Toronto Real Estate Sales C02
Midtown Houses - 2015 1st Quarter Report
Including: Annex, Casa Loma, Wychwood and Yonge-St. Clair
Midtown Toronto neighbourhoods had 33.8% more sales in the first quarter of 2015 (as compared with the same period last year). Average price of freehold properties increased slightly, by 1.7%, from $1,402,699 to $1,426,717. The small increase was caused by a decrease in average price of semi-detached houses. Average sale to list price ratio was 103% (in 2014 it was 105%). Houses took, on average, one week longer to sell.
The busiest street with most listings sold was Farnham (four sales in 3 months), followed by Albany, Austin Terrace, Macpherson and Walmer (each with three sales).
Interestingly, average price for semi-detached homes dropped by 19%, but over 50% more semi-detached houses were sold. 30% fewer attached houses were sold, but their average price increased by 18%. Sales of detached houses went up by 33.3%, their average price increasing by almost 14%.
As you can see in the tables above, some of the neighbourhoods had average sale to list price ratios below 100%.
Detached Houses
|
Midtown Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
36
|
|
|
27
|
|
+ 33.3%
|
|
Homes Average Price
|
|
$1,737,002
|
|
|
$1,526,293
|
|
+ 13.8%
|
|
New Listings
|
|
58
|
|
|
53
|
|
+ 9.4%
|
|
Active Listings
|
|
71
|
|
|
67
|
|
+ 6.0%
|
|
% of Sales Price to Listing Price
|
|
100.3%
|
|
|
101.8%
|
|
- 1.5%
|
|
Days on Market
|
|
25
|
|
|
20
|
|
+ 25%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
Annex
|
5
|
$1,715,500
|
12
|
40
|
97.2%
|
|
Casa Loma
|
12
|
$1,918,547
|
17
|
36
|
98.8%
|
|
Wychwood
|
12
|
$1,391,417
|
17
|
11
|
102.4%
|
|
Yonge-St. Clair
|
7
|
$2,033,571
|
12
|
18
|
102.4%
|
Semi-detached Houses
|
Midtown Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
34
|
|
|
22
|
|
+ 54.5%
|
|
Homes Average Price
|
|
$1,103,330
|
|
|
$1,364,588
|
|
- 19.1%
|
|
New Listings
|
|
52
|
|
|
43
|
|
+ 20.9%
|
|
Active Listings
|
|
35
|
|
|
35
|
|
0.0%
|
|
% of Sales Price to Listing Price
|
|
104.3%
|
|
|
106.5%
|
|
- 2.2%
|
|
Days on Market
|
|
9
|
|
|
10
|
|
- 10%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
Annex
|
13
|
$1,481,846
|
20
|
10
|
<
105.4%
|
|
Casa Loma
|
3
|
$1,541,000
|
5
|
17
|
101.0%
|
|
Wychwood
|
13
|
$751,615
|
19
|
8
|
105.1%
|
|
Yonge-St. Clair
|
5
|
$1,474,978
|
8
|
11
|
100.8%
|
Attached Houses (Freehold Townhouses)
|
Midtown Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
7
|
|
|
10
|
|
- 30.0%
|
|
Homes Average Price
|
|
$1,203,652
|
|
|
$1,020,043
|
|
+ 18.0%
|
|
New Listings
|
|
18
|
|
|
13
|
|
+ 38.5%
|
|
Active Listings
|
|
20
|
|
|
8
|
|
+ 150.0%
|
|
% of Sales Price to Listing Price
|
|
100.1%
|
|
|
103.0%
|
|
- 2.9%
|
|
Days on Market
|
|
46
|
|
|
13
|
|
+ 253.8%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
Annex
|
7
|
$1,147,589
|
11
|
17
|
103.4%
|
|
Casa Loma
|
5
|
$1,763,600
|
4
|
104
|
97.2%
|
|
Wychwood
|
1
|
$665,000
|
1
|
6
|
111.0%
|
|
Yonge-St. Clair
|
1
|
$2,447,500
|
2
|
0
|
98.0%
|
Please contact me either by
email
or by calling my office at 416-322-8000 if you would like more detailed information for your street.
