Issue:  October 2004

October 6,666 Sales Up from September

October sales rose one per cent over September to 6,666, making this month the 2nd best October ever, TREB President Ron Abraham announced today. "In addition to having a strong month sales-wise, prices continued their advance in October, with the average rising one per cent to $324,215 over September's $320,911, and six per cent over the $304,844 recorded in October of 2003."

In other highlights, Mr. Abraham noted that average Days on Market came in at 36 days, a brisk pace by historical standards, and that the average list-to-sale price ratio remained at 98 per cent, indicative of a seller's market.

Breaking down the total, 2,564 sales were reported in TREB's 28 West districts and averaged $298,351; 1,136 sales were reported in the 14 Central districts and averaged $441,051; 1,291 sales were reported in the 23 North districts and averaged $350,790; and 1,675 sales were reported in TREB's 21 East districts and averaged $264,084.

Neighbourhood Corner
 

Agincourt

Sales in Agincourt have mostly been of detached homes and condominium apartments this year, with smaller numbers of semi-detached and condo-townhouses also transacting. There have been 78 sales of detached for an average of $349,042. These sales are up marginally from the 76 that passed through TREB's MLS system in 2003, though the average price is down six per cent from the $380,783 recorded during that time frame. Condo apartments averaged $161,450 in 2004, this price up three per cent over the 2003 figure of $156,340.

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

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