East Gwillimbury Real Estate Statistics
East Gwillimbury Real Estate Price Trend
East Gwillimbury real estate average sold price in the last 30 days (January 21 - February 19) was $1,223,143, which is $49,361 (4.0%) lower than the average price of $1,272,504 in the previous 30 day period (December 22 - January 20), and $30,789 (2.5%) down from the same period 1 year ago ($1,253,932). East Gwillimbury real estate prices over the last 30 days are also $54,831 (4.5%) lower than the average selling price of $1,277,974 over the past year.
East Gwillimbury average sold price for homes was $1,260,085 in the last 30 days (January 21 - February 19), which is $85,738 (6.8%) down from the average home price of $1,345,823 in the previous 30 day period (December 22 - January 20), and $134,825 (10.7%) lower than the same period 1 year ago ($1,394,910). In the last 30 days East Gwillimbury the average home price was $80,603 (6.4%) lower than the average selling price of $1,340,688 over the last 12 months.
Average sold price of East Gwillimbury townhouse was $935,000 in the last 30 days (January 21 - February 19), up $65,750 (7.0%) from the average townhome price of $869,250 over the previous 30 days (December 22 - January 20), and $12,429 (1.3%) higher than during to the same period 1 year ago ($922,571). Over the last 30 days the average townhouse price in East Gwillimbury was $19,512 (2.1%) lower compared to the average selling price of $954,512 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Gwillimbury real estate was $1,223,143 in the last 30 days (January 21 - February 19), which is collectively $33,713 (2.3%) lower than the average asking price of $1,441,076. This represents an increase of $5,443 (13.9%) compared to $39,156 (2.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in East Gwillimbury during the last 12 months was recorded in April, 2024 with an average of $3,310 under the asking price, while the minimum occurring in December, 2024 with $51,953 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 East Gwillimbury was 47.8% with 44 properties sold and 62 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 41.9% recorded during the previous 30 day period (December 22 - January 20), and an increase from 44.0% compared to the same period one year ago.
Over the the last year the highest SNLR in East Gwillimbury was 81.8% recorded in December and the lowest was in September at 19.6%. 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 44 properties that were successfully sold in East Gwillimbury in the last 30 days (January 21 - February 19) was 30 days, which is 11 days less than 41 days average in the previous 30 day period (December 22 - January 20) and 5 days longer than during the same period a year ago (25 days).
There were 37 delisted properties in East Gwillimbury, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 72 days on the market. This is 10 days shorter than the average of 82 days during the previous 30 day period (December 22 - January 20) and 3 days more compared to the same period last year average of 69 days on the market.
37 East Gwillimbury properties that didn't sell stayed on the market 140.0% longer than 44 that sucessfully sold over the last 30 days - 30 days when sold vs 72 days when delisted respectively.
Average Days on the Market in East Gwillimbury over the past 12 months for properties that have sold was 28.9 days, with 55.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
92 new properties were listed on the market in East Gwillimbury in the last 30 days (January 21 - February 19). During the same time 44 properties were sold and 37 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 11 properties (or 12.0%).
During the previous 30 day period (December 22 - January 20) there were 62 new properties listed, 26 sold and 52 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 146 new properties listed, the slowest - December with 33 new listings and a yearly average of 104 new listings per month.
New Real Estate Listings by Property Type
There were a total of 81 homes listed during the last 30 days (January 21 - February 19), which is 88.0% of all properties listed in East Gwillimbury. This is a 44.6% increase compared with a previous 30 day period (December 22 - January 20) and 8.0% up from the same period a year ago. Over the past year an average of 91 homes are were listed per month.
11 townhomes were listed over the last 30 days (January 21 - February 19) in East Gwillimbury, which is 12.0% of all new real estate inventory. This is a 83.3% more than during the previous 30 day period (December 22 - January 20) and 37.5% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 12 a month.
Real Estate Sales by Property Type
There were a total of 39 homes sold during the last 30 days (January 21 - February 19), which is 88.6% of all properties sold in East Gwillimbury. This is a 77.3% increase compared with a previous 30 day period (December 22 - January 20) and 39.3% up from the same period a year ago. Over the past year an average of 37 homes are were sold per month.
5 townhomes were sold over the last 30 days (January 21 - February 19) in East Gwillimbury, which is 11.4% of all sold real estate. This is a 25.0% more than during the previous 30 day period (December 22 - January 20) and 28.6% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 8 a month.