Etobicoke Real Estate Statistics

Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (October 5 - November 3) was $1,063,980, which is $64,732 (6.1%) higher than the average price of $999,248 in the previous 30 day period (September 5 - October 4), and $96,341 (9.1%) up from the same period 1 year ago ($967,639). Etobicoke real estate prices over the last 30 days are also $45,757 (4.3%) higher than the average selling price of $1,018,223 over the past year.
Etobicoke average sold price for homes was $1,512,676 in the last 30 days (October 5 - November 3), which is $143,548 (9.5%) up from the average home price of $1,369,128 in the previous 30 day period (September 5 - October 4), and $189,951 (12.6%) higher than the same period 1 year ago ($1,322,725). In the last 30 days Etobicoke the average home price was $21,490 (1.4%) higher than the average selling price of $1,491,186 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (October 5 - November 3) was $644,476. During this period it was $9,503 (1.5%) up from the average price of condo of $634,973 during the previous 30 days (September 5 - October 4), and $22,005 (3.4%) lower compared to the same period 1 year ago ($666,481). In the last 30 days Etobicoke the average condo price was $1,144 (0.2%) higher than the average selling price of $643,332 over the last year.
Average sold price of Etobicoke townhouse was $967,526 in the last 30 days (October 5 - November 3), up $7,509 (0.8%) from the average townhome price of $960,017 over the previous 30 days (September 5 - October 4), and $11,761 (1.2%) higher than during to the same period 1 year ago ($955,765). Over the last 30 days the average townhouse price in Etobicoke was $42,760 (4.4%) higher compared to the average selling price of $924,766 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $1,063,980 in the last 30 days (October 5 - November 3), which is collectively $22,303 (1.9%) lower than the average asking price of $1,175,504. This represents a decline of $9,918 (80.1%) compared to $12,385 (1.1%) Sold-Under-Asking price from the previous 30 day period (September 5 - October 4).
The maximum Sold Over/Under Asking ratio in Etobicoke during the last 12 months was recorded in March, 2024 with an average of $9,222 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 47.3% with 323 properties sold and 1,002 new properties listed in the past 30 days (October 5 - November 3). This represents an increase from 33.3% recorded during the previous 30 day period (September 5 - October 4), and an increase from 40.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Etobicoke was 91.5% recorded in December and the lowest was in September at 34.9%. 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 323 properties that were successfully sold in Etobicoke in the last 30 days (October 5 - November 3) was 24 days, which is 1 days more than 23 days average in the previous 30 day period (September 5 - October 4) and 1 days longer than during the same period a year ago (23 days).
There were 453 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (October 5 - November 3) with an average of 53 days on the market. This is 4 days shorter than the average of 57 days during the previous 30 day period (September 5 - October 4) and 8 days more compared to the same period last year average of 45 days on the market.
453 Etobicoke properties that didn't sell stayed on the market 120.8% longer than 323 that sucessfully sold over the last 30 days - 24 days when sold vs 53 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 25.0 days, with 56.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
683 new properties were listed on the market in Etobicoke in the last 30 days (October 5 - November 3). During the same time 323 properties were sold and 453 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 93 properties (or 13.6%).
During the previous 30 day period (September 5 - October 4) there were 1,002 new properties listed, 334 sold and 569 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 910 new properties listed, the slowest - December with 199 new listings and a yearly average of 677 new listings per month.
New Real Estate Listings by Property Type
There were a total of 293 homes listed during the last 30 days (October 5 - November 3), which is 42.9% of all properties listed in Etobicoke. This is a 29.4% decline compared with a previous 30 day period (September 5 - October 4) and 13.6% up from the same period a year ago. Over the past year an average of 247 homes are were listed per month.
313 condo units were listed in the last 30 days (October 5 - November 3) in Etobicoke, which represents 45.8% of all new listings. This is down 34.1% from the prior 30 day period (September 5 - October 4) and 23.7% less compared to the same period last year. There were 363 condos listed per month on average during the last 12 months.
77 townhomes were listed over the last 30 days (October 5 - November 3) in Etobicoke, which is 11.3% of all new real estate inventory. This is a 31.2% less than during the previous 30 day period (September 5 - October 4) and 18.5% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 66 a month.
Real Estate Sales by Property Type
There were a total of 149 homes sold during the last 30 days (October 5 - November 3), which is 46.1% of all properties sold in Etobicoke. This is a 2.0% decline compared with a previous 30 day period (September 5 - October 4) and 21.1% up from the same period a year ago. Over the past year an average of 133 homes are were sold per month.
155 condo units were sold in the last 30 days (October 5 - November 3) in Etobicoke, which represents 48.0% of all sold properties. This is up 2.6% from the prior 30 day period (September 5 - October 4) and 7.6% more compared to the same period last year. There were 158 condos sold per month on average during the last 12 months.
19 townhomes were sold over the last 30 days (October 5 - November 3) in Etobicoke, which is 5.9% of all sold real estate. This is a 38.7% less than during the previous 30 day period (September 5 - October 4) and 26.9% 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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