Etobicoke Real Estate Statistics

Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (December 27 - January 25) was $949,860, which is $34,172 (3.6%) higher than the average price of $915,688 in the previous 30 day period (November 27 - December 26), and $65,179 (6.9%) down from the same period 1 year ago ($1,015,039). Etobicoke real estate prices over the last 30 days are also $82,063 (8.6%) lower than the average selling price of $1,031,923 over the past year.
Etobicoke average sold price for homes was $1,508,068 in the last 30 days (December 27 - January 25), which is $247,320 (16.4%) up from the average home price of $1,260,748 in the previous 30 day period (November 27 - December 26), and $111,018 (7.4%) lower than the same period 1 year ago ($1,619,086). In the last 30 days Etobicoke the average home price was $3,523 (0.2%) higher than the average selling price of $1,504,545 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (December 27 - January 25) was $604,647. During this period it was $47,738 (7.9%) down from the average price of condo of $652,385 during the previous 30 days (November 27 - December 26), and $71,865 (11.9%) lower compared to the same period 1 year ago ($676,512). In the last 30 days Etobicoke the average condo price was $85,829 (14.2%) lower than the average selling price of $690,476 over the last year.
Average sold price of Etobicoke townhouse was $847,447 in the last 30 days (December 27 - January 25), down $95,773 (11.3%) from the average townhome price of $943,220 over the previous 30 days (November 27 - December 26), and $122,761 (14.5%) lower than during to the same period 1 year ago ($970,208). Over the last 30 days the average townhouse price in Etobicoke was $126,020 (14.9%) lower compared to the average selling price of $973,467 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $949,860 in the last 30 days (December 27 - January 25), which is collectively $37,783 (3.8%) lower than the average asking price of $986,361. This represents a decline of $9,319 (32.7%) compared to $28,464 (2.9%) Sold-Under-Asking price from the previous 30 day period (November 27 - December 26).
The maximum Sold Over/Under Asking ratio in Etobicoke during the last 12 months was recorded in February, 2022 with an average of $122,080 over the asking price, while the minimum occurring in November, 2022 with $42,566 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 52.1% with 173 properties sold and 261 new properties listed in the past 30 days (December 27 - January 25). This represents a decrease from 76.6% recorded during the previous 30 day period (November 27 - December 26), and a decrease from 77.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Etobicoke was 84.8% recorded in February and the lowest was in September at 39.7%. 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 173 properties that were successfully sold in Etobicoke in the last 30 days (December 27 - January 25) was 34 days, which is 5 days more than 29 days average in the previous 30 day period (November 27 - December 26) and 21 days longer than during the same period a year ago (13 days).
There were 239 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (December 27 - January 25) with an average of 74 days on the market. This is 13 days longer than the average of 61 days during the previous 30 day period (November 27 - December 26) and 20 days more compared to the same period last year average of 54 days on the market.
239 Etobicoke properties that didn't sell stayed on the market 117.6% longer than 173 that sucessfully sold over the last 30 days - 34 days when sold vs 74 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 18.0 days, with 40.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
332 new properties were listed on the market in Etobicoke in the last 30 days (December 27 - January 25). During the same time 173 properties were sold and 239 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 80 properties (or 24.1%).
During the previous 30 day period (November 27 - December 26) there were 261 new properties listed, 200 sold and 292 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 885 new properties listed, the slowest - December with 236 new listings and a yearly average of 610 new listings per month.
New Real Estate Listings by Property Type
There were a total of 101 homes listed during the last 30 days (December 27 - January 25), which is 30.4% of all properties listed in Etobicoke. This is a 17.4% increase compared with a previous 30 day period (November 27 - December 26) and 9.8% up from the same period a year ago. Over the past year an average of 234 homes are were listed per month.
203 condo units were listed in the last 30 days (December 27 - January 25) in Etobicoke, which represents 61.1% of all new listings. This is up 32.7% from the prior 30 day period (November 27 - December 26) and 12.8% more compared to the same period last year. There were 314 condos listed per month on average during the last 12 months.
28 townhomes were listed over the last 30 days (December 27 - January 25) in Etobicoke, which is 8.4% of all new real estate inventory. This is a 27.3% more than during the previous 30 day period (November 27 - December 26) and 22.2% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 62 a month.
Real Estate Sales by Property Type
There were a total of 61 homes sold during the last 30 days (December 27 - January 25), which is 35.3% of all properties sold in Etobicoke. This is a 20.8% decline compared with a previous 30 day period (November 27 - December 26) and 21.8% down from the same period a year ago. Over the past year an average of 133 homes are were sold per month.
93 condo units were sold in the last 30 days (December 27 - January 25) in Etobicoke, which represents 53.8% of all sold properties. This is down 9.7% from the prior 30 day period (November 27 - December 26) and 31.6% less compared to the same period last year. There were 179 condos sold per month on average during the last 12 months.
19 townhomes were sold over the last 30 days (December 27 - January 25) in Etobicoke, which is 11.0% of all sold real estate. This is a 5.0% less than during the previous 30 day period (November 27 - December 26) and 20.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 30 a month.
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