March 2016 Toronto Real Estate Market figures are out. Click on your neighbourhood of interest for a detailed summary: Toronto | Downtown | East Toronto | West Toronto | Midtown | The Beach(es)
As always, I’m happy to answer any specific questions you may have about your neighbourhood. Call me anytime at 416-690-2181
The overall Toronto market saw an increase of 6.8 percent in average sales price year over year. The average price of a home in Toronto for the month of March was $699,745.
The downtown Toronto Condo market saw a price increase of 10.6 percent year-over-year.
East Toronto prices were up 15.3 percent, the number of homes sold increased slightly year-over-year while the number of new listings decreased over the same period last year.
Midtown average prices increased 9.4 percent year-over-year.
West Toronto saw a price increase of 11.3 percent year-over-year, while sales volumes increased and new listings went down by a few hundred.
The average sales price in the Beaches was up by 7.4 percent year-over-year.