Etobicoke Real Estate Statistics
Etobicoke Real Estate Price Trend
Etobicoke real estate average sold price in the last 30 days (January 21 - February 19) was $1,025,425, which is $151,094 (14.7%) higher than the average price of $874,331 in the previous 30 day period (December 22 - January 20), and $42,659 (4.2%) up from the same period 1 year ago ($982,766). Etobicoke real estate prices over the last 30 days are also $651 (0.1%) higher than the average selling price of $1,024,774 over the past year.
Etobicoke average sold price for homes was $1,509,676 in the last 30 days (January 21 - February 19), which is $159,324 (10.6%) up from the average home price of $1,350,352 in the previous 30 day period (December 22 - January 20), and $56,004 (3.7%) higher than the same period 1 year ago ($1,453,672). In the last 30 days Etobicoke the average home price was $17,775 (1.2%) higher than the average selling price of $1,491,901 over the last 12 months.
Average Etobicoke condo sold price over the last 30 days (January 21 - February 19) was $618,087. During this period it was $16,275 (2.6%) up from the average price of condo of $601,812 during the previous 30 days (December 22 - January 20), and $16,620 (2.7%) lower compared to the same period 1 year ago ($634,707). In the last 30 days Etobicoke the average condo price was $16,352 (2.6%) lower than the average selling price of $634,439 over the last year.
Average sold price of Etobicoke townhouse was $881,646 in the last 30 days (January 21 - February 19), down $17,020 (1.9%) from the average townhome price of $898,666 over the previous 30 days (December 22 - January 20), and $30,324 (3.4%) higher than during to the same period 1 year ago ($851,322). Over the last 30 days the average townhouse price in Etobicoke was $57,740 (6.5%) lower compared to the average selling price of $939,386 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Etobicoke real estate was $1,025,425 in the last 30 days (January 21 - February 19), which is collectively $22,501 (2.1%) lower than the average asking price of $1,072,921. This represents a decline of $3,943 (21.2%) compared to $18,558 (1.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
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 August, 2024 with $21,719 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 32.7% with 187 properties sold and 371 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 39.6% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 56.2% compared to the same period one year ago.
Over the the last year the highest SNLR in Etobicoke was 85.7% 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 187 properties that were successfully sold in Etobicoke in the last 30 days (January 21 - February 19) was 30 days, which is 13 days less than 43 days average in the previous 30 day period (December 22 - January 20) and 1 days shorter than during the same period a year ago (31 days).
There were 274 delisted properties in Etobicoke, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 70 days on the market. This is 13 days shorter than the average of 83 days during the previous 30 day period (December 22 - January 20) and 4 days less compared to the same period last year average of 74 days on the market.
274 Etobicoke properties that didn't sell stayed on the market 133.3% longer than 187 that sucessfully sold over the last 30 days - 30 days when sold vs 70 days when delisted respectively.
Average Days on the Market in Etobicoke over the past 12 months for properties that have sold was 25.2 days, with 57.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
572 new properties were listed on the market in Etobicoke in the last 30 days (January 21 - February 19). During the same time 187 properties were sold and 274 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 111 properties (or 19.4%).
During the previous 30 day period (December 22 - January 20) there were 371 new properties listed, 147 sold and 345 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 252 new listings and a yearly average of 690 new listings per month.
New Real Estate Listings by Property Type
There were a total of 192 homes listed during the last 30 days (January 21 - February 19), which is 33.6% of all properties listed in Etobicoke. This is a 65.5% increase compared with a previous 30 day period (December 22 - January 20) and 20.8% up from the same period a year ago. Over the past year an average of 256 homes are were listed per month.
333 condo units were listed in the last 30 days (January 21 - February 19) in Etobicoke, which represents 58.2% of all new listings. This is up 50.0% from the prior 30 day period (December 22 - January 20) and 0.9% more compared to the same period last year. There were 367 condos listed per month on average during the last 12 months.
47 townhomes were listed over the last 30 days (January 21 - February 19) in Etobicoke, which is 8.2% of all new real estate inventory. This is a 42.4% more than during the previous 30 day period (December 22 - January 20) and 9.6% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 67 a month.
Real Estate Sales by Property Type
There were a total of 81 homes sold during the last 30 days (January 21 - February 19), which is 43.3% of all properties sold in Etobicoke. This is a 84.1% increase compared with a previous 30 day period (December 22 - January 20) and 33.1% down from the same period a year ago. Over the past year an average of 140 homes are were sold per month.
91 condo units were sold in the last 30 days (January 21 - February 19) in Etobicoke, which represents 48.7% of all sold properties. This is up 15.2% from the prior 30 day period (December 22 - January 20) and 40.1% less compared to the same period last year. There were 160 condos sold per month on average during the last 12 months.
15 townhomes were sold over the last 30 days (January 21 - February 19) in Etobicoke, which is 8.0% of all sold real estate. This is a 37.5% less than during the previous 30 day period (December 22 - January 20) and 51.6% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 33 a month.