Semi-Detached 2013 Toronto Central Monthly Statistics

semidetached

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 was reading the monthly Toronto Real Estate Board (TREB) sales statistics for resale homes it 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 Central
  • 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:

  • Leaside
  • Annex
  • Banbury – Don Mills
  • Flemingdon Park
  • Parkwoods – Donalda
  • Cabbagetown
  • Mount Pleasant

 

You can see by the data semi-detached homes have the highest average price than any other geographic area.  Considering that Toronto central included such high end Toronto neighbourhoods such as Forest Hill, Rosedale, Bridle Path and Lawrence Park they sold prices are going to impact on average prices.  I have updated the monthly statistics to include the most recent for December 2013.

 

Semi-Detached Homes Toronto Central

Geographic AreaMonthly SalesAverage PriceMedian PriceAverage Selling Price to Listing PriceAverage Days on Market
January 2013City of Toronto147$586,080$515,000100%22
 Toronto Central50$717,085$625,00098%24
February 2013City of Toronto234$618,777$540,000101%17
 Toronto Central 72$844,304$730,830100%16
March 2013City of Toronto314$607,334$549,500102%12
 Toronto Central92$771,232$654,000101%14
April 2013City of Toronto415$595,398$531,000103%14
 Toronto Central 102$817,649$726,000102%16
May 2013City of Toronto434$633,625$579,000103%13
 Toronto Central139$807,076$722,000103%14
June 2013City of Toronto380$618,194$550,000103%14
 Toronto Central106$790,824$703,750103%14
July 2013City of Toronto340$584,499$560,250101%17
 Toronto Central102$715,756$646,400101%15
August 2013City of Toronto231$576,022$509,000101%17
 Toronto Central58$788,542$682,500101%18
September 2013City of Toronto298$616,049$564,000103%14
 Toronto Central90$782,911$752,000104%11
October 2013City of Toronto331$642,112$585,000103%15
 Toronto Central100$803,490$718,500104%12
November 2013City of Toronto267$640,208$585,000103%17
 Toronto Central88$790,729$672,500102%19
December 2013City of Toronto136$644,423$551,000101%21
 Toronto Central34$919,017$777,944100%26

Source: Toronto Real Estate Board

Check out the month to month statistics for 2012.

It is important to consider when looking at these statistics is that some of Toronto’s central 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.  If you would like me to build a specific neighbourhood statistical table contact me and we can discuss it.

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