Toronto MLS Average Home Price And Sales Mid-May

 

Toronto Ashbridges Bay Park

Mid-May Results for Toronto Homes And Condos

During the first 14 days of May, Toronto Home sales in the low-rise segment drove overall price growth for all home types to an average price of $543,838-up by 5.4 per cent.

All Toronto home types recorded a reduction in sales from -6.0% to -21.3% for the same period.

Below are the average resale prices Mid-May for Toronto Home-types(416 area):

• Toronto Detached Homes- $844,334 up 2.0%
• Toronto Semi-detached- $630,984 up 5.5%
• Toronto TownHouse- $457,666 down -2.3%
• Toronto Condos- $377,341 up 2.1%

According to the Toronto Real Estate Board the low-rise segment of the Toronto Market drove overall price growth as the resale Home inventory remained below historic levels.

View the latest updated Toronto Home sales below:

Toronto Downtown Condos For Sale

Toronto Rosedale Homes For Sale

Pictured above: Toronto Ashbridges Bay Park, so convenient for all Toronto Downtown Condo residents!

Toronto Downtown Condos Average Price April

 



Yonge Sheppard Condos North York



 

Toronto Downtown Condos Average Price April

It has been a wet Spring so far this year but the Downtown Toronto Condos market continues to heat up.

Condos in downtown Toronto in the two biggest downtown districts C01, and C08 trended higher in April

The average Toronto Condominium price increased by $16,284 in the second largest Toronto downtown District, C02 up by 4.8 per cent.

We were expecting The Toronto downtown area C01 to trend higher in April however as the biggest Condo sales district it was not off by much with just a -1.0 per cent decrease.

Toronto Downtown Condos Average Price April 2013

District	Average Price 2012	Average Price 2013	Difference	Percentage
C01	$425,604	$421,313	$4,291	-1.0%
C08	$398,672	$414,956	$16,284	+4.08%

The average price for Toronto Condos is made up of several different statistics:

• Size of the Toronto Real Estate District
• Number of Condos sold (the more the better for an average resale price)
• Number of new Condos just entering the market
• High end luxury Hotel/Condo properties coming on the market
• Condo project specific- a project with say just boutique Condos at a lower price
• Time of year, usually Spring market!
• Any many more specifics..

Pictured above Yonge Sheppard Condos For Sale,Rent.

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View:

Bay Bloor Condos

Bay And College Condos

Burano Condos For Sale/Rent-Bay Street Condos Toronto



Burano Condos Bay Street



Burano Condos on Bay Street Toronto

Here we have a modern new Condominium rising from the older Addison On Bay car dealership at 832 bay street adding to the many new Condos at Bay and College.

The Burano Condominiums offer:

• 24-hour concierge
• Party Room
• Theatre Room
• Gym
• Outdoor Pool and Hot Tub
• Catering Kitchen
• Internet Lounge
• And much more...

Search here for Burano Condos for sale/rent.

Thinking of renting or selling your Burano Condo, then call me for more information.

View other Bay Street Condos in the area- Bay and College Condos.

Canadian Home Sales Rise Month Over Month In March



Murano Condos Bay Street Toronto



Canadian home Sales March 2013

According to the Canadian Real Estate Association (CREA), home sales in Canada increased 2.4 per cent from February to March but were below levels one year ago.

Highlights Of Canadian Home Sales:

• The Canadian housing market remains in balanced territory
• National home sales rose 2.4 per cent month-over-month
• The average home price rose 2.5 per cent on a year-over-year basis in March
• The number of new listings for homes increased 3.2 per cent from February to March
• The national average for home sales was $378,532 up 2.5 per cent from February

The average price growth for all property types:

• One-storey single family homes +3.4%
• Two-storey single family homes +2.5%
• Townhouses/Row units +2.1%
• Condos/Apartments +0.4%

View:

Bay Bloor Condos For Sale

Bay and College Condos For Sale

Toronto Downtown Condos Average Resale Price March



Burano Condos Bay Street



Toronto Downtown Condos Average Price March

It has been a cool beginning to Spring this year but the downtown Toronto Condos market is beginning to heat up.

