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

Quarterly

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

Quarterly

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

Quarterly

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

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.