Toronto Real Estate Statistics: MLS District E03 East York

Today we will take a look at Toronto’s East York area real estate stats.  MLS district E03 will be featured and include stats from residential resale homes and condo sales during the month of March.  Toronto’s East York is a very popular family oriented residential area. 

East York March 2008 Average Days on Market

East York Real Estate Statistics, march 08, Days on Market

The average days on market dropped to 24.77 in march from 26.59 in February.

East York March 2008 Units Sold

East York Real Estate Statistics, March 08, Units Sold

There were 111 units sold in March.  An increase of 10 units over February and an increase of 33 since January for a total of 300 units sold in 2008. 

East York March 2008 Asking to Sold Ratio 

East York Real Estate Statistics, March 08, Asked to Sold Ratio

Homes in E03 continued to sell for over asking with sellers on average getting 102.80%  of there asking price.

East York March 2008 Average Selling Price

East York Real Estate Statistics, March 08, Average Selling Price

The average selling price for East York dropped in March to $379,786.00.  This drop could be a result of smaller homes coming onto the market.

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Toronto Real Estate Statistics: MLS District C14 March 2008, North York

Below are some charts and graphs using information from the Toronto Real Estate Board for MLS District C14 in North York.  Later in the week we will look at East York’s E03 and E02 in the Beaches and North Yorks C15 will be near the end of the week.

Average Days on Market

North York Real Estate Statistics March 08, average days on market

March saw the average days on market for C14 drop down to 21.33 days from last months 27.94.

Units Sold

North York Real Estate Statistics, March 08 Units Sold

There were 140 units sold in C14, up slightly from February’s 135 units sold.

Selling to Asking Ratio

North York Real Estate Statistics, c14, March08, Selling to Asking Ratio

Sellers on average were getting 99.68% of there asking price in march.  Slightly higer than the 99.48% they were getting in February.

Average Selling Price

North York Real Estate Statistics, c14, March 08, Average Selling Price

The average selling price for c14 in March was $402, 385, up from February’s $389,919.

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Toronto Real Estate MLS Statistics: March 2008

It is time to look at some Toronto real estate statistics.  Below are graphs using information taken from the MLS and include all Toronto Districts.  Starting tomorrow you will be able to find the same information broken down district by district starting with C14 and will include all the C districts and E01-E03.  As always you can get this information broken down by street or postal code, just contact me for more personalised information. 

March Number of Units Sold 

Toronto Number of Units Sold March 08

There were 7011 units sold in March, up from 6527 in February

March Average Days on Market

Toronto Average Days on Market March 08

March’s average days on market was 29.76, Down from 30.91 in February

March Sold to Asking Price Ratio

Toronto Average asking to selling price ratio march 08

On average properties in Toronto sold for 98.36% of the Asking Price, the average is up marginally from February’s 98.32%.

March Average Selling Price 

Toronto Average Selling Price March 08

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Toronto Real Estate Board Mid April Update: GTA resale housing market down but still healthy

April 17, 2008 — The Greater Toronto Area resale housing market saw 3,955 homes change hands in the first half of April, down five per cent from the same time period last year, Toronto Real Estate Board President Maureen O’Neill announced today.

“The first half of April brought sales activity within five per cent of mid-April 2007,” said Ms. O’Neill.

In the City of Toronto sales are down 11 per cent compared to a year ago, with 1,514 transactions taking place. Inthe 905 suburbs, sales are down just over one per cent to 2,441 for mid-month April 2008 from 2,477 sales midmonth April 2007.

Throughout the GTA prices have risen seven per cent compared to the same timeframe last year, to an average of $399,117. In the City of Toronto the average stands at $454,211 up 10 per cent over mid-April 2007. The 905 Region has seen a six per cent increase compared to a year ago, with a current average price of $364,939.

The number of listings on the market is one per cent greater than last year with current inventory sitting at 22,985.

This indicates that inventory is on the rise. The positive news is homeowners are selling their homes with an average of 28 Days on Market compared to 30 a year ago. The slight increase in inventory levels and house prices are encouraging factors.

A number of GTA neighbourhoods showed strong sales activity during the first half of this month.

Willowdale (C07) saw a 75 per cent overall increase in transactions, driven by strong, detached, condo-apartment, and condo-townhouse sales.

In Vaughan/Thornhill (N02), transactions increased by 53 per cent compared to mid-April 2007, as a result of strong detached home sales.

Strong detached home sales also drove Brampton East (W24) to 37 per cent compared to the same timeframe a year ago.

In Riverdale (E01) transactions are up 10 per cent, also as a result of strong detached home sales.

“We’re also seeing sellers achieve on average 99 per cent of their asking price, which is one per cent higher than a year ago,” said Ms. O’Neill. “April’s numbers point to a stable, healthy market for the Greater Toronto Area this spring. However TREB still remains wary of the Land Transfer Tax in Toronto.”

Source: TREB (Toronto Real Estate Board)

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Toronto Real Estate Terrible MLS Photo of the Day #17

 Terrible MLS photo of the day LOGO

It has been a week since the last Terrible MLS photo of the day so I thought it was time for another one.  Don’t worry, there are plenty more to come they seem to be new photos everyday.

