This month’s market snapshot is out covering numbers across the city.
August 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 8 percent in average sales price year over year. The average price of a home in Toronto for the month of September was $674,922.
The downtown Toronto Condo market saw a small price decrease of 1.1 percent year-over-year.
East Toronto prices were up 7.9 percent, inventory held steady compared with last year.. It is still a seller’s market as inventory challenges continue.
Midtown average prices were up 7.4 percent year-over-year.
West Toronto held steady in almost all categories year-over-year.
The average sales price in the Beaches increased by 21.2 percent year-over-year. Inventory was up slightly compared with September 2014.