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Toronto Real Estate Statistics August 2009 versus 2010
Listings to Sales Ratio improving for Toronto Real Estate Buyers
It appears that the real
estate market is cooling off in Toronto in number of sales for the month of August versus a year ago.
Data below shows selection of properties is up over a year ago and price is as well.
As the number of available
properties goes up we can expect prices to flatten or even go down over the next year if this trend
continues.
Sales Volume:
Properties volume sold
(central Toronto) is down from 1,384 to 1,126 compared to August of 2009; a decrease in volume of
-18.64%.
Number of Listings:
Properties Listed (central
Toronto) is up from 2,201 to 3,291 compared to August of 2009; an increase in properties listed of
+49.52%
Listings to Sales Ratio:
Selection of properties is
getting better for Toronto Real Estate Buyers
Listings to Sales Ratio grew
from 1.59% to 2.92% an increase of
+83.6%
Median Prices:
Median Prices for Central
Toronto increased from $468,133 to $492,705, an increase of
+5.2%
Sales Volume and Active Listings for month of August 2009 and 2010 Central
Toronto:
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Central
Toronto
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Aug 2009
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Aug 2010
|
|
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Sold
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1,384
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1,126
|
|
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Active
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2,201
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3,291
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Median Price
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$468,133
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$492,705
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