Below is a look at Toronto’s real estate statistics for January 2008. The information is taken directly from the Toronto Real Estate Board. The new year has started of strong. If you are considering buying or selling a home in Toronto, be sure to e-mail me to get these graphs broken down to the street you are buying or selling on.
Average Days On Market
The Average Days on the Market in January was 35.60 Down from Decembers 37.11
Number of Units Sold
The number of units sold in January was 5211 up from Decembers 4799.
Average Sold to Asking Price Ratio
Januarys selling price to asking price ratio was 98.09 % up from Decembers 97.99 %.
Median Selling Price
Januarys median selling price was $321,000.00, Down from Decembers $325,000.00
Average Selling Price
Januarys average selling price was $377,368.00 Down from Decembers $401, 432.00.