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Toronto Real Estate Cooling?
Posted on Mon, 06 Sep 2010, 03:25:05 PM

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:

Central Toronto

Aug 2009

Aug 2010

Sold

1,384

1,126

Active

2,201

3,291

Median Price

$468,133

$492,705

Tips when Selling Real Estate in Toronto
Posted on Sat, 02 Jan 2010, 03:37:12 PM
Tips to maximize the Price you will get when selling your Real Estate (condos, homes, townhouses) without spending a lot of money. De-Clutter - De-personalize – Clean – Paint - De-Clutter your home or condo This means putting away items that you never use or takes up space for no real reason. If you have trinkets, nick knacks that just clutters shelves, tables ... just put them away in storage or get rid of them. - De-personalize Get rid of or put in storage items that you hold dear but no one else does. This includes paintings, Pink or Green Bath Mats and just even curtains and blinds. Even family photos should be put away. - Clean Clean your home or condo. This costs you nothing (as does De-Cluttering). Pay special attention to Kitchens and Baths. - Painting - Goes hand in hand with making it neutral - Repaint but keep the colors neutral and choose lighter colors.
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