Leamington Real Estate Statistics

Leamington real estate average sold price in the last 30 days (March 10 - April 8) was $1,100,000, which is $118,000 (10.7%) higher than the average price of $982,000 in the previous 30 day period (February 9 - March 9), and $185,000 (16.8%) down from the same period 1 year ago ($1,285,000). Leamington real estate prices over the last 30 days are also $724,126 (65.8%) higher than the average selling price of $375,874 over the past year.

Leamington average sold price for homes was $1,100,000 in the last 30 days (March 10 - April 8), which is $118,000 (10.7%) up from the average home price of $982,000 in the previous 30 day period (February 9 - March 9), and $185,000 (16.8%) lower than the same period 1 year ago ($1,285,000). In the last 30 days Leamington the average home price was $724,126 (65.8%) higher than the average selling price of $375,874 over the last 12 months.

Average selling price for Leamington real estate was $1,100,000 in the last 30 days (March 10 - April 8), which is collectively $99,999 (12.6%) lower than the average asking price of $793,266. This represents a decline of $31,999 (47.1%) compared to $68,000 (8.5%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).

The maximum Sold Over/Under Asking ratio in Leamington during the last 12 months was recorded in May, 2023 with an average of $0 over the asking price, while the minimum occurring in August, 2023 with $199,500 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 Leamington was 33.3% with 1 properties sold and 1 new properties listed in the past 30 days (March 10 - April 8). This represents a decrease from 100.0% recorded during the previous 30 day period (February 9 - March 9), and a decrease from ∞ compared to the same period one year ago.

Over the the last year the highest SNLR in Leamington was 100.0% recorded in August and the lowest was in April 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 1 properties that were successfully sold in Leamington in the last 30 days (March 10 - April 8) was 99 days, which is 70 days more than 29 days average in the previous 30 day period (February 9 - March 9) and 53 days longer than during the same period a year ago (46 days).

There were 6 delisted properties in Leamington, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 121 days on the market. This is 14 days longer than the average of 107 days during the previous 30 day period (February 9 - March 9) and 1 days more compared to the same period last year average of 120 days on the market.

6 Leamington properties that didn't sell stayed on the market 22.2% longer than 1 that sucessfully sold over the last 30 days - 99 days when sold vs 121 days when delisted respectively.

Average Days on the Market in Leamington over the past 12 months for properties that have sold was 13.4 days, with 89.9 days for those properties that did not sell.

3 new properties were listed on the market in Leamington in the last 30 days (March 10 - April 8). During the same time 1 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 133.3%).

During the previous 30 day period (February 9 - March 9) there were 1 new properties listed, 1 sold and 9 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 4 new properties listed, the slowest - April with 0 new listings and a yearly average of 1 new listings per month.

There were a total of 1 homes sold during the last 30 days (March 10 - April 8), which is 100.0% of all properties sold in Leamington. This is a 0.0% decline compared with a previous 30 day period (February 9 - March 9) and 50.0% down from the same period a year ago. Over the past year an average of 1 homes are were sold per month.