East Gwillimbury Real Estate Statistics
East Gwillimbury Real Estate Price Trend
East Gwillimbury real estate average sold price in the last 30 days (October 21 - November 19) was $1,277,157, which is $94,076 (7.4%) higher than the average price of $1,183,081 in the previous 30 day period (September 21 - October 20), and $134,759 (10.6%) up from the same period 1 year ago ($1,142,398). East Gwillimbury real estate prices over the last 30 days are also $32,020 (2.5%) higher than the average selling price of $1,245,137 over the past year.
East Gwillimbury average sold price for homes was $1,420,550 in the last 30 days (October 21 - November 19), which is $206,988 (14.6%) up from the average home price of $1,213,562 in the previous 30 day period (September 21 - October 20), and $177,252 (12.5%) higher than the same period 1 year ago ($1,243,298). In the last 30 days East Gwillimbury the average home price was $87,277 (6.1%) higher than the average selling price of $1,333,273 over the last 12 months.
Average sold price of East Gwillimbury townhouse was $967,312 in the last 30 days (October 21 - November 19), down $20,688 (2.1%) from the average townhome price of $988,000 over the previous 30 days (September 21 - October 20), and $82,769 (8.6%) higher than during to the same period 1 year ago ($884,543). Over the last 30 days the average townhouse price in East Gwillimbury was $33,940 (3.5%) higher compared to the average selling price of $933,372 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Gwillimbury real estate was $1,277,157 in the last 30 days (October 21 - November 19), which is collectively $34,347 (2.4%) lower than the average asking price of $1,406,824. This represents a decline of $13,759 (66.8%) compared to $20,588 (1.4%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 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 November, 2023 with $48,639 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 61.3% with 57 properties sold and 105 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 35.2% recorded during the previous 30 day period (September 21 - October 20), and an increase from 34.8% compared to the same period one year ago.
Over the the last year the highest SNLR in East Gwillimbury was 129.2% 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 57 properties that were successfully sold in East Gwillimbury in the last 30 days (October 21 - November 19) was 29 days, which is 8 days more than 21 days average in the previous 30 day period (September 21 - October 20) and 5 days longer than during the same period a year ago (24 days).
There were 88 delisted properties in East Gwillimbury, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 52 days on the market. This is 5 days shorter than the average of 57 days during the previous 30 day period (September 21 - October 20) and 1 days more compared to the same period last year average of 51 days on the market.
88 East Gwillimbury properties that didn't sell stayed on the market 79.3% longer than 57 that sucessfully sold over the last 30 days - 29 days when sold vs 52 days when delisted respectively.
Average Days on the Market in East Gwillimbury over the past 12 months for properties that have sold was 25.3 days, with 55.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
93 new properties were listed on the market in East Gwillimbury in the last 30 days (October 21 - November 19). During the same time 57 properties were sold and 88 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 52 properties (or 55.9%).
During the previous 30 day period (September 21 - October 20) there were 105 new properties listed, 37 sold and 65 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 24 new listings and a yearly average of 101 new listings per month.
New Real Estate Listings by Property Type
There were a total of 84 homes listed during the last 30 days (October 21 - November 19), which is 90.3% of all properties listed in East Gwillimbury. This is a 8.7% decline compared with a previous 30 day period (September 21 - October 20) and 7.7% up from the same period a year ago. Over the past year an average of 87 homes are were listed per month.
9 townhomes were listed over the last 30 days (October 21 - November 19) in East Gwillimbury, which is 9.7% of all new real estate inventory. This is a 25.0% less than during the previous 30 day period (September 21 - October 20) and 18.2% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.
Real Estate Sales by Property Type
There were a total of 40 homes sold during the last 30 days (October 21 - November 19), which is 70.2% of all properties sold in East Gwillimbury. This is a 25.0% increase compared with a previous 30 day period (September 21 - October 20) and 73.9% up from the same period a year ago. Over the past year an average of 37 homes are were sold per month.
16 townhomes were sold over the last 30 days (October 21 - November 19) in East Gwillimbury, which is 28.1% of all sold real estate. This is a 220.0% more than during the previous 30 day period (September 21 - October 20) and 77.8% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 8 a month.