Thornhill Real Estate Statistics

Thornhill real estate average sold price in the last 30 days (October 21 - November 19) was $1,105,073, which is $40,407 (3.7%) higher than the average price of $1,064,666 in the previous 30 day period (September 21 - October 20), and $253,755 (23.0%) down from the same period 1 year ago ($1,358,828). Thornhill real estate prices over the last 30 days are also $25,514 (2.3%) lower than the average selling price of $1,130,587 over the past year.

Thornhill average sold price for homes was $1,737,252 in the last 30 days (October 21 - November 19), which is $202,389 (11.6%) up from the average home price of $1,534,863 in the previous 30 day period (September 21 - October 20), and $490,810 (28.3%) lower than the same period 1 year ago ($2,228,062). In the last 30 days Thornhill the average home price was $76,030 (4.4%) lower than the average selling price of $1,813,282 over the last 12 months.

Average Thornhill condo sold price over the last 30 days (October 21 - November 19) was $653,250. During this period it was $34,321 (5.3%) down from the average price of condo of $687,571 during the previous 30 days (September 21 - October 20), and $37,102 (5.7%) lower compared to the same period 1 year ago ($690,352). In the last 30 days Thornhill the average condo price was $54,924 (8.4%) lower than the average selling price of $708,174 over the last year.

Average sold price of Thornhill townhouse was $941,454 in the last 30 days (October 21 - November 19), down $73,705 (7.8%) from the average townhome price of $1,015,159 over the previous 30 days (September 21 - October 20), and $91,354 (9.7%) higher than during to the same period 1 year ago ($850,100). Over the last 30 days the average townhouse price in Thornhill was $45,333 (4.8%) lower compared to the average selling price of $986,787 over the last 12 months.

Average selling price for Thornhill real estate was $1,105,073 in the last 30 days (October 21 - November 19), which is collectively $14,777 (1.3%) lower than the average asking price of $1,177,086. This represents an increase of $16,134 (52.2%) compared to $30,911 (2.5%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Thornhill during the last 12 months was recorded in February, 2024 with an average of $30,306 over the asking price, while the minimum occurring in November, 2023 with $89,013 below the asking price.

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 Thornhill was 56.7% with 55 properties sold and 132 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 37.9% recorded during the previous 30 day period (September 21 - October 20), and an increase from 44.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Thornhill was 69.2% recorded in December and the lowest was in June at 34.3%. 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.

The Average Days on the Market (DOM) for 55 properties that were successfully sold in Thornhill in the last 30 days (October 21 - November 19) was 31 days, which is 3 days less than 34 days average in the previous 30 day period (September 21 - October 20) and 8 days longer than during the same period a year ago (23 days).

There were 95 delisted properties in Thornhill, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 58 days on the market. This is 4 days shorter than the average of 62 days during the previous 30 day period (September 21 - October 20) and 10 days more compared to the same period last year average of 48 days on the market.

95 Thornhill properties that didn't sell stayed on the market 87.1% longer than 55 that sucessfully sold over the last 30 days - 31 days when sold vs 58 days when delisted respectively.

Average Days on the Market in Thornhill over the past 12 months for properties that have sold was 24.8 days, with 58.1 days for those properties that did not sell.

97 new properties were listed on the market in Thornhill in the last 30 days (October 21 - November 19). During the same time 55 properties were sold and 95 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 53 properties (or 54.6%).

During the previous 30 day period (September 21 - October 20) there were 132 new properties listed, 50 sold and 77 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 161 new properties listed, the slowest - December with 39 new listings and a yearly average of 110 new listings per month.

There were a total of 36 homes listed during the last 30 days (October 21 - November 19), which is 37.1% of all properties listed in Thornhill. This is a 14.3% decline compared with a previous 30 day period (September 21 - October 20) and 63.6% up from the same period a year ago. Over the past year an average of 42 homes are were listed per month.

48 condo units were listed in the last 30 days (October 21 - November 19) in Thornhill, which represents 49.5% of all new listings. This is down 29.4% from the prior 30 day period (September 21 - October 20) and 4.0% less compared to the same period last year. There were 50 condos listed per month on average during the last 12 months.

13 townhomes were listed over the last 30 days (October 21 - November 19) in Thornhill, which is 13.4% of all new real estate inventory. This is a 40.9% less than during the previous 30 day period (September 21 - October 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 18 a month.

There were a total of 20 homes sold during the last 30 days (October 21 - November 19), which is 36.4% of all properties sold in Thornhill. This is a 11.1% increase compared with a previous 30 day period (September 21 - October 20) and 25.0% up from the same period a year ago. Over the past year an average of 18 homes are were sold per month.

24 condo units were sold in the last 30 days (October 21 - November 19) in Thornhill, which represents 43.6% of all sold properties. This is up 14.3% from the prior 30 day period (September 21 - October 20) and 41.2% more compared to the same period last year. There were 24 condos sold per month on average during the last 12 months.

11 townhomes were sold over the last 30 days (October 21 - November 19) in Thornhill, which is 20.0% of all sold real estate. This is a 0.0% less than during the previous 30 day period (September 21 - October 20) and 120.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 9 a month.