Loyalist Real Estate Statistics

Loyalist real estate average sold price in the last 30 days (April 6 - May 5) was $516,633, which is $30,727 (5.9%) lower than the average price of $547,360 in the previous 30 day period (March 7 - April 5), and $35,367 (6.8%) down from the same period 1 year ago ($552,000). Loyalist real estate prices over the last 30 days are also $72,067 (13.9%) lower than the average selling price of $588,700 over the past year.

Loyalist average sold price for homes was $516,633 in the last 30 days (April 6 - May 5), which is $44,567 (8.6%) down from the average home price of $561,200 in the previous 30 day period (March 7 - April 5), and $35,367 (6.8%) lower than the same period 1 year ago ($552,000). In the last 30 days Loyalist the average home price was $90,244 (17.5%) lower than the average selling price of $606,877 over the last 12 months.

Average selling price for Loyalist real estate was $516,633 in the last 30 days (April 6 - May 5), which is collectively $19,999 (3.3%) lower than the average asking price of $606,771. This represents a decline of $10,420 (108.8%) compared to $9,579 (1.4%) Sold-Under-Asking price from the previous 30 day period (March 7 - April 5).

The maximum Sold Over/Under Asking ratio in Loyalist during the last 12 months was recorded in December, 2023 with an average of $0 over the asking price, while the minimum occurring in January, 2024 with $39,000 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 Loyalist was 27.3% with 3 properties sold and 7 new properties listed in the past 30 days (April 6 - May 5). This represents a decrease from 71.4% recorded during the previous 30 day period (March 7 - April 5), and a decrease from 33.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Loyalist was 57.1% recorded in March and the lowest was in December 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 3 properties that were successfully sold in Loyalist in the last 30 days (April 6 - May 5) was 30 days, which is 6 days less than 36 days average in the previous 30 day period (March 7 - April 5) and 8 days longer than during the same period a year ago (22 days).

There were 6 delisted properties in Loyalist, those that got either Expired, Suspended or Terminated over the last 30 days (April 6 - May 5) with an average of 78 days on the market. This is 38 days longer than the average of 40 days during the previous 30 day period (March 7 - April 5) and 45 days more compared to the same period last year average of 33 days on the market.

6 Loyalist properties that didn't sell stayed on the market 160.0% longer than 3 that sucessfully sold over the last 30 days - 30 days when sold vs 78 days when delisted respectively.

Average Days on the Market in Loyalist over the past 12 months for properties that have sold was 40.3 days, with 61.8 days for those properties that did not sell.

11 new properties were listed on the market in Loyalist in the last 30 days (April 6 - May 5). During the same time 3 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 18.2%).

During the previous 30 day period (March 7 - April 5) there were 7 new properties listed, 5 sold and 7 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was February with 12 new properties listed, the slowest - December with 4 new listings and a yearly average of 7 new listings per month.

There were a total of 10 homes listed during the last 30 days (April 6 - May 5), which is 90.9% of all properties listed in Loyalist. This is a 66.7% increase compared with a previous 30 day period (March 7 - April 5) and 100.0% up from the same period a year ago. Over the past year an average of 6 homes are were listed per month.

1 townhomes were listed over the last 30 days (April 6 - May 5) in Loyalist, which is 9.1% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (March 7 - April 5) and 0.0% decrease 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 (April 6 - May 5), which is 100.0% of all properties sold in Loyalist. This is a 25.0% decline compared with a previous 30 day period (March 7 - April 5) and 50.0% up from the same period a year ago. Over the past year an average of 2 homes are were sold per month.