East Gwillimbury Real Estate Statistics

East Gwillimbury Real Estate Price Trend
East Gwillimbury real estate average sold price in the last 30 days (March 27 - April 25) was $1,253,257, which is $37,550 (3.0%) lower than the average price of $1,290,807 in the previous 30 day period (February 26 - March 26), and $138,327 (11.0%) down from the same period 1 year ago ($1,391,584). East Gwillimbury real estate prices over the last 30 days are also $1,385 (0.1%) higher than the average selling price of $1,251,872 over the past year.
East Gwillimbury average sold price for homes was $1,374,153 in the last 30 days (March 27 - April 25), which is $24,677 (1.8%) up from the average home price of $1,349,476 in the previous 30 day period (February 26 - March 26), and $97,885 (7.1%) lower than the same period 1 year ago ($1,472,038). In the last 30 days East Gwillimbury the average home price was $32,357 (2.4%) higher than the average selling price of $1,341,796 over the last 12 months.
Average sold price of East Gwillimbury townhouse was $914,750 in the last 30 days (March 27 - April 25), down $56,638 (6.2%) from the average townhome price of $971,388 over the previous 30 days (February 26 - March 26), and $98,700 (10.8%) lower than during to the same period 1 year ago ($1,013,450). Over the last 30 days the average townhouse price in East Gwillimbury was $32,340 (3.5%) lower compared to the average selling price of $947,090 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Gwillimbury real estate was $1,253,257 in the last 30 days (March 27 - April 25), which is collectively $481 (0.0%) lower than the average asking price of $1,299,362. This represents an increase of $20,082 (97.7%) compared to $20,563 (1.4%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 26).
The maximum Sold Over/Under Asking ratio in East Gwillimbury during the last 12 months was recorded in May, 2023 with an average of $53,727 over 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 57.1% with 76 properties sold and 104 new properties listed in the past 30 days (March 27 - April 25). This represents an increase from 55.8% recorded during the previous 30 day period (February 26 - March 26), and a decrease from 74.0% compared to the same period one year ago.
Over the the last year the highest SNLR in East Gwillimbury was 161.3% recorded in July and the lowest was in September at 21.4%. 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 76 properties that were successfully sold in East Gwillimbury in the last 30 days (March 27 - April 25) was 17 days, which is 4 days less than 21 days average in the previous 30 day period (February 26 - March 26) and 4 days shorter than during the same period a year ago (21 days).
There were 88 delisted properties in East Gwillimbury, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 38 days on the market. This is 44 days shorter than the average of 82 days during the previous 30 day period (February 26 - March 26) and 0 days more compared to the same period last year average of 38 days on the market.
88 East Gwillimbury properties that didn't sell stayed on the market 123.5% longer than 76 that sucessfully sold over the last 30 days - 17 days when sold vs 38 days when delisted respectively.
Average Days on the Market in East Gwillimbury over the past 12 months for properties that have sold was 23.2 days, with 50.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
133 new properties were listed on the market in East Gwillimbury in the last 30 days (March 27 - April 25). During the same time 76 properties were sold and 88 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 31 properties (or 23.3%).
During the previous 30 day period (February 26 - March 26) there were 104 new properties listed, 58 sold and 51 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 131 new properties listed, the slowest - December with 24 new listings and a yearly average of 94 new listings per month.
New Real Estate Listings by Property Type
There were a total of 109 homes listed during the last 30 days (March 27 - April 25), which is 82.0% of all properties listed in East Gwillimbury. This is a 25.3% increase compared with a previous 30 day period (February 26 - March 26) and 65.2% up from the same period a year ago. Over the past year an average of 80 homes are were listed per month.
22 townhomes were listed over the last 30 days (March 27 - April 25) in East Gwillimbury, which is 16.5% of all new real estate inventory. This is a 29.4% more than during the previous 30 day period (February 26 - March 26) and 100.0% increase 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 56 homes sold during the last 30 days (March 27 - April 25), which is 73.7% of all properties sold in East Gwillimbury. This is a 14.3% increase compared with a previous 30 day period (February 26 - March 26) and 19.1% up from the same period a year ago. Over the past year an average of 45 homes are were sold per month.
20 townhomes were sold over the last 30 days (March 27 - April 25) in East Gwillimbury, which is 26.3% of all sold real estate. This is a 122.2% more than during the previous 30 day period (February 26 - March 26) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 11 a month.
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