Posted by: torontocondo | October 9, 2009

Central Toronto Condos September Sales

Toronto Condos in the Central Real Estate districts again, showed strength in prices for the month of September. Sales to active listings percentages and also the average sales to listed price percentages also did well.

Here are the Toronto Real Estate Boards September, 2009 average resale Condo prices for the Central Districts.

Area Act Sales Av.Price Med.Price % S-A Av.% List
C01 443     326 $380,308  $340,000  73.6.2  100
C02   90       31 $752,806  $500,000  34.4  98
C03   25         6 $445,750  $352,500  24.0 103
C04   40       14 $286,000  $294,500  35.0  97
C06   12       10 $287,100  $257,000  83.3  97
C07   80       80 $310,876  $289,500 100.0  100.0
C08 144     129 $347,651  $322,500  89.6  101
C09   17       16 $538,050  $497,000  94.1  97
C10   46       38 $423,438  $408,500  82.6  102
C11   31       16 $172,313  $139,500  51.6  96
C12   23         3 $636,000  $360,000  13.0  98
C13   70       44 $268,340  $242,500  62.9  99
C14  89     111 $325,481  $308,000  124.7 101
C15 126       67 $319,928  $264,500  53.2  99

 

Toronto Condo sales to active listings percentage in a normal Toronto 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 100% of the listed price and ( C08 ) saw the sales to active listings at a high 101%.

We  follow the Toronto Central Condo Districts of C01, C07, C08, C14 and C15 because they are the Toronto Real Estate districts with the most Condo sales.

A larger district is able to give a better picture of the current Toronto Condo Market and what direction it is taking from month to month.

The other reason, we like downtown Toronto Condos and North York Condos,  is because we specialize in Toronto Condo Listings.

Toronto Condos in the downtown area ( C01 ),  showed an increase of  10.7.% in average price to $380,308 from September, 2008 to September, 2009.

Toronto Real Estate Condo listings in ( C02 ) had an average price of $752,806, a 44.6 per cent increase! This central district has Luxury Condominiums on Hazelton Lanes, Yorkville Avenue, Avenue Road, Cumberland and Bellair St. to name a few.

The upcoming Real Estate statistics for Toronto, should be interesting to see if the month over month average prices continues to improve.

Related:

Toronto’s Most Expensive Luxury Condos


Responses

  1. [...] Central Toronto Condos September Sales [...]

  2. [...] Central Toronto Condos September Sales [...]


Categories