Strathroy-Caradoc Real Estate Statistics

Strathroy-Caradoc real estate average sold price in the last 30 days (January 21 - February 19) was $717,492, which is $123,911 (17.3%) higher than the average price of $593,581 in the previous 30 day period (December 22 - January 20), and $270,637 (37.7%) up from the same period 1 year ago ($446,855). Strathroy-Caradoc real estate prices over the last 30 days are also $75,494 (10.5%) higher than the average selling price of $641,998 over the past year.

Strathroy-Caradoc average sold price for homes was $723,733 in the last 30 days (January 21 - February 19), which is $122,960 (17.0%) up from the average home price of $600,773 in the previous 30 day period (December 22 - January 20), and $280,140 (38.7%) higher than the same period 1 year ago ($443,593). In the last 30 days Strathroy-Caradoc the average home price was $59,262 (8.2%) higher than the average selling price of $664,471 over the last 12 months.

Average sold price of Strathroy-Caradoc townhouse was $609,000 in the last 30 days (January 21 - February 19), up $57,673 (9.5%) from the average townhome price of $551,327 over the previous 30 days (December 22 - January 20), and $80,101 (13.2%) higher than during to the same period 1 year ago ($528,899). Over the last 30 days the average townhouse price in Strathroy-Caradoc was $113,264 (18.6%) higher compared to the average selling price of $495,736 over the last 12 months.

Average selling price for Strathroy-Caradoc real estate was $717,492 in the last 30 days (January 21 - February 19), which is collectively $22,054 (3.1%) lower than the average asking price of $716,510. This represents an increase of $41,399 (65.2%) compared to $63,453 (8.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Strathroy-Caradoc during the last 12 months was recorded in September, 2024 with an average of $1,759 under the asking price, while the minimum occurring in January, 2025 with $57,880 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 Strathroy-Caradoc was 66.0% with 31 properties sold and 32 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 171.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 38,400.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Strathroy-Caradoc was 562.5% recorded in April and the lowest was in September at 38.8%. 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 31 properties that were successfully sold in Strathroy-Caradoc in the last 30 days (January 21 - February 19) was 44 days, which is 21 days less than 65 days average in the previous 30 day period (December 22 - January 20) and 15 days longer than during the same period a year ago (29 days).

There were 18 delisted properties in Strathroy-Caradoc, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 73 days on the market. This is 42 days shorter than the average of 115 days during the previous 30 day period (December 22 - January 20) and 7 days more compared to the same period last year average of 66 days on the market.

18 Strathroy-Caradoc properties that didn't sell stayed on the market 65.9% longer than 31 that sucessfully sold over the last 30 days - 44 days when sold vs 73 days when delisted respectively.

Average Days on the Market in Strathroy-Caradoc over the past 12 months for properties that have sold was 37.1 days, with 78.5 days for those properties that did not sell.

47 new properties were listed on the market in Strathroy-Caradoc in the last 30 days (January 21 - February 19). During the same time 31 properties were sold and 18 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 4.3%).

During the previous 30 day period (December 22 - January 20) there were 32 new properties listed, 55 sold and 74 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 54 new properties listed, the slowest - December with 13 new listings and a yearly average of 36 new listings per month.

There were a total of 42 homes listed during the last 30 days (January 21 - February 19), which is 89.4% of all properties listed in Strathroy-Caradoc. This is a 35.5% increase compared with a previous 30 day period (December 22 - January 20) and 740.0% up from the same period a year ago. Over the past year an average of 34 homes are were listed per month.

There were a total of 29 homes sold during the last 30 days (January 21 - February 19), which is 93.5% of all properties sold in Strathroy-Caradoc. This is a 38.3% decline compared with a previous 30 day period (December 22 - January 20) and 98.4% down from the same period a year ago. Over the past year an average of 51 homes are were sold per month.

1 townhomes were sold over the last 30 days (January 21 - February 19) in Strathroy-Caradoc, which is 3.2% of all sold real estate. This is a 87.5% less than during the previous 30 day period (December 22 - January 20) and 98.6% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 8 a month.