The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.
Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.
So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.
Here's a look at the September 2008 statistics for Aurora:
Sales: 57
$Volume: $23,618,900
Average Home Price: $414,367
Average Days on Market: 42
Average List %: 97
Click the links below to see a brief September 2008 summary for:
Bradford
Innisfil
East Gwillimbury
Keswick/Georgina
King
Newmarket
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Thank you for sharing this information with us. Toronto Loft prices are starting to rival New York and London with several super luxury condo developments attracting a price tag of $748 per sq. ft. or more. Each Luxury Toronto Condo project is attracting International buyers, Rosedale and forest Hill residents downsizing and even wealthy entrepreneurs from as far away as London, Ireland, Hong Kong and Singapore.
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