July 5, 2017- Active listings are finally up for freehold properties. But active 416 condo apartment listings are actually down 32% from a year ago. The average detached 416 house sells for $1,503,868, the average 416 condo apartment $564,808. There is less than a two month supply of homes so there is demand for properties. There has been a blip with many factors happening at one time, like the Ontario Fair Housing Act and many homeowners listing all at once, but the feeling is that the Toronto market will stay strong. A good time to be buying, especially a freehold property. Read the full Market Watch report here and visit TOrealestate.ca Andrea Stark, Sales Representative, Royal LePage Real Estate Svcs., Ltd., J&D Division, Brokerage 416-489-2121 email@example.com
June 2nd, 2017- Enclave of executive residences, close to great schools, parks, and shopping including new Whole Foods Market. Super convenient to downtown via Mount Pleasant, Bayview or DVP. $1,395,000. Just imagine the possibilities! For more details, visit TOrealestate.ca– Andrea Stark, Sales Representative, Johnston & Daniel Division, Royal LePage RE Svcs. Ltd, Brokerage. 416-489-2121
April 5, 2017- And so it continues….With active listings down a further 35.2% from last year, sales up 17.7%, inventory gets tighter so frustrated buyers are paying high prices to obtain scarce properties in Toronto. The average sale price of properties of all types is up 33.2% this year to $1,661,780 for a detached property and $550,299 for a condo apartment. (416 area). Want strategies on how to snap up a place? Or how to maximize the sale of your home? Read the full TREB Market Watch Report and connect with Andrea Stark, Sales Representative, Johnston & Daniel, Royal LePage RE Svcs. Ltd., Brokerage 416-489-2121
March 6, 2017- No wonder the competition is fierce for property in Toronto- not enough product for all the interested buyers! The average selling price is up 27.7% from this time last year- detached houses in 416 are selling for $1,573,622 and a condo apartment is selling for $515,424 on average. Read the full TREB Market Watch report and contact Andrea Stark, Sales Representative, Johnston & Daniel Division, Royal LePage Real Estate Services, Ltd., Brokerage 416-489-2121 for winning strategies in this tricky market, for personal award-winning service, and over 24 years of experience selling Toronto homes.
Feb 3, 2017- Active listings are down by half, sales are up 11.8% and the average Days on the Market is down 34.5% to only 19. The average selling price for a detached property in the 416 area is now $1,336,640. The average selling price of a 416 condo apartment is $471,409. With such short supply, prices keep increasing. Even though Donald Trump remains a wild card, and the Vancouver market has changed, the Toronto market stays strong. If you have a property to sell, what are you waiting for? Read TREB’s Market Watch Report and contact Andrea Stark, Sales Representative, Johnston & Daniel, Division Royal LePage RES Ltd., Brokerage for personal real estate service and advice. TOrealestate.ca 416-489-2121
January 5, 2017- The average sale price of all homes in Toronto went up 20% in the last year- detached homes up 23.7% on average and condo apartments up 16.6%. In the City of Toronto, the average price of a detached home is now $1,286,600. In Central Toronto, $2,068,876! In the City of Toronto, the average condo sold for $466,692. In Central Toronto, $626,118. The feeling is that the market will remain strong, but there are new borrowing rules, borrowing rates are increasing, and there are big question marks coming from our neighbour to the south. Our city and country remain attractive to foreign buyers. Read TREB’s Market Watch Report and visit TOrealestate.ca for more info on Toronto real estate by Andrea Stark, Sales Representative, Johnston & Daniel, Division of Royal LePage R.E. Services Ltd., Brokerage 416-489-2121
December 13, 2016- Goes to show how busy I am- never this late with monthly market updates! So: sales are up in Toronto 16.5% from this time last year and the average sale price of all properties is up 22.7%. The average sale price of a detached home in the 416 area is up 32.3% to $1,345,962 and the average condo apartment is up 13.5% to $471,266. So far, the new mortgage rates have not affected activity in Toronto. We will see what happens with Donald Trump and a predicted rise in interest rates. Review all the facts in this month’s Market Watch report- and visit RetireWellToronto.com– Andrea Stark, SRES, Sales Representative, Johnston & Daniel- A Division of Royal LePage RE Services Ltd., Brokerage- 416-489-2121