Loyalist Real Estate Statistics

Loyalist real estate average sold price in the last 30 days (January 21 - February 19) was $588,040, which is $69,118 (11.8%) lower than the average price of $657,158 in the previous 30 day period (December 22 - January 20), and $53,874 (9.2%) up from the same period 1 year ago ($534,166). Loyalist real estate prices over the last 30 days are also $4,323 (0.7%) higher than the average selling price of $583,717 over the past year.

Loyalist average sold price for homes was $596,925 in the last 30 days (January 21 - February 19), which is $71,611 (12.0%) down from the average home price of $668,536 in the previous 30 day period (December 22 - January 20), and $62,759 (10.5%) higher than the same period 1 year ago ($534,166). In the last 30 days Loyalist the average home price was $12,859 (2.2%) higher than the average selling price of $584,066 over the last 12 months.

Average selling price for Loyalist real estate was $588,040 in the last 30 days (January 21 - February 19), which is collectively $9,750 (1.6%) lower than the average asking price of $623,205. This represents an increase of $2,231 (18.6%) compared to $11,981 (1.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Loyalist during the last 12 months was recorded in June, 2024 with an average of $12,700 over the asking price, while the minimum occurring in September, 2024 with $22,575 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 16.7% with 10 properties sold and 26 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 384.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 21.4% compared to the same period one year ago.

Over the the last year the highest SNLR in Loyalist was 2,531.2% recorded in December and the lowest was in July at 11.1%. 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 10 properties that were successfully sold in Loyalist in the last 30 days (January 21 - February 19) was 29 days, which is 4 days more than 25 days average in the previous 30 day period (December 22 - January 20) and 53 days shorter than during the same period a year ago (82 days).

There were 33 delisted properties in Loyalist, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 107 days on the market. This is 14 days shorter than the average of 121 days during the previous 30 day period (December 22 - January 20) and 39 days more compared to the same period last year average of 68 days on the market.

33 Loyalist properties that didn't sell stayed on the market 269.0% longer than 10 that sucessfully sold over the last 30 days - 29 days when sold vs 107 days when delisted respectively.

Average Days on the Market in Loyalist over the past 12 months for properties that have sold was 33.1 days, with 77.1 days for those properties that did not sell.

60 new properties were listed on the market in Loyalist in the last 30 days (January 21 - February 19). During the same time 10 properties were sold and 33 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 17 properties (or 28.3%).

During the previous 30 day period (December 22 - January 20) there were 26 new properties listed, 100 sold and 21 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 130 new properties listed, the slowest - April with 7 new listings and a yearly average of 29 new listings per month.

There were a total of 45 homes listed during the last 30 days (January 21 - February 19), which is 75.0% of all properties listed in Loyalist. This is a 95.7% increase compared with a previous 30 day period (December 22 - January 20) and 246.2% up from the same period a year ago. Over the past year an average of 26 homes are were listed per month.

15 townhomes were listed over the last 30 days (January 21 - February 19) in Loyalist, which is 25.0% of all new real estate inventory. This is a 400.0% more than during the previous 30 day period (December 22 - January 20) and 1,400.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.

There were a total of 8 homes sold during the last 30 days (January 21 - February 19), which is 80.0% of all properties sold in Loyalist. This is a 91.5% decline compared with a previous 30 day period (December 22 - January 20) and 166.7% up from the same period a year ago. Over the past year an average of 136 homes are were sold per month.