Toronto Real Estate Sales C04

North Toronto Houses - 2015 1st Quarter Report C04

Including: Bedford Park, Forest Hill North, Lawrence Park and Englemount

Detached Houses

Majority of houses in North Toronto neighbourhoods are detached. Older, grand homes on generous lots can be found in Lawrence Park, Lytton Park, Teddington Park and Allenby. Many older bungalows were replaced with newly constructed homes. North Toronto   2015     2014   Difference
House Sales   157     148   + 6.1%
Homes Average Price   $1,688,333     $1,486,912   + 13.5%
New Listings   301     338   - 10.9%
Active Listings   322     422   - 23.7%
% of Sales Price to Listing Price   101.7%     100.3%   + 1.4%
Days on Market   16     17   - 5.9%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Bedford Park 68 $1,808,449 155 17 100.9%
Englemount 8 $1,289,313 18 41 94.3%
Forest Hill North 13 $1,471,545 20 12 103.8%
Lawrence Park North 35 $1,416,437 62 14 103.4%
Lawrence Park South 33 $1,911,330 46 12 102.7%

Semi-detached Houses

Semi-detached homes can be found in Bedford Park neighbourhood of North Toronto. North Toronto   2015     2014   Difference
House Sales   8     8   0.0%
Homes Average Price   $976,250     $1,001,513   - 2.5%
New Listings   9     12   - 25.0%
Active Listings   2     7   - 71.4%
% of Sales Price to Listing Price   107.1%     105.0%   + 2.1%
Days on Market   9     14   - 35.7%

 

  Sales Average Price New Listings Days on Market <% Sold Price / List Price
Bedford Park 1 $1,410,000 1 14 101.0%
Lawrence Park North 7 $914,286 8 8 108.5%
Lawrence Park South 0 $0 0 <0 0.0%

Attached Houses (Freehold Townhouses)

North Toronto has a very limited number of attached homes. These are mainly recently built freehold townhouses. North Toronto   2015     2014   Difference
House Sales   4     19   - 1.0%
Homes Average Price   $757,500     >$568,477   + 22.3%
New Listings   26     24   + 8.3%
Active Listings   15     14   + 7.1%
% of Sales Price to Listing Price   98.0%     109.4%   - 1.7%
Days on Market   40     11   - 9%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Bedford Park 2 $772,500 2 38 97.0%
Englemount 1 $755,000 1 49 99.0%
Forest Hill North 1 $730,000 0 35 99.0%
Lawrence Park South 0 $0 1 0 0.0%

First quarter of 2015 was busy in North Toronto. Most sales were of detached houses, and of these the only neighbourhood where the average sale price was lower than average listing price was Englemount. Even there, however, the average price of a detached home was well above one million.

The busiest streets in North Toronto, where the largest number of houses have been sold in the first quarter of 2015, were: Melrose, with 9 listings sold, Delaraine and St. Germain with 8 sales each, and Lytton, Cranbrooke, Briar Hill and Woburn with 5 sales each.

At the end of the first quarter of this year the supply of listings in North Toronto was 23.5% lower than at the same time last year. Please visit again to see the report on real estate activity in the second quarter.

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Marisha Robinsky, REALTOR
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