Real Estate Market Data & Analyses for THORNHILL up to and including October 2009.

1. LOCAL MARKET DATA
THORNHILL
Detached Homes in Toronto Real Estate Board
(TREB) Map Areas N01 & N02
10/31/2009
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507

2. THORNHILL – Detached Homes INVENTORY
Thornhill
Detached Homes Available (Inventory)
350
300
250
2007
200
# Units
2008
150
2009
100
50
0
Jul
Oct
Jan
Feb
Jun
Mar
May
Nov
Dec
Sep
Aug
Apr
This chart outlines the total number of detached homes available for sale each month.
There were 132 detached homes available for sale in October 2009 - a 54.2% decrease from October 2008.
This is consistent with seasonal market trends – we tend to see a decrease in inventory levels over the fall and winter
months with an increase in the early spring.
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507

3. THORNHILL – Detached Homes SOLD
Thornhill
Detached Homes SOLD
140
120
100
2007
80
# Units
2008
60
2009
40
20
0
Jul
Jan
Feb
Jun
Oct
Mar
May
Nov
Dec
Sep
Aug
Apr
This chart outlines the total number of detached homes sold each month.
There was a significant jump in the number of detached homes sold between September 2009 and October 2009 – from 58
homes in September to 99 in October.
This also represents an increase of 191% from October 2008 to October 2009.
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507

4. THORNHILL – Sales-to-Inventory Ratio
Thornhill - Detached Homes
Sales-to-Inventory Ratio
80%
70%
60%
50%
40%
30%
20%
10%
0%
Jan-07
Mar-07
May-07
Jul-07
Nov-07
Jan-08
Mar-08
May-08
Jul-08
Nov-08
Jan-09
Mar-09
May-09
Jul-09
Nov-09
Sep-07
Sep-08
Sep-09
Sales-to-Inventory Ratio Seller's Market/Balanced Market Buyer's Market/Balanced Market
This chart outlines the Sales-to-Inventory ratio for detached homes in Thornhill.
To calculate the ratio, we take the total number of sales in a given time frame and divide that by the total inventory (available
homes) for the same period. The general consensus in the real estate industry is that a balanced market occurs when this ratio
lies between 15% and 25%. Anything below 15% would indicate a buyer’s market, and anything above 25% would indicate
a seller’s market.
The strong seller’s market that began in May 2009 in Thornhill has continued, and is now at it’s highest point since at least
January 2007. The sales-to-inventory ratio was 75% for October, meaning that for every 4 detached homes listed for sale in
Thornhill in October 2009, 3 of them have sold.
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507

5. THORNHILL – Detached Homes Sales Projections
Thornhill
Detached Home Sales Projections
12.0 100%
(Based on Previous 3 month period)
Odds of Selling in Upcoming Month
90%
10.0
80%
70%
Months of Supply
8.0
60%
6.0 50%
40%
4.0
30%
20%
2.0
10%
0.0 0%
May-07
Jun-07
Jul-07
Oct-07
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
May-08
Jun-08
Jul-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
May-09
Jun-09
Jul-09
Oct-09
Nov-09
Dec-09
Sep-07
Sep-08
Sep-09
Apr-07
Aug-07
Apr-08
Aug-08
Apr-09
Aug-09
Months of Supply Odds of Selling in Upcoming Month
This chart attempts to predict sales outcomes in upcoming months, based on the previous 3-months’ history.
The bars represent the Months of Supply, based on the demand experienced within the previous 3 month period. As of
October 31, 2009 there were an estimated 1.7 months worth of detached homes available on the market in Thornhill.
The line in the above graph represents the odds of selling a detached home in Thornhill in the upcoming month, again based
on the previous 3-months’ demand. At the end of October 2009, it is estimated that a seller would have a 57% chance of
selling their detached home in Thornhill in the upcoming month.
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507

6. THORNHILL – Detached Home Average Sale Price
Thornhill
Detached Homes - Average Sale Price
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$-
Jan-07
Mar-07
May-07
Jul-07
Nov-07
Jan-08
Mar-08
May-08
Jul-08
Nov-08
Jan-09
Mar-09
May-09
Jul-09
Nov-09
Sep-07
Sep-08
Sep-09
This chart outlines the average sale price each month for a detached home in Thornhill.
You will notice some fluctuation in this figure from month-to-month. When reviewing this chart, it is better to look at the
overall trending of the graph – in this case, the average sale price appears to be rising over time, from the $500,000-$600,000
range in early 2007 to the low-to-mid $600,000’s today.
Prepared By: Allison Parent, M.B.A., B.A.Sc. (Civil Eng.), Sales Representative
Sotheby’s International Realty Canada, 497 Davenport Road, Toronto, ON M4V 1B7
www.allisonparent.com aparent@sothebysrealty.ca
Office: 416.960.9995 Cellular: 416.910.4507