The 3rd Quarter Edition (July-Sept) of our Stratford Real Estate Market Report will examine:
- Number of Sales
- Average Sale Price
- Price Per Square Foot ($/SQFT)
- Days on Market
- List Price to Sale Price Ratio
Summary
Current Average Sale Prices (Q3 2022):
- Detached Home: $686,601
- Semi-Detached Home: $497,284
- Townhouse: $595,278
- Condominium: $602,491
1-Year Trends
Examined both Monthly & Quarterly
In Stratford, quarterly data is a much more accurate picture of the true market trends, due to the low number of sales in some months.
Average Sale Prices
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
Missing inputs due to lack of sales or single outlier skewing the data.
Third quarter (July-Sept) year-over-year change from 2021 to 2022:
Detached Home: +4.0%
Semi-Detached Home: -18.0%
Townhouse: +14.3%
Condominium: +41.4%
Number of Sales
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
Missing inputs due to lack of sales or single outlier skewing the data.
Third quarter (July-Sept) year-over-year change from 2021 to 2022:
Detached Home: -17.0%
Semi-Detached Home: -34.6%
Townhouse: -33.3%
Condominium: +8.3%
Price Per Square Foot ($/SQFT)
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
Missing inputs due to lack of sales or single outlier skewing the data.
Third quarter (July-Sept) year-over-year change from 2021 to 2022:
Detached Home: +15.1%
Semi-Detached Home: -4.2%
Townhouse: -8.6%
Condominium: +23.7%
Percentage Sold Above Asking Price
Monthly
Missing inputs due to lack of sales or single outlier skewing the data.
Quarterly
Third quarter (July-Sept) year-over-year change from 2021 to 2022:
Detached Home: -10.1%
Semi-Detached Home: -10.0%
Townhouse: -6.8%
Condominium: -2.4%
Days to Sell (Median)
Monthly
Quarterly
- The amount of days a home is selling in has remained fairly consistent for Townhomes. Detached and Semi Attached have increased by 1 week and Condos have increased from 2 to 5 weeks.
All statistics gathered independently from Huron Perth Association of REALTORS®.
This publication is not to be copied or duplicated without the express written permission of Roxanne Finn or Claxton Finn.
This publication is not intended to solicit buyers or sellers currently under contract with a brokerage.
