* Single Family Dwellings Only ** Properties All Types including Single Family Dwellings
TREB Members reported 5,965 sales of single-family dwellings in February, TREB President Ann Bosley reported today. "While not a record for the month (the figure is down 13 per cent from February 2002's best ever figure of 6,866 sales), this is still a very healthy result given the extreme cold and snowfall that the GTA has experienced over the past several weeks."
Prices continued their upward march in February, with the average moving to $289,954, up almost three per cent over December's figure of $281,292, and up seven per cent over February 2002. The median also increased, to $248,300, up two per cent from last month.
Breaking down the total, 2,316 sales were reported in TREB's 28 West districts and averaged $267,972; 970 sales were reported in the 14 Central districts and averaged $401,663; 1,143 sales were reported in the 23 North districts and averaged $309,742; and 1,536 sales were reported in TREB's 21 East districts and averaged $237,829.
Neighbourhood Corner
UnionvilleIn the Unionville area (the Western portion of N-11), sales in 2003 have been tilted heavily towards single-detached homes. The average price for these is $406,778, and the median $370,000, with the most expensive sale of the year at around $540,000. Average Time-on-Market is 17 days, much less than the city-wide average of 32 days, and average yearly taxes are $3,809.
|
|
|
|
|
|
2,898 |
|
|
|
744 |
$245,000 |
|
|
|
|
|
|
559 |
$192,000 |
|
|
1,195 |
$183,650 |
|
|
|
|
|
|
|
|
|
|
352 |
$228,000 |
|
|
|
|
|
|
33 |
|
|
|
9 |
|
Toronto Area Housing Market Indicators
|
February 2002 |
February 2003 |
|
|
|
|
6,866 |
5,965 |
(-13%) |
|
|
$270,883 |
$289,954 |
+7% |
|
|
9,552 |
10,631 |
+11% |
|
|
15,524 |
15,873 |
+2% |
* Single Family Dwellings Only ** Properties All Types including Single Family Dwellings
