Central Toronto Houses 2017 4th Quarter Report C12

Including: Bridle Path , Sunnybrooke & St. Andrews, Windfields, Hoggs Hollow

Central Toronto   2017     2016   Difference
House Sales   63     107   - 41.2%
Homes Average Price   $2,682,537     $2,574,260   4.2%
New Listings   149     134   11.1%
Active Listings   73     49     49%
% of Final Sales Price to Listing Price   96%     101%   - .06%
Days on Market   27     24   - .28%

 

  Sales Average Price Detached New Listings Days on Market % Sold Price vs. Listing Price
Bridle Path & Sunnybrook 32 $3,154,238 60 32 96%
St. Andrew's & Windfields 31 $2,195,621 89 22 96%

 


2nd Quarter 2014 Toronto Real EstateI love to gauge the luxury real estate of Toronto by C12. It offers showing the strength of the market on a whole. Most of this area are homes over a million dollars and before a market slides you tend to see weakness in the luxury neighbourhoods. This is the case in this area. Sales were in fact down by 41.2% over the same period last year however we saw the prices climb to over 2.6 million; a 4.2% increase over the same period of last year.

The area that we did see an increase was in new listings which was 11.1% up from the year prior though inventory was increased at the end of the quarter to 73 properties for sale. The listings were on the market 3 days longer than last year.

Bridle Path and Sunnybrook sales of 16 detached homes at over 4.9 million and we saw 60 new listings selling in 32 days. This market continues to hold its own with small signs of weakness. No one will know what is to come in the future but for you sellers thinking of going into the market now is the time.

The same holds true for St. Andrew's and Windfields where prices were up, Listings were up and days on the market were up slightly.

I will be watching very closely what will happen in this market over the next few months. At this time we see no changes for the worse.

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