Woodbridge Real Estate Statistics
Woodbridge Real Estate Price Trend
Woodbridge real estate average sold price in the last 30 days (October 21 - November 19) was $1,314,845, which is $29,262 (2.2%) lower than the average price of $1,344,107 in the previous 30 day period (September 21 - October 20), and $25,712 (2.0%) up from the same period 1 year ago ($1,289,133). Woodbridge real estate prices over the last 30 days are also $45,818 (3.5%) lower than the average selling price of $1,360,663 over the past year.
Woodbridge average sold price for homes was $1,500,866 in the last 30 days (October 21 - November 19), which is $95,514 (6.4%) down from the average home price of $1,596,380 in the previous 30 day period (September 21 - October 20), and $168,384 (11.2%) lower than the same period 1 year ago ($1,669,250). In the last 30 days Woodbridge the average home price was $106,952 (7.1%) lower than the average selling price of $1,607,818 over the last 12 months.
Average Woodbridge condo sold price over the last 30 days (October 21 - November 19) was $662,825. During this period it was $51,636 (7.8%) down from the average price of condo of $714,461 during the previous 30 days (September 21 - October 20), and $52,464 (7.9%) lower compared to the same period 1 year ago ($715,289). In the last 30 days Woodbridge the average condo price was $47,830 (7.2%) lower than the average selling price of $710,655 over the last year.
Average sold price of Woodbridge townhouse was $1,007,102 in the last 30 days (October 21 - November 19), down $1,880 (0.2%) from the average townhome price of $1,008,982 over the previous 30 days (September 21 - October 20), and $23,589 (2.3%) higher than during to the same period 1 year ago ($983,513). Over the last 30 days the average townhouse price in Woodbridge was $19,918 (2.0%) lower compared to the average selling price of $1,027,020 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Woodbridge real estate was $1,314,845 in the last 30 days (October 21 - November 19), which is collectively $28,360 (1.8%) lower than the average asking price of $1,594,129. This represents an increase of $15,444 (35.3%) compared to $43,804 (2.8%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Woodbridge during the last 12 months was recorded in July, 2024 with an average of $6,583 over the asking price, while the minimum occurring in December, 2023 with $61,528 below the asking price.
Sales to New Listings Ratio
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 Woodbridge was 57.4% with 139 properties sold and 266 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 37.2% recorded during the previous 30 day period (September 21 - October 20), and an increase from 48.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Woodbridge was 86.4% recorded in December and the lowest was in September at 25.7%. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 139 properties that were successfully sold in Woodbridge in the last 30 days (October 21 - November 19) was 29 days, which is 4 days more than 25 days average in the previous 30 day period (September 21 - October 20) and 5 days longer than during the same period a year ago (24 days).
There were 185 delisted properties in Woodbridge, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 49 days on the market. This is 2 days shorter than the average of 51 days during the previous 30 day period (September 21 - October 20) and 3 days more compared to the same period last year average of 46 days on the market.
185 Woodbridge properties that didn't sell stayed on the market 69.0% longer than 139 that sucessfully sold over the last 30 days - 29 days when sold vs 49 days when delisted respectively.
Average Days on the Market in Woodbridge over the past 12 months for properties that have sold was 25.8 days, with 54.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
242 new properties were listed on the market in Woodbridge in the last 30 days (October 21 - November 19). During the same time 139 properties were sold and 185 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 82 properties (or 33.9%).
During the previous 30 day period (September 21 - October 20) there were 266 new properties listed, 99 sold and 180 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 321 new properties listed, the slowest - December with 59 new listings and a yearly average of 225 new listings per month.
New Real Estate Listings by Property Type
There were a total of 161 homes listed during the last 30 days (October 21 - November 19), which is 66.5% of all properties listed in Woodbridge. This is a 10.1% decline compared with a previous 30 day period (September 21 - October 20) and 22.0% up from the same period a year ago. Over the past year an average of 145 homes are were listed per month.
30 condo units were listed in the last 30 days (October 21 - November 19) in Woodbridge, which represents 12.4% of all new listings. This is down 23.1% from the prior 30 day period (September 21 - October 20) and 3.4% more compared to the same period last year. There were 30 condos listed per month on average during the last 12 months.
51 townhomes were listed over the last 30 days (October 21 - November 19) in Woodbridge, which is 21.1% of all new real estate inventory. This is a 6.2% more than during the previous 30 day period (September 21 - October 20) and 10.9% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 50 a month.
Real Estate Sales by Property Type
There were a total of 95 homes sold during the last 30 days (October 21 - November 19), which is 68.3% of all properties sold in Woodbridge. This is a 50.8% increase compared with a previous 30 day period (September 21 - October 20) and 82.7% up from the same period a year ago. Over the past year an average of 67 homes are were sold per month.
12 condo units were sold in the last 30 days (October 21 - November 19) in Woodbridge, which represents 8.6% of all sold properties. This is down 7.7% from the prior 30 day period (September 21 - October 20) and 36.8% less compared to the same period last year. There were 14 condos sold per month on average during the last 12 months.
32 townhomes were sold over the last 30 days (October 21 - November 19) in Woodbridge, which is 23.0% of all sold real estate. This is a 39.1% more than during the previous 30 day period (September 21 - October 20) and 10.3% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 24 a month.