Monthly Update

"Your downtown Toronto condo & loft resource"

Call Today for a no obligation consultation

Call me today Silvano Gemmiti Broker

416-532-4914 (office) or directly on my cell 416-726-2915

Welcome to this month's update

This is a summary of the activity in the downtown core for condos and lofts. This monthly summary is more extensive then you will find almost anywhere because it zeroes in on only the condo/loft resale market. The area ranges from St.Clair to Queens Quay and Dufferin to Parliament. The update is usually available after the 10 th of each month in order to capture any conditional offers that were made towards month end.

Month : DECEMBER 2006

Click here for Charts Of These Stats

	November 2006	December 2006
Number of Sales	278	219
Average Sale Price	$320,415	$317,330
Median Price	$261,950	$265,000
Time on the market in days	31.9	35.5
Percent Of Asking Price	97.9%	97.7%
Lowest Price	$160,000	$148,500
Highest price	$2,695,000	$2,950,000
Price Per Square Foot	$353.25	$362.05
Average Size Of Unit in Sq Feet	1,020	1,019
Percent of Units Selling For More Than Asking Price	21.58 %	18.26 %
Ownership Breakdown
Percent of units Vacant	26.98%	31.05%
Percent of units Tenanted	15.83%	14.61%
Percent of units Owner Occupied	57.19%	54.34%

Vs. Last Year

	December 2005	December 2006
Number of Sales	-	0.92%
Average Sale Price	-	0.42%
Median Price	-	-0.38%
Price Per Square Foot	-	7.19%
Time on the market in days	39.7	35.5
Percent Of Asking Price	96.6%	97.7%
Lowest Price	$146,000	$148,500
Highest price	$2,700,000	$2,950,000
Average Size Of Unit	1,133	1,019

Sitemap

All information found on this web site is obtained from sources we believe are reliable but not guaranteed. Contact listing broker for details and to determine accuracy of this posted information. downtowncondominiums.com is not responsible for verification of the above information. Not intended to solicit property already listed for sale or individuals under contract.