Etobicoke Real Estate Statistics

Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (August 29 - September 27) was $1,028,928, which is $101,473 (9.9 %) higher than the average price of $927,455 in the previous 30 day period (July 30 - August 28), and $103,621 (10.1 %) up from the same period 1 year ago ($925,307). Etobicoke real estate prices over the last 30 days are also $81,018 (7.9 %) higher than the average selling price of $947,910 over the past year.
Etobicoke average sold price for homes was $1,546,328 in the last 30 days (August 29 - September 27), which is $56,692 (3.7 %) up from the average home price of $1,489,636 in the previous 30 day period (July 30 - August 28), and $213,756 (13.8 %) higher than the same period 1 year ago ($1,332,572). In the last 30 days Etobicoke the average home price was $108,215 (7.0 %) higher than the average selling price of $1,438,113 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (August 29 - September 27) was $673,547. During this period it was $66,960 (9.9 %) up from the average price of condo of $606,587 during the previous 30 days (July 30 - August 28), and $86,514 (12.8 %) higher compared to the same period 1 year ago ($587,033). In the last 30 days Etobicoke the average condo price was $72,355 (10.7 %) higher than the average selling price of $601,192 over the last year.
Average sold price of Etobicoke townhouse was $957,669 in the last 30 days (August 29 - September 27), up $52,447 (5.5 %) from the average townhome price of $905,222 over the previous 30 days (July 30 - August 28), and $150,100 (15.7 %) higher than during to the same period 1 year ago ($807,569). Over the last 30 days the average townhouse price in Etobicoke was $106,536 (11.1 %) higher compared to the average selling price of $851,134 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $1,028,928 in the last 30 days (August 29 - September 27), which is collectively $35,069 (3.5 %) higher than the average asking price of $1,001,472. This represents an increase of $20,316 (137.7 %) compared to $14,753 (1.6 %) Sold-Over-Asking price from the previous 30 day period (July 30 - August 28).
The maximum Sold Over/Under Asking ratio in Etobicoke during the last 12 months was recorded in April, 2021 with an average of $56,982 over the asking price, while the minimum occurring in December, 2020 with $7,559 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 70.4 % with 442 properties sold and 512 new properties listed in the past 30 days (August 29 - September 27). This represents a decrease from 85.9 % recorded during the previous 30 day period (July 30 - August 28), and an increase from 50.5 % compared to the same period one year ago.
Over the the last year the highest SNLR in Etobicoke was 146.6 % recorded in December and the lowest was in September at 50.4 %. 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 442 properties that were successfully sold in Etobicoke in the last 30 days (August 29 - September 27) was 16 days, which is 0 days more than 16 days average in the previous 30 day period (July 30 - August 28) and 1 days longer than during the same period a year ago (15 days).
There were 223 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (August 29 - September 27) with an average of 40 days on the market. This is 5 days shorter than the average of 45 days during the previous 30 day period (July 30 - August 28) and 6 days more compared to the same period last year average of 34 days on the market.
223 Etobicoke properties that didn't sell stayed on the market 150.0 % longer than 442 that sucessfully sold over the last 30 days - 16 days when sold vs 40 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 16.9 days, with 39.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
628 new properties were listed on the market in Etobicoke in the last 30 days (August 29 - September 27). During the same time 442 properties were sold and 223 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 37 properties (or 5.9 %).
During the previous 30 day period (July 30 - August 28) there were 512 new properties listed, 440 sold and 224 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 1,067 new properties listed, the slowest - December with 268 new listings and a yearly average of 703 new listings per month.
New Real Estate Listings by Property Type
There were a total of 221 homes listed during the last 30 days (August 29 - September 27), which is 35.2 % of all properties listed in Etobicoke. This is a 46.4 % increase compared with a previous 30 day period (July 30 - August 28) and 41.1 % down from the same period a year ago. Over the past year an average of 259 homes are were listed per month.
329 condo units were listed in the last 30 days (August 29 - September 27) in Etobicoke, which represents 52.4 % of all new listings. This is up 5.1 % from the prior 30 day period (July 30 - August 28) and 32.0 % less compared to the same period last year. There were 374 condos listed per month on average during the last 12 months.
78 townhomes were listed over the last 30 days (August 29 - September 27) in Etobicoke, which is 12.4 % of all new real estate inventory. This is a 62.5 % more than during the previous 30 day period (July 30 - August 28) and 14.3 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 70 a month.
Real Estate Sales by Property Type
There were a total of 165 homes sold during the last 30 days (August 29 - September 27), which is 37.3 % of all properties sold in Etobicoke. This is a 13.8 % increase compared with a previous 30 day period (July 30 - August 28) and 18.7 % down from the same period a year ago. Over the past year an average of 208 homes are were sold per month.
231 condo units were sold in the last 30 days (August 29 - September 27) in Etobicoke, which represents 52.3 % of all sold properties. This is down 8.0 % from the prior 30 day period (July 30 - August 28) and 1.8 % more compared to the same period last year. There were 270 condos sold per month on average during the last 12 months.
46 townhomes were sold over the last 30 days (August 29 - September 27) in Etobicoke, which is 10.4 % of all sold real estate. This is a 4.5 % more than during the previous 30 day period (July 30 - August 28) and 8.0 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 53 a month.
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