Semi-Detached 2013 Toronto East Monthly Statistics

 

It is the start of another year for monthly Toronto real estate statistics.  From the feedback, directly and through my Google Analytics, it seems that these statistics are a hit with readers as well.   What started it all?  Reading the monthly Toronto Real Estate Board (TREB) sales statistics for resale homes reported on the macro level but did not address the housing market relating to specific geographic areas and housing types.  Since I was providing a monthly neighbourhood analysis to my clients it seemed the next logical extension was to offer the same for Toronto readers.    The monthly TREB housing statistics are helpful in understanding overall activity,  however  since it included statistics from Mississauga, Durham, Vaughan, Brampton, etc. it did not address specific geographical areas or housing types.   Here you will find a further breakdown of those numbers which will focus on the following key metrics:

  • City of Toronto
  • Toronto East
  • Semi-Detached Homes

By drilling down on specific sections of Toronto  I believe it will allow both buyers and sellers a more accurate assessment of the direction of their housing market.  If you are looking at Toronto Central, it includes some of the following neighbourhoods:

  • The Beaches
  • Danforth East End (Upper Beaches)
  • East York
  • South Riverdale
  • Birchcliff – Cliffside
  • Leslieville
  • Guildwood

 

You can see by the data semi-detached homes are the lowest in the city than any other geographic area.  Considering that Toronto east includes all of Scarborough and with neighbourhoods such as Malvern, Woburn and Morningside they contribute to lower average prices.  It should be noted that dozens of individual east Toronto neighbourhoods continue to have shown their long term value and offer excellent buying opportunities.  I have recently updated Toronto East semi detached homes statistics to include December 2013.

 

Semi-Detached Homes Toronto East

Geographic AreaMonthly SalesAverage PriceMedian PriceAverage Selling Price to Listing PriceAverage Days on Market
January 2013City of Toronto147$586,080$515,000100%22
 Toronto East56$532,066$477,500101%20
February 2013City of Toronto234$618,777$540,000101%17
 Toronto East97$538,845$500,000102%15
March 2013City of Toronto314$607,334$549,500102%12
 Toronto East129$552,554$520,000103%12
April 2013City of Toronto415$595,398$531,000103%14
  Toronto East193$539,538$510,000104%9
May 2013City of Toronto434$633,625$579,000103%13
 Toronto East164$558,290$546,200104%10
June 2013City of Toronto380$618,194$550,000103%14
 Toronto East155$562,952$542,000103%11
July 2013City of Toronto340$584,499$560,250101%17
 Toronto East123$536,940$515,000102%16
August 2013City of Toronto231$576,022$509,000101%17
 Toronto East93$507,819$481,888102%14
September 2013City of Toronto298$616,049564,000103%14
 Toronto East111$568,978$520,000104%13
October 2013City of Toronto331$642,112$585,000103%15
 Toronto East132$595,135$553,500104%13
November 2013City of Toronto267$640,208$585,000103%17
 Toronto East112$585,003$548,000104%14
December 2013City of Toronto136$644,423$551,000101%21
 Toronto East52$559,418$542,268102%18

Source: Toronto Real Estate Board

Check out the month to month 2012 statistics.

It is important to repeat that when looking at these statistics is that some of Toronto’s east end neighbourhoods hold their value more than others.   This is where I provide for my clients the same statistical metrics but on a specific neighbourhood.  This is a great tool as we can look at the numbers and get a updated analysis of pricing and the best time to purchase or sell.

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