is 43 days more than 34 days average in the previous 30 day period (February 26 - March 26) and 7 days shorter than during the same period a year ago (84 days).

There were 12 delisted properties in Tillsonburg, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 71 days on the market. This is 24 days shorter than the average of 95 days during the previous 30 day period (February 26 - March 26) and 20 days less compared to the same period last year average of 91 days on the market.

12 Tillsonburg properties that didn't sell stayed on the market 7.8% longer than 44 that sucessfully sold over the last 30 days - 77 days when sold vs 71 days when delisted respectively.

Average Days on the Market in Tillsonburg over the past 12 months for properties that have sold was 44.6 days, with 73.7 days for those properties that did not sell.

11 new properties were listed on the market in Tillsonburg in the last 30 days (March 27 - April 25). During the same time 44 properties were sold and 12 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 45 properties (or 409.1%).

During the previous 30 day period (February 26 - March 26) there were 6 new properties listed, 16 sold and 114 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 14 new properties listed, the slowest - December with 1 new listings and a yearly average of 8 new listings per month.

There were a total of 6 homes listed during the last 30 days (March 27 - April 25), which is 54.5% of all properties listed in Tillsonburg. This is a 100.0% increase compared with a previous 30 day period (February 26 - March 26) and 40.0% down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.

There were a total of 31 homes sold during the last 30 days (March 27 - April 25), which is 70.5% of all properties sold in Tillsonburg. This is a 287.5% increase compared with a previous 30 day period (February 26 - March 26) and 416.7% up from the same period a year ago. Over the past year an average of 82 homes are were sold per month.