Semi-Detached Homes 2012 Monthly Statistics

Every month the Toronto Real Estate Board (TREB) publishes sales statistics for resale homes.  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
  • Mountpleasant

 

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.

 

Semi-Detached Homes Toronto Central

GeographicArea Sales Average Price Median Price Average Selling Price to Listing Price Average Days on Market
January 2012 City of Toronto 157 $526,599 $465,000 101% 19
Toronto Central 57 $654,983 $550,000 101% 20
February  2012 City of Toronto 283 $585,325 $512,000 104% 12
Toronto Central 87 $754,523 $666,080 106% 12
March 2012 City of Toronto 388 $569,319 $523,750 105% 11
Toronto Central 114 $725,563 $659,550 106% 9
April 2012 City of Toronto 451 $581,034 $550,000 105% 11
Toronto Central 136 $726,468 $672,750 105% 11
May 2012 City of Toronto 490 $591,067 $527,000 103% 12
Toronto Central 134 $766,440 $686,650 103% 11
June 2012 City of Toronto 403 $562,057 $510,000 102% 13
Toronto Central 124 $704,587 $653,250 100% 14
July 2012 City of Toronto 272 $526,979 $487,650 100% 17
Toronto Central 72 $620,334 $583,000 99% 21
August 2012 City of Toronto 219 $540,204 $473,000 100% 21
Toronto Central 56 $723,436 $609,000 99% 26
September 2012 City of Toronto 273 $604,963 $530,000 101% 18
Toronto Central 78 $829,949 $751,250 101% 17
October 2012 City of Toronto 347 $575,618 $525,000 101% 18
Toronto Central 106 $756,615 $716,500 101% 19
November 2012 City of Toronto 280 $583,117 $540,000 100% 20
Toronto Central 90 $772,245 $660,000 100% 20
December 2012 City of Toronto 129 $556,260 $510,500 99% 25
Toronto Central 34 $717,097 $587,750 98% 30

Source: Toronto Real Estate Board

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 an updated analysis of pricing and the best time to purchase or sell. If you are considering a specific neighbourhood, contact me and we can discuss building one for you.

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