Issue:  November 2001

It's Already a Record
 

With a month left on the calender, the Toronto real estate market has already broken previous existing sales records, TREB President David Pearce announced today.

"With 5,759 sales in November, the year-to-date sales total for 2001 comes to 62,850 single-family dwellings, already well ahead of the 58,957 sales recorded in 1999, our previous best year."

The President also noted good news on the pricing front. "The year-to-date average price in Toronto is $251,199. This is up 3% from the $243,255 recorded in 2000 and the first time in over ten years that the price has reached above $250,000."

Breaking down the total, 2,119 sales were reported in TREB's 28 West districts and averaged $234,004; 911 sales were reported in the 14 Central districts and averaged $354,355; 1,185 sales were reported in the 23 North districts and averaged $284,107; and 1,544 sales were reported in TREB's 21 East districts and averaged $213,850.

Neighbourhood Corner
Deer Park

So far this year there have been 35 sales of detached homes in the Deer

Park area (between Yonge St. and Oriole Parkway, St. Clair Ave. and Chaplin Court) for an average of $694,778. This is up 8% from the $641,610 recorded during the same time last year. Average days on market was 32, and the most expensive property sold in the area this year was $1.4 million.
 
 

*  Single Family Dwellings Only             **  Properties All Types including Single Family Dwellings
 
 
 
 

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