This month’s market snapshot is out covering numbers across the city.
April 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 on increase of 10.4 percent in average sales price year over year. The average price of a home in Toronto is now about $682,000.
The downtown Toronto Condo market saw a price increase of 7.2 percent year-over-year.
East Toronto prices were up 13.8 percent, inventory (new listings) had a slight increase compared with last year.. It is still a seller’s market as inventory challenges continue.
Midtown average prices were 15.9 percent year-over-year, while new listings and sales were both slightly down.
West Toronto saw an increase in average prices of 8.8 percent. The number of sales and were up year-over-year.
The average sales price in the Beaches increased by 16.2 percent year-over-year.