Birchcliff – Cliffside January to March 1st Quarter 2013 Housing Statistics

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The Toronto Real Estate Board (TREB) has released their housing statistics for the 1st quarter of 2013.    We all remember the media reports outlining how listings were down which was reflected in the low number of sold properties.   The curious thing, it seems that house prices did not fall but remained stable, mostly due to a shortage of listings.

This is one the reports I like as it outlines house prices as they relate to Birchcliff – Cliffside housing styles.   The primary housing style in this neighbourhood are detached homes and its proximity to Toronto’s Beach community certainly keeps up.  You are also seeing builders seeing the value of the area in purchasing homes, then either putting in a second floor or tearing them down and building new construction.

Birchcliff & Cliffside 2013 1st QuarterlHousing
Housing StyleHousing Types Sold Average Selling PriceMedian PriceAverage Days On MarketSold To List Price
Total 71$609,965$530,0002099%
Detached 63$625,000$560,0002098%
Semi-Detached 6$428,000$450,00015103%
Attached Row/Townhouse0N/AN/AN/AN/A
Condo Townhouse0N/AN/AN/AN/A
Condo Apartment2N/AN/AN/AN/A
Other 00000
Source: Toronto Real Estate Board

This Toronto neighbourhood historically has always held its value, mostly due to its affordability and proximity to the Toronto Beach neighbourhood.   If you have not guess already, I am a numbers guy.    If you don’t see the neighbourhood you are interested in, contact me and I will try and pull together the data for you.

If you are looking to compare last quarter’s results, the following link with show Birchcliff and Cliffside 4th quarter 2012 housing results.