Etobicoke Real Estate Statistics

Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (February 17 - March 17) was $1,004,367, which is $18,790 (1.9%) higher than the average price of $985,577 in the previous 30 day period (January 18 - February 16), and $28,283 (2.8%) up from the same period 1 year ago ($976,084). Etobicoke real estate prices over the last 30 days are also $3,990 (0.4%) lower than the average selling price of $1,008,357 over the past year.
Etobicoke average sold price for homes was $1,476,341 in the last 30 days (February 17 - March 17), which is $29,042 (2.0%) up from the average home price of $1,447,299 in the previous 30 day period (January 18 - February 16), and $53,353 (3.6%) lower than the same period 1 year ago ($1,529,694). In the last 30 days Etobicoke the average home price was $6,340 (0.4%) higher than the average selling price of $1,470,001 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (February 17 - March 17) was $617,555. During this period it was $11,758 (1.9%) down from the average price of condo of $629,313 during the previous 30 days (January 18 - February 16), and $20,672 (3.3%) lower compared to the same period 1 year ago ($638,227). In the last 30 days Etobicoke the average condo price was $39,736 (6.4%) lower than the average selling price of $657,291 over the last year.
Average sold price of Etobicoke townhouse was $967,303 in the last 30 days (February 17 - March 17), up $131,270 (13.6%) from the average townhome price of $836,033 over the previous 30 days (January 18 - February 16), and $21,230 (2.2%) lower than during to the same period 1 year ago ($988,533). Over the last 30 days the average townhouse price in Etobicoke was $37,395 (3.9%) higher compared to the average selling price of $929,908 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $1,004,367 in the last 30 days (February 17 - March 17), which is collectively $1,102 (0.1%) higher than the average asking price of $1,002,802. This represents an increase of $14,612 (108.2%) compared to $13,510 (1.3%) Sold-Under-Asking price from the previous 30 day period (January 18 - February 16).
The maximum Sold Over/Under Asking ratio in Etobicoke during the last 12 months was recorded in April, 2023 with an average of $18,908 over the asking price, while the minimum occurring in December, 2023 with $37,356 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 Etobicoke was 52.6% with 334 properties sold and 542 new properties listed in the past 30 days (February 17 - March 17). This represents a decrease from 57.0% recorded during the previous 30 day period (January 18 - February 16), and a decrease from 63.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Etobicoke was 102.1% recorded in July and the lowest was in September at 35.1%. 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 334 properties that were successfully sold in Etobicoke in the last 30 days (February 17 - March 17) was 24 days, which is 8 days less than 32 days average in the previous 30 day period (January 18 - February 16) and 1 days shorter than during the same period a year ago (25 days).
There were 278 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (February 17 - March 17) with an average of 57 days on the market. This is 15 days shorter than the average of 72 days during the previous 30 day period (January 18 - February 16) and 8 days more compared to the same period last year average of 49 days on the market.
278 Etobicoke properties that didn't sell stayed on the market 137.5% longer than 334 that sucessfully sold over the last 30 days - 24 days when sold vs 57 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 23.4 days, with 51.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
635 new properties were listed on the market in Etobicoke in the last 30 days (February 17 - March 17). During the same time 334 properties were sold and 278 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 23 properties (or 3.6%).
During the previous 30 day period (January 18 - February 16) there were 542 new properties listed, 309 sold and 298 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 881 new properties listed, the slowest - December with 199 new listings and a yearly average of 574 new listings per month.
New Real Estate Listings by Property Type
There were a total of 206 homes listed during the last 30 days (February 17 - March 17), which is 32.4% of all properties listed in Etobicoke. This is a 25.6% increase compared with a previous 30 day period (January 18 - February 16) and 23.4% up from the same period a year ago. Over the past year an average of 207 homes are were listed per month.
369 condo units were listed in the last 30 days (February 17 - March 17) in Etobicoke, which represents 58.1% of all new listings. This is up 13.9% from the prior 30 day period (January 18 - February 16) and 34.7% more compared to the same period last year. There were 313 condos listed per month on average during the last 12 months.
60 townhomes were listed over the last 30 days (February 17 - March 17) in Etobicoke, which is 9.4% of all new real estate inventory. This is a 11.1% more than during the previous 30 day period (January 18 - February 16) and 11.1% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 54 a month.
Real Estate Sales by Property Type
There were a total of 137 homes sold during the last 30 days (February 17 - March 17), which is 41.0% of all properties sold in Etobicoke. This is a 7.9% increase compared with a previous 30 day period (January 18 - February 16) and 26.9% up from the same period a year ago. Over the past year an average of 139 homes are were sold per month.
164 condo units were sold in the last 30 days (February 17 - March 17) in Etobicoke, which represents 49.1% of all sold properties. This is up 7.9% from the prior 30 day period (January 18 - February 16) and 7.9% less compared to the same period last year. There were 172 condos sold per month on average during the last 12 months.
33 townhomes were sold over the last 30 days (February 17 - March 17) in Etobicoke, which is 9.9% of all sold real estate. This is a 10.0% more than during the previous 30 day period (January 18 - February 16) and 17.9% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 36 a month.
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