Toronto Neighbourhood Stats for December
Here is my latest Market Watch. There were 92,394 sales through MLS in all of 2017. This total was down 18.3% compared to record-breaking 2016. The average selling price for 2017 as a whole was $822,681, up 12.7% compared to 2016. In December, there were 4,930 sales through MLS in the GTA – down by 7.1% compared to December 2016. Sales for December in the GTA were up on a year-over-year basis by 0.7% to $735,021 while new listings were up by 51.9%. On average, detached homes in the city of Toronto sold for $1,250,235 down 2.8% from last year, they took 26 days to sell and sold for 97% of list price. Here is what is happening in your area. I’ve broken down the sales activity by neighbourhood and provided detailed reports below to give you a sense of what’s happening in your local market.
Yonge & Eglinton
If there is a neighbourhood you’d like me to cover that I’m missing, please let me know, I’d be happy to add it!