Etobicoke Real Estate Statistics

Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (March 29 - April 27) was $1,074,685, which is $79,291 (7.4%) higher than the average price of $995,394 in the previous 30 day period (February 28 - March 28), and $95,942 (8.9%) up from the same period 1 year ago ($978,743). Etobicoke real estate prices over the last 30 days are also $62,615 (5.8%) higher than the average selling price of $1,012,070 over the past year.
Etobicoke average sold price for homes was $1,614,792 in the last 30 days (March 29 - April 27), which is $186,795 (11.6%) up from the average home price of $1,427,997 in the previous 30 day period (February 28 - March 28), and $187,628 (11.6%) higher than the same period 1 year ago ($1,427,164). In the last 30 days Etobicoke the average home price was $147,712 (9.1%) higher than the average selling price of $1,467,080 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (March 29 - April 27) was $695,487. During this period it was $51,869 (7.5%) up from the average price of condo of $643,618 during the previous 30 days (February 28 - March 28), and $55,497 (8.0%) higher compared to the same period 1 year ago ($639,990). In the last 30 days Etobicoke the average condo price was $36,666 (5.3%) higher than the average selling price of $658,821 over the last year.
Average sold price of Etobicoke townhouse was $925,397 in the last 30 days (March 29 - April 27), down $94,326 (10.2%) from the average townhome price of $1,019,723 over the previous 30 days (February 28 - March 28), and $95,303 (10.3%) lower than during to the same period 1 year ago ($1,020,700). Over the last 30 days the average townhouse price in Etobicoke was $12,910 (1.4%) lower compared to the average selling price of $938,307 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $1,074,685 in the last 30 days (March 29 - April 27), which is collectively $3,723 (0.3%) higher than the average asking price of $1,089,493. This represents a decline of $4,133 (52.6%) compared to $7,856 (0.8%) Sold-Over-Asking price from the previous 30 day period (February 28 - March 28).
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 60.8% with 497 properties sold and 688 new properties listed in the past 30 days (March 29 - April 27). This represents an increase from 53.9% recorded during the previous 30 day period (February 28 - March 28), and a decrease from 71.4% 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 497 properties that were successfully sold in Etobicoke in the last 30 days (March 29 - April 27) was 19 days, which is 3 days less than 22 days average in the previous 30 day period (February 28 - March 28) and 0 days longer than during the same period a year ago (19 days).
There were 461 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (March 29 - April 27) with an average of 52 days on the market. This is 1 days longer than the average of 51 days during the previous 30 day period (February 28 - March 28) and 3 days more compared to the same period last year average of 49 days on the market.
461 Etobicoke properties that didn't sell stayed on the market 173.7% longer than 497 that sucessfully sold over the last 30 days - 19 days when sold vs 52 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 23.2 days, with 52.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
818 new properties were listed on the market in Etobicoke in the last 30 days (March 29 - April 27). During the same time 497 properties were sold and 461 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 140 properties (or 17.1%).
During the previous 30 day period (February 28 - March 28) there were 688 new properties listed, 371 sold and 284 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 581 new listings per month.
New Real Estate Listings by Property Type
There were a total of 285 homes listed during the last 30 days (March 29 - April 27), which is 34.8% of all properties listed in Etobicoke. This is a 19.7% increase compared with a previous 30 day period (February 28 - March 28) and 19.7% up from the same period a year ago. Over the past year an average of 209 homes are were listed per month.
468 condo units were listed in the last 30 days (March 29 - April 27) in Etobicoke, which represents 57.2% of all new listings. This is up 21.2% from the prior 30 day period (February 28 - March 28) and 56.5% more compared to the same period last year. There were 317 condos listed per month on average during the last 12 months.
65 townhomes were listed over the last 30 days (March 29 - April 27) in Etobicoke, which is 7.9% of all new real estate inventory. This is a 1.6% more than during the previous 30 day period (February 28 - March 28) and 12.1% 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 193 homes sold during the last 30 days (March 29 - April 27), which is 38.8% of all properties sold in Etobicoke. This is a 27.0% increase compared with a previous 30 day period (February 28 - March 28) and 17.0% up from the same period a year ago. Over the past year an average of 140 homes are were sold per month.
256 condo units were sold in the last 30 days (March 29 - April 27) in Etobicoke, which represents 51.5% of all sold properties. This is up 35.4% from the prior 30 day period (February 28 - March 28) and 14.8% more compared to the same period last year. There were 170 condos sold per month on average during the last 12 months.
48 townhomes were sold over the last 30 days (March 29 - April 27) in Etobicoke, which is 9.7% of all sold real estate. This is a 60.0% more than during the previous 30 day period (February 28 - March 28) and 29.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 35 a month.
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