The Storey Team : Toronto Real Estate

June - 2017

The numbers are in and from what we can see we are back to a normal healthy market.  However, this can take some getting used to after going through an extremely busy first quarter of the year.  Days on Market are still close to all time lows and the average sale price is up 6.3% across the GTA.  

May 2017

Breaking Down The Numbers - Average Sale Price: $863,910 (GTA) /  Average Condo Price (416) : $564,808 (27.7% increase) / Detached Homes (416) $1,503,868 (16.6% increase) /Semi-Detached Homes (416) $1,062,318 (27.2% increase) / Inventory Levels: 25,837 new listings in April (48.9% increase) 

April 2017

The numbers: Average Sale Price: $920,791 (GTA) / Average Condo Price (416) : $587,000 (32.3% increase) / Detached Homes (416) $1,578,542 (25.2% increase) / Semi-Detached Homes (416) $1,104,047 (22.4% increase) / Inventory Levels: 21,650 new listings in April (33.6% increase) / Active listings: 12,926 (3.0% increase) / Sales Activity: 11,650 residential sales (-3.2% decrease)

March 2017

The housing market has continued at rapid pace, causing a year over year increase of 33%. Condos prices have jumped up with the average sale price in March of $550,000. Months of inventory remains low at 0.67, which means Toronto would be sold out of real estate in 3 weeks if no more listing came out. 

Feb 2017

Average Sale Price: $843,000 | Condo Average Price: $515,000 (416 area code) Will Toronto hot market continue to last at this rate? Does the city still have room to grow?

Jan 2017

Average Sale Price: $770,745 | Average Condo Sale Price (416 Area Code) : $471,409 | Months of Inventory: 1 | Average DOM: 19

Dec 2016 (Yr In Review)

Average Price: $729,922 - UP 17.3% |Total Sales (2016) : 113,113 - UP 11.7% |Average Days On Market: 20 Days | Average Condo Price (416 Area Code) : $466,592 - UP 16.6%

Nov 2016

Avg Sale Price: $729,000 (Up 17.2%) |Number of Sales Year to Date: 108,000 (Up 11.9%) | Average Days on Market: 17 Days | Average Condo Sale Price: $471,000 (Up 13.5%)

Oct 2016

The October stats are out, and we're raising money for Movember! Although our moustaches are weak, our motives are pure! Please help these abominations go to a worthy cause. 

Sept - 2016

We had a bit of fun with this one! The stats are out, and the Blue Jays ⚾️are in the playoffs! Watch for this month's trivia question, and answer below!

August - 2016

August stats are in! Inventory remains down almost 40%, which has caused sales numbers to increase along with property values. Think you know the answer to this month's TIFF inspired trivia question? Make sure to comment your answer below.

July - 2016

Average Price: 718,422 (Up 15.3%) | Total Number of Properties Sold (Jan-July) 70,098 | Average Day of Market: 17 Days | Active Listings in July: 11,346 (Down 39% from July 2015)