The below statictics are for Downtown Toronto Condos in MLS District C01 for the Month of August 2008. Watch in the next couple of weeks for August stats for Cityplace, Liberty Village, Waterpark City and other area’s in the downtown core.
Average Days on Market
The average days on market for August 2008 was 26.95 days, which is marginally higher over July.
Condos Units Sold
August saw 251 condo units sold, down from 333 units sold in July and down from 297 in August 2007.
Average Condo Selling Price
August 2008’s average selling price in Downtown Toronto C01 was $331,611, Down from $351, 016 in July. Interestingly the August 2007 Average Selling price was $331,631.