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Veronica Key

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Central Toronto Houses 2015 1st Quarter Report C12

Including: Bridle Path , Sunnybrooke & St. Andrews, Winfield, Bayview - York Mills

Central Toronto   2015     2014   Difference
House Sales   88     85   + 4%
Homes Average Price   $1,951,087     $1,692,353   + 15%
New Listings   209     218   - 5%
Active Listings   131     131   + 0%
% of Final Sales Price to Listing Price   97%     96%   - 1%
Days on Market   30     35   - 14%


  Sales Average Price Detached New Listings Days on Market % Sold Price vs. Listing Price
Bridle Path & Sunnybrook 42 $2,180,418 108 33 97%
St. Andrew's & Winfield 46 $1,741,698 108 27 97%


2nd Quarter 2014 Toronto Real EstateI love to gage the luxury real estate of Toronto by C 12. It offers showing the strength of the market on a whole. Most of this area are homes over a million dollars and before a market slides you tend to see weakness in the luxury neighbourhoods. This is not the case in this area. Sales were in fact up 4% over the same period last year and we saw the prices continue to climb to over 2 million 15% increase over the same period of last year.

The area that we did see a decline was in new listings which was 5% down from the year prior though inventory was flatlined at the end of the quarter to 131 properties for sale. The listings were on the market 14% days less than last year.

Bridle Path and Sunnybrook continued it's strong sales of 41 at over 2.1 million and we saw 42 new listings selling in 33 days. This market continues to hold its own with no sign of weakness. No one will know what is to come in the future but for you sellers thinking of going into the market now is the time.

The same holds true for St. Andrew's and Winfield where prices were up, Listings were up and days on the market were way down.

I willl be watching very closely what will happen in this market over the next few months. At this time we see no changes for the worse.

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