Toronto Real Estate Statistics: MLS District E03 East York

Steven — Mon, 28 Apr 2008 21:44:09 +0000

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

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

East York March 2008 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

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

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: Two New Records Set In First Two Weeks of December!

Steven — Wed, 26 Dec 2007 17:45:59 +0000

Toronto Real Estate: Two New Records Set In First Two Weeks of December!

December 19, 2007 — The Greater Toronto resale home market reached two new heights during the first half of this month Toronto Real Estate Board President Maureen O’Neill announced today.

“The 2,868 transactions recorded during the first two weeks of December have made this the first year that sales have exceeded 90,000,” said Ms. O’Neill.

This activity also represents a 3 per cent increase over the 2,783 sales recorded during the first two weeks of December 2006.

This year’s record activity has been matched by record prices.

“The average price is now $404,707, which is the first time it has exceeded $400,000,” said Ms. O’Neill.

The current average price has increased 3 per cent since last month and 19 per cent compared to the same timeframe a year ago.

In the Danforth area (E03) transactions are up 24 per cent compared to mid-December 2006, as a result of strong semi-detached sales.

New Toronto transactions (W06) are up 43 per cent compared to the same timeframe a year ago, as a result of strong condominium apartment sales.

Condominium apartment transactions Downtown (C01) also pushed overall sales in that area up 28 per cent compared to the first half of December 2006.

In North York (C14) detached home transactions led to an overall sales increase of 34 per cent in the area compared to mid-December 2006.

“The two new precedents set in the last two weeks is certainly positive news, said Ms. O’Neill. It’s shaping up to be a busy holiday season for homebuyers and sellers alike.”

Source: TREB (Toronto Real Estate Board)