I suppose the agent thought this was a great photo of the scenic nature of the property but it is just bad.

Toronto Real Estate Terrible MLS Photo of the Day #17

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Featured Toronto Condos: 31 Bales Ave, North York

Featured Toronto Condos:  31 Bales Ave

31 Bales Ave.

31 Bales Ave. is a beautiful Menkes built Toronto Condo located in the heart of North York, just steps to Sheppard and Yonge.  The Sheppard TTC subway stop is a short walk and a very short distance to the highway 401 on ramp.

31 Bales Condos

This luxury Toronto Condo features some really nice units.  Most units have an open balcony and range in size from over 500 square feet to just over 1000 square feet.  The unit types range from 1 bedrooms all the way up to 3 bedrooms plus 2 washrooms.  Some units feature dens that can be used as another bedroom.

Local and Condo Amenities

The local amenities to 31 Bales ave are amazing.  It is walking distance to a movie theatre and mall at Yonge Sheppard center.  Groceries are even closer at Dominion and there is lots of restaurants and other entertainment just a few minutes away by foot or car.  Within the building there is an indoor pool, recreation room, exercise room, sauna, and a party room.  In addition there is 24 hour concierge and security system.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Communication is the Key to Buying and Selling Toronto Real Estate

Creative Commons License photo credit: theogeo

So you are trying to buy or sell your Toronto Real Estate. Maybe you have your home for sale or maybe you are looking to buy a condo or home.  Are you frustrated because you feel like you’re not communicating with your REALTOR®?  What options have you been given for communication?  With all the new technology and social networking that is going on now, there is no reason for you to feel like there is a lack of communication.

Just the fact that you are reading this article shows you that there are many different ways to communicate with a REALTOR®.   At the moment you can communicate with me by phone, fax, text message, e-mail, twitter, and facebook.  I also do instant messaging but I am not online often enough for that to be effective.

  • Phone:  I can be reached by phone at the office or on my cell.  It does occasionally happen, that I don’t answer the phone.  Voice mail is returned within 30 minutes, unless I have told you differently in my message.
  • E-mail:  You can e-mail me 24 hrs a day.  I am always checking e-mail during the day and respond quickly.
  • Text:  Text messaging isn’t the easiest way for me, but I still do it happily.  It will be easier soon as I plan on upgrading to a full keyboard phone shortly.
  • Facebook:  You can add me as friend on facebook.  I always like making new friends.  I even have widget on the sidebar for you to click to view my profile.  Go ahead and add me, but make sure you tell me why you wish to be my friend.
  • Twitter:  My account is TO_Real_Estate,  feel free to follow me.  I usually follow anyone who follow’s me.
  • Fax:  Really old school method of communication, but I do have it so if that’s what you want to use go ahead.

I sell Toronto Real Estate and being able to communicate with you is very important.  Let me know how you would like to be communicated with.  If I haven’t offered your preferred method of communication, let me know what it is so I can added it.  This is likely the most important transaction of your life;  you need to be able to get in contact with me anytime you feel the need.  Let’s communicate your way.

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Featured Toronto Condos: 17 Barberry Place, Empire, Bayview and Sheppard

17 Barberry Pl., The Empire on Bayview Condos

17 Barberry Place

17 Barberry Place is a beautifully built condo apartment building located in the New York towers at Bayview and Sheppard .  This building named the “Empire” is just down the street from Bayview Village Mall, Bayview Subway on the TTC’s Sheppard line and right at highway 401.  Highway 404/Don Valley Parkway is just a few minutes east.

Condo Apartment Units

The condo units at the Empire are really nicely done.  They feature 1 bedroom, 1 bedroom and 2 washrooms, 1 bedroom plus a den and 2 washrooms.  2 bedrooms and 2 washrooms.  Some of the penthouse suites feature 2 bedrooms, a den and 2 washrooms.  There are also some 2 storey townhouse units
available in this complex.

Local and Condo Amenities

The facilities at this building are excellent.  There is  24 hr concierge, indoor pool, recreation room, gym, exercise room, virtual golf and a theatre room.  Within a short walk there is a Chapters, Loblaws, shopping and restaurants all at Bayview Village mall.  A 2 minute drive along Sheppard and you will be at Ikea and Canadian Tire.  Fairview Mall is 5 minutes away at Don Mills.  There is a Movie Theatre and more shopping and other entertainment 5 minutes east at Yonge and Sheppard.

Maintenance Fees

The maintenance fees for 17 Barberry Place include heat, central air conditioning, parking, building insurance and common elements.  Taxes, hydro and cable on not covered with the fees.

  • 17 Barberry Pl., M2K 3E2
  • The Empire
  • Located at Bayview and Sheppard
  • 28 Floor High-Rise Condominium
  • Built by Daniels Corporation
  • Complete 2005
  • TSCC/1687

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

Fill in the form below for a list of condos For Sale or Rent sent to your email.