East Gwillimbury Real Estate Statistics

East Gwillimbury Real Estate Price Trend
East Gwillimbury real estate average sold price in the last 30 days (January 2 - January 31) was $1,417,066, which is $71,437 (5.0%) higher than the average price of $1,345,629 in the previous 30 day period (December 3 - January 1), and $191,131 (13.5%) down from the same period 1 year ago ($1,608,197). East Gwillimbury real estate prices over the last 30 days are also $68,800 (4.9%) higher than the average selling price of $1,348,266 over the past year.
East Gwillimbury average sold price for homes was $1,506,230 in the last 30 days (January 2 - January 31), which is $138,270 (9.2%) up from the average home price of $1,367,960 in the previous 30 day period (December 3 - January 1), and $120,538 (8.0%) lower than the same period 1 year ago ($1,626,768). In the last 30 days East Gwillimbury the average home price was $75,728 (5.0%) higher than the average selling price of $1,430,502 over the last 12 months.
Average sold price of East Gwillimbury townhouse was $837,500 in the last 30 days (January 2 - January 31), down $229,000 (27.3%) from the average townhome price of $1,066,500 over the previous 30 days (December 3 - January 1), and $390,000 (46.6%) lower than during to the same period 1 year ago ($1,227,500). Over the last 30 days the average townhouse price in East Gwillimbury was $107,930 (12.9%) lower compared to the average selling price of $945,430 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Gwillimbury real estate was $1,417,066 in the last 30 days (January 2 - January 31), which is collectively $61,245 (4.5%) lower than the average asking price of $1,376,289. This represents a decline of $25,068 (69.3%) compared to $36,177 (2.7%) Sold-Under-Asking price from the previous 30 day period (December 3 - January 1).
The maximum Sold Over/Under Asking ratio in East Gwillimbury during the last 12 months was recorded in February, 2022 with an average of $283,333 over the asking price, while the minimum occurring in October, 2022 with $69,524 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 30.0% with 15 properties sold and 26 new properties listed in the past 30 days (January 2 - January 31). This represents a decrease from 103.8% recorded during the previous 30 day period (December 3 - January 1), and a decrease from 67.2% compared to the same period one year ago.
Over the the last year the highest SNLR in East Gwillimbury was 96.6% recorded in December and the lowest was in January at 32.0%. 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 15 properties that were successfully sold in East Gwillimbury in the last 30 days (January 2 - January 31) was 29 days, which is 1 days less than 30 days average in the previous 30 day period (December 3 - January 1) and 22 days longer than during the same period a year ago (7 days).
There were 31 delisted properties in East Gwillimbury, those that got either Expired, Suspended or Terminated over the last 30 days (January 2 - January 31) with an average of 62 days on the market. This is 24 days shorter than the average of 86 days during the previous 30 day period (December 3 - January 1) and 36 days more compared to the same period last year average of 26 days on the market.
31 East Gwillimbury properties that didn't sell stayed on the market 113.8% longer than 15 that sucessfully sold over the last 30 days - 29 days when sold vs 62 days when delisted respectively.
Average Days on the Market in East Gwillimbury over the past 12 months for properties that have sold was 19.2 days, with 43.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
50 new properties were listed on the market in East Gwillimbury in the last 30 days (January 2 - January 31). During the same time 15 properties were sold and 31 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 8.0%).
During the previous 30 day period (December 3 - January 1) there were 26 new properties listed, 27 sold and 36 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 176 new properties listed, the slowest - December with 29 new listings and a yearly average of 90 new listings per month.
New Real Estate Listings by Property Type
There were a total of 41 homes listed during the last 30 days (January 2 - January 31), which is 82.0% of all properties listed in East Gwillimbury. This is a 64.0% increase compared with a previous 30 day period (December 3 - January 1) and 32.8% down from the same period a year ago. Over the past year an average of 78 homes are were listed per month.
9 townhomes were listed over the last 30 days (January 2 - January 31) in East Gwillimbury, which is 18.0% of all new real estate inventory. This is a 800.0% more than during the previous 30 day period (December 3 - January 1) and 200.0% 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 13 homes sold during the last 30 days (January 2 - January 31), which is 86.7% of all properties sold in East Gwillimbury. This is a 48.0% decline compared with a previous 30 day period (December 3 - January 1) and 68.3% down from the same period a year ago. Over the past year an average of 37 homes are were sold per month.
2 townhomes were sold over the last 30 days (January 2 - January 31) in East Gwillimbury, which is 13.3% of all sold real estate. This is a 0.0% less than during the previous 30 day period (December 3 - January 1) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 6 a month.
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