Condos in downtown Toronto in the two biggest downtown districts C01, and C08 trended higher in March.

The average Toronto Condominium price increased by $19,957 in the largest Toronto downtown District, C01 up by 4.8 per cent.

Toronto Downtown Condos Average Price March 2013

District	Average Price 2012	Average Price 2013	Difference	Percentage
C01	$416,943	$436,900	$19,957	+4.8%
C08	$397,870	$417,904	$20,034	+5.03%

The average price for Toronto Condos is made up of several different statistics:

• Size of the Toronto Real Estate District
• Number of Condos sold (the more the better for an average resale price)
• Number of new Condos just entering the market
• High end luxury Hotel/Condo properties coming on the market
• Condo project specific- a project with say just boutique Condos at a lower price
• Time of year, usually Spring market!
• Any many more specifics..

Pictured above Burano Condos For Sale/Rent

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View:

Bay Bloor Condos

Bay And College Condos

Toronto Downtown Condos Average Resale Price February



Lumiere Condos Bay Street



Toronto Downtown Condos Average Price February

February is still the cooler part of the Toronto Condos market and this year is no exception.

Condos in downtown Toronto in the two biggest downtown markets trended lower.

The average Condominium price dipped 1.3 per cent in the largest Toronto downtown District, C01 by 1.3 per cent.

Toronto Downtown Condos Average Price February 2013

District	Average Price 2012	Average Price 2013	Difference	Percentage
C01	$426,741	$421,310	$5,431	-1.3%
C08	$405,073	$371,904	$33,169	-8.2%

The average price for a Toronto Condo is made up of several different statistics:

• Size of the Toronto Real Estate District
• Number of Condos sold (the more the better for an average resale price)
• Number of new Condos just entering the market
• High end luxury Hotel/Condo properties
• Condo project specific- a project with say just boutique Condos at a lower price
• Time of year, usually Spring market!
• Any many more specifics..

Pictured above Lumiere Condos For Sale/Rent.

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View:

Bay Bloor Condos For Sale

Toronto MLS Home Sales and Average Price Mid-March



Shangri La Condos Toronto

Mid-Month Toronto Home Sales and Average Resale Price

March 18, 2013- According to the Toronto Real Estate Board in the first 14 days of March 2013 there were 3,594 transactions down 11.5 per cent compared to last year.

With sales and listings up slightly there was enough competition between home buyers to increase the average selling price on all home types on an annual basis.

Toronto Condos were up in average price over last year increasing by 1.9 per cent to $368,715.

The average selling price for all types of Toronto Homes was $532,102 an increase of 6 per cent year-over-year.

The Toronto Real Estate Board forecast the average selling price for a Toronto Home to be $515,000 in 2013 with all home types combined.

Pictured above: Shangri La Condos Toronto

Toronto Condos For Sale

Toronto Homes For Sale

Toronto Homes Average Price Increase February 2013



Toronto Downtown Condos



Toronto Homes Increase In Average Price February

The average resale price of Toronto Homes increased to $510,580, up two per cent on a year over year basis.

Fewer luxury detached homes sold contributing to a lower overall price for homes in Toronto and area.

The reason was Ottawa's crackdown on buyers of homes over $1 million requiring at least 20 per cent or $200,000 minimum as a down payment.

Add the 100 per cent Toronto Land Transfer Tax and you can see how buyers and sellers rethink their move at the present time.

The Toronto Real Estate Board is forecasting an average resale price of $515,000 in 2013.

Toronto Condos accounted for 1352 of the total Toronto MLS February sales at an average resale price of $331,597. Toronto Condos in the City of Toronto trended higher at $352,614.

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Toronto Downtown Condos Affordable-to Buy Or Rent

Toronto Condos On Bloor Street