Municipality
St. Thomas Real Estate
Elgin Region
307Active
1,611Sold
245Leased
14Buildings
1Communities
—
No listings found.
Page 1 of 12 (268 total)
St. Thomas Market
Updated Aug 22, 2026
Condos
Median sale price
$527K
Median PSF (est.)▲ 4.8%
$428/sqft
Price trend
Sold last 90 days
6
Active listings
14
Months of inventory
7.0
Avg days on market
102
Sale-to-list ratio
97.39%
Absorption rate
14.3%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 53.85% · End-user: 46.15% (from 6 sales, 7 leases)
Price reductions (90d)
Price-reduction rate: 16.67%
Avg reduction: $26,500 (5.05%)
Monthly reduction trend
2024-10: 50.0% (4 listings) · avg $27,450
2024-12: 33.3% (3 listings) · avg $20,000
2025-02: 33.3% (3 listings) · avg $20,000
2025-07: 66.7% (3 listings) · avg $10,000
2025-10: 50.0% (6 listings) · avg $21,400
Re-entries (past 12 months)
Re-entries: 1 of 36 sold · rate 2.78%
Avg price change: -$9,000 (-1.22%)
Supply vs demand by unit type (90d)
Sample: 14 active listings · 6 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 3 active / 0 sold · mismatch +21.43%
2br: 7 active / 3 sold · mismatch +0.00%
3br: 4 active / 3 sold · mismatch -21.43%
Concession pattern by unit type (90d)
2br (18 sales) — 88.89% closed with concessions, avg 3.04% below ask
3br (18 sales) — 88.89% closed with concessions, avg 2.83% below ask
Seasonality (annual pattern)
Historically strongest months: Nov, Jan, Sep
Historically weakest months: Jun, May, Apr
Annual averages: DOM 66.4d · sale-to-list 97.39% (n=36)
Monthly detail
Jan · 3 sales · DOM 42.0d · STL 96.81%
Feb · 3 sales · DOM 66.0d · STL 96.38%
Apr · 1 sales · DOM 174.0d · STL 95.67%
May · 2 sales · DOM 119.5d · STL 96.87%
Jun · 2 sales · DOM 105.5d · STL 97.79%
Jul · 5 sales · DOM 66.2d · STL 98.73%
Aug · 3 sales · DOM 51.7d · STL 97.94%
Sep · 1 sales · DOM 44.0d · STL 98.67%
Oct · 10 sales · DOM 65.3d · STL 96.96%
Nov · 1 sales · DOM 8.0d · STL 99.47%
Dec · 5 sales · DOM 50.0d · STL 97.30%
Homes
Median sale price
$520K
Median PSF (est.)▼ 7.4%
$392/sqft
Price trend
Sold last 90 days
171
Active listings
243
Months of inventory
3.6
Avg days on market
47
Sale-to-list ratio
98.02%
Absorption rate
28.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 15.76% · End-user: 84.24% (from 171 sales, 32 leases)
Price reductions (90d)
Price-reduction rate: 29.24%
Avg reduction: $35,843 (5.66%)
Monthly reduction trend
2024-08: 33.3% (21 listings) · avg $37,171
2024-09: 25.5% (51 listings) · avg $33,231
2024-10: 16.4% (61 listings) · avg $28,260
2024-11: 19.6% (51 listings) · avg $31,271
2024-12: 34.1% (41 listings) · avg $25,893
2025-01: 23.7% (38 listings) · avg $36,467
2025-02: 43.3% (30 listings) · avg $27,646
2025-03: 27.4% (51 listings) · avg $27,064
2025-04: 35.6% (45 listings) · avg $21,204
2025-05: 25.0% (60 listings) · avg $27,647
2025-06: 19.2% (73 listings) · avg $27,264
2025-07: 28.4% (67 listings) · avg $19,854
2025-08: 31.4% (86 listings) · avg $21,853
2025-09: 35.1% (57 listings) · avg $23,527
2025-10: 28.9% (52 listings) · avg $5,037,353
2025-11: 30.6% (49 listings) · avg $15,616
2025-12: 22.7% (44 listings) · avg $46,560
2026-01: 16.3% (43 listings) · avg $28,614
2026-02: 22.9% (35 listings) · avg $35,113
2026-03: 18.4% (38 listings) · avg $28,686
2026-04: 25.0% (44 listings) · avg $23,998
2026-05: 40.9% (44 listings) · avg $34,449
2026-06: 22.8% (57 listings) · avg $38,311
2026-07: 34.5% (58 listings) · avg $36,510
2026-08: 24.4% (41 listings) · avg $30,387
Re-entries (past 12 months)
Re-entries: 18 of 1,237 sold · rate 1.46%
Avg price change: +$50,917 (+16.87%)
Seasonality (annual pattern)
Historically strongest months: Nov, Oct, Sep
Historically weakest months: Feb, Apr, Mar
Annual averages: DOM 39.2d · sale-to-list 98.02% (n=1,237)
Monthly detail
Jan · 81 sales · DOM 38.5d · STL 98.12%
Feb · 65 sales · DOM 45.9d · STL 96.44%
Mar · 89 sales · DOM 50.7d · STL 97.98%
Apr · 89 sales · DOM 47.0d · STL 98.12%
May · 104 sales · DOM 41.7d · STL 98.29%
Jun · 130 sales · DOM 40.3d · STL 98.75%
Jul · 125 sales · DOM 39.7d · STL 98.38%
Aug · 148 sales · DOM 35.1d · STL 97.96%
Sep · 108 sales · DOM 33.9d · STL 97.85%
Oct · 113 sales · DOM 32.6d · STL 97.93%
Nov · 100 sales · DOM 31.2d · STL 98.07%
Dec · 85 sales · DOM 41.0d · STL 97.42%
Communities in St. Thomas
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About St. Thomas Real Estate
Discover real estate in St. Thomas, located in Elgin. With 307 active listings across 14 condo buildings, find condos, townhouses, and detached homes with comprehensive market intelligence, price history, and investment analysis.
St. Thomas has seen 1,856 completed transactions recently, with 1,611 sold and 245 leased properties providing rich comparable data for accurate valuations.