Thornhill Real Estate for Sale
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About Thornhill Real Estate
Located a short 25-minute commute from downtown Toronto, the wonderful city of Thornhill has seen its diverse population grow steadily over the last number of decades. People are drawn to its luscious green spaces and community atmosphere, but also due to property prices. A detached home can be purchased for slightly less than in Toronto, but you also get a little more for your dollar in Thornhill. Due to its proximity to Toronto, many people flock to the area to find their dream home, townhouse or condo, which the city has plenty of. There is an array of newly built and brand new low and high-rises across the city, with new developments being constructed annually. Properties go quickly in Thornhill, as they only sit on the market for an average of a few weeks.
Understanding the Thornhill Real Estate Market
Buying a property in Thornhill grants you access to a variety of indoor and outdoor activities to enjoy. There are heritage parks, trails and sports fields to get you outdoors and staying active. Thornhill also has a wide selection of fine-and casual-dining restaurants, bars, shopping centres, spas and galleries to check out. Thornhill continues to have a steady inventory of properties for sale, so finding a place to meet your lifestyle needs is no issue. This also makes Thornhill a great city to buy investment properties in, as the area is highly sought-after and in demand. Due to its popularity, properties retain their value extremely well and typically see an annual increase in value. Find your perfect space in Thornhill today!
Thornhill Real Estate Statistics
Thornhill real estate average sold price in the last 30 days (January 21 - February 19) was $871,263, which is $248,286 (28.5%) lower than the average price of $1,119,549 in the previous 30 day period (December 22 - January 20), and $343,514 (39.4%) down from the same period 1 year ago ($1,214,777). Thornhill real estate prices over the last 30 days are also $211,241 (24.2%) lower than the average selling price of $1,082,504 over the past year.
Thornhill average sold price for homes was $1,529,000 in the last 30 days (January 21 - February 19), which is $431,877 (28.2%) down from the average home price of $1,960,877 in the previous 30 day period (December 22 - January 20), and $460,571 (30.1%) lower than the same period 1 year ago ($1,989,571). In the last 30 days Thornhill the average home price was $176,580 (11.5%) lower than the average selling price of $1,705,580 over the last 12 months.
Average Thornhill condo sold price over the last 30 days (January 21 - February 19) was $639,382. During this period it was $106,551 (16.7%) down from the average price of condo of $745,933 during the previous 30 days (December 22 - January 20), and $92,998 (14.5%) lower compared to the same period 1 year ago ($732,380). In the last 30 days Thornhill the average condo price was $59,609 (9.3%) lower than the average selling price of $698,991 over the last year.
Average sold price of Thornhill townhouse was $865,214 in the last 30 days (January 21 - February 19), up $27,952 (3.2%) from the average townhome price of $837,262 over the previous 30 days (December 22 - January 20), and $269,919 (31.2%) lower than during to the same period 1 year ago ($1,135,133). Over the last 30 days the average townhouse price in Thornhill was $107,626 (12.4%) lower compared to the average selling price of $972,840 over the last 12 months.