Toronto Condos in the Central Real Estate districts again, showed strength in prices for October, 2009. Sales to active listings percentages and also the average sales to listed price percentages continued to do well.
Here are the Toronto Real Estate Boards October, 2009 average resale Condo prices for the Central Districts.
| Area | Act | Sales | Av.Price | Med.Price | % S-A | Av.% List |
| C01 | 419 | 305 | $398,788 | $340,500 | 72.8 | 101 |
| C02 | 95 | 37 | $594,814 | $472,400 | 39.0 | 101 |
| C03 | 20 | 17 | $559,729 | $555,000 | 85.0 | 98 |
| C04 | 38 | 22 | $360,591 | $291,500 | 57.9 | 97 |
| C06 | 14 | 9 | $286,331 | $290,000 | 64.3 | 99 |
| C07 | 77 | 100 | $319,063 | $306,250 | 129.9 | 100 |
| C08 | 153 | 135 | $365,577 | $326,000 | 88.2 | 102 |
| C09 | 19 | 11 | $570,799 | $620,000 | 57.9 | 100 |
| C10 | 51 | 53 | $472,171 | $410,000 | 103.9 | 103 |
| C11 | 30 | 19 | $211,687 | $196,000 | 63.3 | 98 |
| C12 | 22 | 5 | $611,100 | $575,000 | 22.7 | 101 |
| C13 | 69 | 28 | $281,052 | $264,500 | 40.6 | 99 |
| C14 | 93 | 103 | $325,481 | $308,000 | 124.7 | 101 |
| C15 | 126 | 62 | $285,172 | $262,504 | 44.9 | 100 |
Toronto Condo sales to active listings percentage in a normal Toronto Real Estate Market are 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 101% of the listed price and ( C08 ) saw the sales to active listings at a high 102%.
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 15.0% in average resale price to $398,788 from October, 2008 to October, 2009.
Toronto Real Estate Condo listings in ( C02 ) had an average price of $594,814, a 37.0 per cent increase! This central Toronto 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.
It should be noted that these comparisons reflect on 2008 when Toronto Real Estate was lower in both sales and price reflecting the world-wide economic recession.
Related Posts:
Toronto Condos October Results
