159 detached homes were reported sold in the central districts of Toronto Between May 1st and May 13th. 51 of them were sold over asking, another 23 received full price. The average sale price was $1,329,013; average sale-to-list price ratio was 101%, and the average number of days required to sell a house was 18. Three homes were sold on the same day the listing contract was signed.
| District |
Count |
Avg. sold price |
Avg. % ask |
Min. % ask |
Max. % ask |
Avg. DOM |
| C01 |
5 |
$1,101,800 |
103.6 |
95 |
125 |
8 |
| C02 |
7 |
$1,542,000 |
100.7 |
99 |
105 |
13 |
| C03 |
12 |
$1,736,270 |
100 |
93 |
123 |
30 |
| C04 |
36 |
$1,458,189 |
101.3 |
90 |
116 |
15 |
| C06 |
7 |
$967,357 |
100.1 |
96 |
109 |
29 |
| C07 |
15 |
$1,110,867 |
100.9 |
91 |
118 |
22 |
| C08 |
2 |
$882,500 |
105 |
102 |
108 |
5 |
| C09 |
6 |
$2,532,667 |
101 |
95 |
106 |
18 |
| C10 |
6 |
$1,344,500 |
102.5 |
90 |
120 |
19 |
| C11 |
12 |
$1,225,333 |
102.3 |
94 |
116 |
10 |
| C12 |
9 |
$1,929,167 |
97.1 |
90 |
105 |
24 |
| C13 |
14 |
$826,130 |
101.3 |
91 |
116 |
11 |
| C14 |
14 |
$1,188,286 |
96.8 |
89 |
100 |
18 |
| C15 |
14 |
$924,948 |
99.4 |
94 |
109 |
14 |
C03 district contains some very expensive and very affordable neighbourhoods. The lowest sold price was $347,218 for a 2-bedroom bungalow at Dufferin and Rogers. The highest selling price was $5,565,000 for a 5-bedroom, 5-washroom 3 storey renovated mansion on a great lot in Forest Hill.
The neighbourhoods in C04 also vary considerably, although not as much as in C03. The lowest selling price here was $670,000, for a bungalow at Bathurst and Lawrence. Highest price of $3,150,000 was paid for a 5-year old custom built 4-bedroom, 5-washroom residence in Cricket Club.
C08 district doesn't have many detached homes, and only two were sold between the 1st and 13th of May.
C09 consists of Moore Park and Rosedale. Moore Park is less pricey, and the lowest sale of $956,000 was in this neighbourhood. The highest price of $4,125,000 was paid for a 5-bedroom, 6-washroom renovated Victorian mansion in Rosedale.
Only one listing of a detached house was sold under 1 milllion on C10 - it was a power of sale listing, and these properties are often less attractive and are sold without any warranties.
One very interesting sale happened in C13, where a side-split in a need of renovation sold in only 2 days, but below asking, and for a strange price of $824,821.40 (yes, you are reading correctly, the price ended with 40 cents...).
In C14 only one house was sold for a full price, all the rest sold below asking. |