Lambton Shores Real Estate Statistics
Lambton Shores Real Estate Price Trend
Lambton Shores real estate average sold price in the last 30 days (January 21 - February 19) was $548,016, which is $106,140 (19.4%) lower than the average price of $654,156 in the previous 30 day period (December 22 - January 20), and $246,398 (45.0%) up from the same period 1 year ago ($301,618). Lambton Shores real estate prices over the last 30 days are also $140,124 (25.6%) lower than the average selling price of $688,140 over the past year.
Lambton Shores average sold price for homes was $586,691 in the last 30 days (January 21 - February 19), which is $99,679 (17.0%) down from the average home price of $686,370 in the previous 30 day period (December 22 - January 20), and $282,406 (48.1%) higher than the same period 1 year ago ($304,285). In the last 30 days Lambton Shores the average home price was $122,385 (20.9%) lower than the average selling price of $709,076 over the last 12 months.
Average Lambton Shores condo sold price over the last 30 days (January 21 - February 19) was $340,000. During this period it was $97,500 (28.7%) down from the average price of condo of $437,500 during the previous 30 days (December 22 - January 20), and $185,325 (54.5%) higher compared to the same period 1 year ago ($154,675). In the last 30 days Lambton Shores the average condo price was $52,646 (15.5%) higher than the average selling price of $287,354 over the last year.
Average sold price of Lambton Shores townhouse was $536,000 in the last 30 days (January 21 - February 19), up $177,667 (33.1%) from the average townhome price of $358,333 over the previous 30 days (December 22 - January 20), and $235,252 (43.9%) higher than during to the same period 1 year ago ($300,748). Over the last 30 days the average townhouse price in Lambton Shores was $977 (0.2%) higher compared to the average selling price of $535,023 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Lambton Shores real estate was $548,016 in the last 30 days (January 21 - February 19), which is collectively $14,461 (2.0%) lower than the average asking price of $718,133. This represents an increase of $50,249 (77.7%) compared to $64,710 (8.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Lambton Shores during the last 12 months was recorded in October, 2024 with an average of $18,200 under the asking price, while the minimum occurring in January, 2025 with $61,641 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 Lambton Shores was 37.5% with 9 properties sold and 46 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 100.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 162,500.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Lambton Shores was 321.4% recorded in June and the lowest was in November at 52.4%. 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 9 properties that were successfully sold in Lambton Shores in the last 30 days (January 21 - February 19) was 67 days, which is 4 days less than 71 days average in the previous 30 day period (December 22 - January 20) and 27 days longer than during the same period a year ago (40 days).
There were 14 delisted properties in Lambton Shores, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 98 days on the market. This is 22 days shorter than the average of 120 days during the previous 30 day period (December 22 - January 20) and 13 days less compared to the same period last year average of 111 days on the market.
14 Lambton Shores properties that didn't sell stayed on the market 46.3% longer than 9 that sucessfully sold over the last 30 days - 67 days when sold vs 98 days when delisted respectively.
Average Days on the Market in Lambton Shores over the past 12 months for properties that have sold was 55.0 days, with 103.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
24 new properties were listed on the market in Lambton Shores in the last 30 days (January 21 - February 19). During the same time 9 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 4.2%).
During the previous 30 day period (December 22 - January 20) there were 46 new properties listed, 46 sold and 95 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was January with 51 new properties listed, the slowest - June with 14 new listings and a yearly average of 26 new listings per month.
New Real Estate Listings by Property Type
There were a total of 22 homes listed during the last 30 days (January 21 - February 19), which is 91.7% of all properties listed in Lambton Shores. This is a 38.9% decline compared with a previous 30 day period (December 22 - January 20) and 2,100.0% up from the same period a year ago. Over the past year an average of 22 homes are were listed per month.
2 townhomes were listed over the last 30 days (January 21 - February 19) in Lambton Shores, which is 8.3% of all new real estate inventory. This is a 71.4% less than during the previous 30 day period (December 22 - January 20) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.
Real Estate Sales by Property Type
There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 66.7% of all properties sold in Lambton Shores. This is a 85.4% decline compared with a previous 30 day period (December 22 - January 20) and 99.8% down from the same period a year ago. Over the past year an average of 26 homes are were sold per month.
1 condo units were sold in the last 30 days (January 21 - February 19) in Lambton Shores, which represents 11.1% of all sold properties. This is down 50.0% from the prior 30 day period (December 22 - January 20) and 98.1% less compared to the same period last year. There were 2 condos sold per month on average during the last 12 months.
2 townhomes were sold over the last 30 days (January 21 - February 19) in Lambton Shores, which is 22.2% of all sold real estate. This is a 33.3% less than during the previous 30 day period (December 22 - January 20) and 98.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.