Woodbridge Real Estate Statistics

Woodbridge Real Estate Price Trend
Woodbridge real estate average sold price in the last 30 days (March 10 - April 8) was $1,382,089, which is $28,263 (2.0%) lower than the average price of $1,410,352 in the previous 30 day period (February 9 - March 9), and $45,997 (3.3%) up from the same period 1 year ago ($1,336,092). Woodbridge real estate prices over the last 30 days are also $14,734 (1.1%) higher than the average selling price of $1,367,355 over the past year.
Woodbridge average sold price for homes was $1,640,509 in the last 30 days (March 10 - April 8), which is $43,904 (2.7%) down from the average home price of $1,684,413 in the previous 30 day period (February 9 - March 9), and $23,746 (1.4%) higher than the same period 1 year ago ($1,616,763). In the last 30 days Woodbridge the average home price was $17,868 (1.1%) higher than the average selling price of $1,622,641 over the last 12 months.
Average Woodbridge condo sold price over the last 30 days (March 10 - April 8) was $755,132. During this period it was $41,499 (5.5%) up from the average price of condo of $713,633 during the previous 30 days (February 9 - March 9), and $7,042 (0.9%) higher compared to the same period 1 year ago ($748,090). In the last 30 days Woodbridge the average condo price was $35,368 (4.7%) higher than the average selling price of $719,764 over the last year.
Average sold price of Woodbridge townhouse was $951,266 in the last 30 days (March 10 - April 8), down $135,622 (14.3%) from the average townhome price of $1,086,888 over the previous 30 days (February 9 - March 9), and $146,253 (15.4%) lower than during to the same period 1 year ago ($1,097,519). Over the last 30 days the average townhouse price in Woodbridge was $74,139 (7.8%) lower compared to the average selling price of $1,025,405 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Woodbridge real estate was $1,382,089 in the last 30 days (March 10 - April 8), which is collectively $13,335 (0.9%) lower than the average asking price of $1,492,399. This represents a decline of $5,273 (65.4%) compared to $8,062 (0.6%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).
The maximum Sold Over/Under Asking ratio in Woodbridge during the last 12 months was recorded in April, 2023 with an average of $30,399 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 78.0% with 163 properties sold and 219 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 51.1% recorded during the previous 30 day period (February 9 - March 9), and an increase from 60.1% compared to the same period one year ago.
Over the the last year the highest SNLR in Woodbridge was 95.6% recorded in July and the lowest was in September at 28.8%. 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 163 properties that were successfully sold in Woodbridge in the last 30 days (March 10 - April 8) was 20 days, which is 3 days more than 17 days average in the previous 30 day period (February 9 - March 9) and 4 days longer than during the same period a year ago (16 days).
There were 116 delisted properties in Woodbridge, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 53 days on the market. This is 12 days shorter than the average of 65 days during the previous 30 day period (February 9 - March 9) and 1 days more compared to the same period last year average of 52 days on the market.
116 Woodbridge properties that didn't sell stayed on the market 165.0% longer than 163 that sucessfully sold over the last 30 days - 20 days when sold vs 53 days when delisted respectively.
Average Days on the Market in Woodbridge over the past 12 months for properties that have sold was 23.5 days, with 49.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
209 new properties were listed on the market in Woodbridge in the last 30 days (March 10 - April 8). During the same time 163 properties were sold and 116 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 70 properties (or 33.5%).
During the previous 30 day period (February 9 - March 9) there were 219 new properties listed, 112 sold and 70 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 264 new properties listed, the slowest - December with 59 new listings and a yearly average of 196 new listings per month.
New Real Estate Listings by Property Type
There were a total of 133 homes listed during the last 30 days (March 10 - April 8), which is 63.6% of all properties listed in Woodbridge. This is a 1.5% increase compared with a previous 30 day period (February 9 - March 9) and 34.3% up from the same period a year ago. Over the past year an average of 120 homes are were listed per month.
32 condo units were listed in the last 30 days (March 10 - April 8) in Woodbridge, which represents 15.3% of all new listings. This is up 6.7% from the prior 30 day period (February 9 - March 9) and 3.0% less compared to the same period last year. There were 29 condos listed per month on average during the last 12 months.
44 townhomes were listed over the last 30 days (March 10 - April 8) in Woodbridge, which is 21.1% of all new real estate inventory. This is a 24.1% less than during the previous 30 day period (February 9 - March 9) and 13.7% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 46 a month.
Real Estate Sales by Property Type
There were a total of 109 homes sold during the last 30 days (March 10 - April 8), which is 66.9% of all properties sold in Woodbridge. This is a 55.7% increase compared with a previous 30 day period (February 9 - March 9) and 70.3% up from the same period a year ago. Over the past year an average of 74 homes are were sold per month.
25 condo units were sold in the last 30 days (March 10 - April 8) in Woodbridge, which represents 15.3% of all sold properties. This is up 66.7% from the prior 30 day period (February 9 - March 9) and 25.0% more compared to the same period last year. There were 16 condos sold per month on average during the last 12 months.
29 townhomes were sold over the last 30 days (March 10 - April 8) in Woodbridge, which is 17.8% of all sold real estate. This is a 7.4% more than during the previous 30 day period (February 9 - March 9) and 11.5% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 25 a month.
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