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Downtown And Surrounding Areas

Freehold
Average Sale Price: $1,961,806.00 (+6%)
Median Sale Price: $1,703,000.00 (+14%)
# Of Listings Sold: 46 (-6%)
# Of New Listings: 154 (+17%)
Average Days On Market: 13 
Months Of Inventory: 3.6
 
Condos
Average Sale Price: $843,460.00 (-1%)
Median Sale Price: $710,000.00 (-8%)
# Of Listings Sold: 107 (+4%)
# Of New Listings: 465 (-31%)
Average Days On Market: 18 
Months Of Inventory: 6.5
 
 
Midtown

 
Freehold
Average Sale Price: $2,867,642.00 (+15%)
Median Sale Price: $1,974,500.00 (0%)
# Of Listings Sold: 32 (-16%)
# Of New Listings: 99 (0%)
Average Days On Market: 14 
Months Of Inventory: 4.6
 
Condos
Average Sale Price: $796,529.00 (+1%)
Median Sale Price: $700,000.00 (+6%)
# Of Listings Sold: 27 (-10%)
# Of New Listings: 92 (+10%)
Average Days On Market: 24
Months Of Inventory: 4.4
 
 
North York Center
 
 
Condos
Average Sale Price: $715,903.00 (+2%)
Median Sale Price: $660,000.00 (+5%)
# Of Listings Sold: 33 (-15%)
# Of New Listings: 129 (8%)
Average Days On Market: 18
Months Of Inventory: 4.4
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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 505 533 Richmond ST W in Toronto. See details here

This Trendy, Upgraded 2 Bedroom Loft Features Hardwood Floors, Floor To Ceiling Windows, Motorized Window Blinds, Open Concept Layout, 9' Exposed Concrete Ceilings, King-Sized Master, Large Custom Built Closets, Granite Counter Tops, Gas Range Stove And Gas Hookup On Spacious L-Shaped Terrace. Includes Parking And Locker.

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New property listed in South Riverdale, Toronto E01

I have listed a new property at 606 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

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New property listed in South Riverdale, Toronto E01

I have listed a new property at 608 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

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I have sold a property at 609 1060 Sheppard AVE W in Toronto

I have sold a property at 609 1060 Sheppard AVE W in Toronto. See details here

Incredible Location In The City! Beautiful 1 Bed Condo W/Walk In Closet + Den. Stunning Hardwood Floors And Granite Counter Tops. Large Balcony To Enjoy Unobstructed Views Of The City. Minutes Away From 401 And Sheppard West Subway. Close To Yorkdale Mall, Downsview Park And York University. Amazing Amenities Including A Full Gym, Indoor Pool, Sauna, Party Room, Guest Suites And Parking.

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I have sold a property at 607 150 Logan AVE in Toronto

I have sold a property at 607 150 Logan AVE in Toronto. See details here

Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

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New property listed in York University Heights, Toronto W05

I have listed a new property at 609 1060 Sheppard AVE W in Toronto. See details here

Incredible Location In The City! Beautiful 1 Bed Condo W/Walk In Closet + Den. Stunning Hardwood Floors And Granite Counter Tops. Large Balcony To Enjoy Unobstructed Views Of The City. Minutes Away From 401 And Sheppard West Subway. Close To Yorkdale Mall, Downsview Park And York University. Amazing Amenities Including A Full Gym, Indoor Pool, Sauna, Party Room, Guest Suites And Parking.

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Key Takeaways:
1. Prepare boots and jackets by the door.
2. Replace furnace filter.
3.Test your heating system.
4. Inspect your roof.
5. Seal cracks and gaps in windows and doors with caulk or weather stripping.
6. Keep gutters and downspouts clear of leaves and debris.
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August 2023 Key Takeaways:
  • As expected, August was a slow month across the board as interest rate uncertainty loomed. 
  • Average sale price is down month over month 6%.
  • New home sales were virtually unchanged both month over month and year over year. 
  • New listings are down month over month 15% showing homeowners are continuing to find ways to hold their homes through tough times.
  • With the recent Bank Of Canada announcement to hold rates, expect the Fall market to have a little more activity than anticipated as this gives some buyers a little more confidence to come off the sidlines.

All data below. What do you think? 

*I keep these reports short and straightforward. If you have questions about any specific aspect of the market or want me to expand on the data shared, please feel free to reach out.

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One Minute Market Report - July 2023
July 2023 Key Takeaways:
  • July saw another rate hike putting Bank Of Canada's Overnight Rate at 5%. This has sidelined some buyers.
  • Average sale price is down month over month about 8%.
  • Home sales are down month over month 33% month over month but up 3% from last year.
  • New listings are down month over month 12% showing homeowners are continuing to find ways to hold their homes through tough times.
  • August will likely continue to see cooling in all areas as it is typically the slowest month of the year for real estate. People tend to enjoy the weather and watch the market from the sidelines through August before ultimately deciding whether or not to take a plunge in the September Spring market.

All data below. What do you think? 

*I keep these reports short and straightforward. If you have questions about any specific aspect of the market or want me to expand on the data shared, please reply to this email to schedule a call.

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