Toronto Condos in the Central Real Estate districts showed strength in prices for the month of April in the sales to active listings percentages and also the average sales to listed price percentages as well.
Here are the Toronto Real Estate Boards April, 2009 average resale Condo prices for the Central Districts.
| Area | Act | Sales | Av.Price | Med.Price | % S-A | Av.% List |
| C01 | 730 | 290 | $329,278 | $300,000 | 39.7 | 98 |
| C02 | 123 | 21 | $508,802 | $418,000 | 17.1 | 96 |
| C03 | 49 | 14 | $420,036 | $380,000 | 28.6 | 96 |
| C04 | 70 | 25 | $297,330 | $255,000 | 35.7 | 95 |
| C06 | 24 | 9 | $242,111 | $250,000 | 37.5 | 97 |
| C07 | 145 | 88 | $288,862 | $278,750 | 60.7 | 97 |
| C08 | 216 | 125 | $319,598 | $284,000 | 57.9 | 97 |
| C09 | 34 | 14 | $508,500 | $427,000 | 41.2 | 96 |
| C10 | 134 | 58 | $350,098 | $327,750 | 43.3 | 97 |
| C11 | 53 | 16 | $178,188 | $167,000 | 30.2 | 97 |
| C12 | 44 | 8 | $532,225 | $420,900 | 18.2 | 97 |
| C13 | 80 | 27 | $253,603 | $237,000 | 33.8 | 97 |
| C14 | 213 | 109 | $308,432 | $279,180 | 51.2 | 97 |
| C15 | 134 | 41 | $265,890 | $248,000 | 30.6 | 95 |
Condo sales to active listings percentage in a normal Real Estate Market is 24%-28% with 24% and below a buyer’s Market and above 28%, a sellers Market.
The Toronto Real Estate district ( C01 ) saw resale Condos sell for 98% of the listed price and ( C07 ) saw the sales to active listings at a high 60.7%.
We like to follow the Central Condo Districts of C01, C07, C08, C14 and C15 because they are the biggest Toronto districts with the most Condo sales.
A larger district is able to give a bigger picture of the Toronto Condo Market and what direction it is taking from month to month.
The other reason ,we like downtown Toronto and North York Condos , is because we specialize in Toronto Condo Listings.
Some Toronto Condo areas like C04 showed an increase of 7.8% in average price from April2 2008 to April 2009.
The upcoming Real Estate statistics for Toronto in May,should be the “strongest” for the 2009 reflecting the annual Spring Market.
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By: Toronto Real Estate Average Prices « Toronto Condos on June 15, 2009
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