Thornhill Real Estate Statistics

Thornhill real estate average sold price in the last 30 days (March 27 - April 25) was $1,111,794, which is $175 (0.0%) higher than the average price of $1,111,619 in the previous 30 day period (February 26 - March 26), and $140,387 (12.6%) down from the same period 1 year ago ($1,252,181). Thornhill real estate prices over the last 30 days are also $65,048 (5.9%) lower than the average selling price of $1,176,842 over the past year.

Thornhill average sold price for homes was $1,855,334 in the last 30 days (March 27 - April 25), which is $215,069 (11.6%) up from the average home price of $1,640,265 in the previous 30 day period (February 26 - March 26), and $157,890 (8.5%) higher than the same period 1 year ago ($1,697,444). In the last 30 days Thornhill the average home price was $19,728 (1.1%) higher than the average selling price of $1,835,606 over the last 12 months.

Average Thornhill condo sold price over the last 30 days (March 27 - April 25) was $710,071. During this period it was $52,831 (7.4%) up from the average price of condo of $657,240 during the previous 30 days (February 26 - March 26), and $6,499 (0.9%) lower compared to the same period 1 year ago ($716,570). In the last 30 days Thornhill the average condo price was $8,271 (1.2%) higher than the average selling price of $701,800 over the last year.

Average sold price of Thornhill townhouse was $894,571 in the last 30 days (March 27 - April 25), down $58,029 (6.5%) from the average townhome price of $952,600 over the previous 30 days (February 26 - March 26), and $253,079 (28.3%) lower than during to the same period 1 year ago ($1,147,650). Over the last 30 days the average townhouse price in Thornhill was $85,447 (9.6%) lower compared to the average selling price of $980,018 over the last 12 months.

Average selling price for Thornhill real estate was $1,111,794 in the last 30 days (March 27 - April 25), which is collectively $30,036 (2.4%) higher than the average asking price of $1,226,295. This represents an increase of $10,367 (52.7%) compared to $19,669 (1.5%) Sold-Over-Asking price from the previous 30 day period (February 26 - March 26).

The maximum Sold Over/Under Asking ratio in Thornhill during the last 12 months was recorded in June, 2023 with an average of $78,960 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 55.0% with 72 properties sold and 104 new properties listed in the past 30 days (March 27 - April 25). This represents a decrease from 63.5% recorded during the previous 30 day period (February 26 - March 26), and a decrease from 83.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Thornhill was 139.4% recorded in July and the lowest was in September at 32.8%. 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 72 properties that were successfully sold in Thornhill in the last 30 days (March 27 - April 25) was 14 days, which is 2 days less than 16 days average in the previous 30 day period (February 26 - March 26) and 4 days shorter than during the same period a year ago (18 days).

There were 58 delisted properties in Thornhill, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 57 days on the market. This is 2 days longer than the average of 55 days during the previous 30 day period (February 26 - March 26) and 27 days less compared to the same period last year average of 84 days on the market.

58 Thornhill properties that didn't sell stayed on the market 307.1% longer than 72 that sucessfully sold over the last 30 days - 14 days when sold vs 57 days when delisted respectively.

Average Days on the Market in Thornhill over the past 12 months for properties that have sold was 20.3 days, with 54.8 days for those properties that did not sell.

131 new properties were listed on the market in Thornhill in the last 30 days (March 27 - April 25). During the same time 72 properties were sold and 58 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 0.8%).

During the previous 30 day period (February 26 - March 26) there were 104 new properties listed, 66 sold and 46 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 125 new properties listed, the slowest - December with 39 new listings and a yearly average of 94 new listings per month.

There were a total of 54 homes listed during the last 30 days (March 27 - April 25), which is 41.2% of all properties listed in Thornhill. This is a 22.7% increase compared with a previous 30 day period (February 26 - March 26) and 50.0% up from the same period a year ago. Over the past year an average of 38 homes are were listed per month.

59 condo units were listed in the last 30 days (March 27 - April 25) in Thornhill, which represents 45.0% of all new listings. This is up 25.5% from the prior 30 day period (February 26 - March 26) and 47.5% more compared to the same period last year. There were 40 condos listed per month on average during the last 12 months.

18 townhomes were listed over the last 30 days (March 27 - April 25) in Thornhill, which is 13.7% of all new real estate inventory. This is a 38.5% more than during the previous 30 day period (February 26 - March 26) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 16 a month.

There were a total of 23 homes sold during the last 30 days (March 27 - April 25), which is 31.9% of all properties sold in Thornhill. This is a 11.5% decline compared with a previous 30 day period (February 26 - March 26) and 36.1% down from the same period a year ago. Over the past year an average of 24 homes are were sold per month.

35 condo units were sold in the last 30 days (March 27 - April 25) in Thornhill, which represents 48.6% of all sold properties. This is up 40.0% from the prior 30 day period (February 26 - March 26) and 29.6% more compared to the same period last year. There were 25 condos sold per month on average during the last 12 months.

14 townhomes were sold over the last 30 days (March 27 - April 25) in Thornhill, which is 19.4% of all sold real estate. This is a 6.7% less than during the previous 30 day period (February 26 - March 26) and 6.7% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 12 a month.