Toronto Real Estate Sales C04

North Toronto Houses - 2015 2nd Quarter Report

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

Detached Houses

Detached house in North Toronto with bay windows and landscaped front yard North Toronto   2015     2014   Difference
House Sales   295     286   + 3.1%
Average Home Price   $1,751,682     $1,576,339   + 11.1%
New Listings   471     497   - 5.2%
Active Listings   383     519   - 26.2%
% of Sales Price to Listing Price   101.3%     100.6%   + 0.7%
Days on Market   16     17   - 5.9%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Bedford Park 112 $1,846,961 194 18 99.1%
Englemount 20 $1,228,837 53 20 99.0%
Forest Hill North 22 $1,565,623 28 15 103.9%
Lawrence Park North 82 $1,574,273 101 14 104.9%
Lawrence Park South 59 $2,063,997 95 13 101.1%

Semi-detached Houses

Semi-detached houses in North Toronto vary from two-storey three bedroom to large three-storey residences North Toronto   2015     2014   Difference
House Sales   18     26   -30.8%
Average Home Price   $1,034,029     $874,452   + 18.2%
New Listings   22     30   - 26.7%
Active Listings   10     10   0.0%
% of Sales Price to Listing Price   109.0%     107.0%   + 2.0%
Days on Market   10     12   - 16.7%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Lawrence Park North 17 $1,038,501 22 10 108.3%
Lawrence Park South 1 $958,000 1 4 110.0%

Attached Houses (Freehold Townhouses)

Attached homes are also called townhouses or row houses. They are mostly new or recent construction in this community North Toronto   2015     2014   Difference
House Sales   1     7   - 85.7%
Average House Price   $757,500     $805,571   - 6.0%
New Listings   5     9   - 4.4%
Active Listings   5     24   - 79.2%
% of Sales Price to Listing Price   99.0%     99.0%   0.0%
Days on Market   68     47   + 44.7%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Englemount 1 $757,500 5 68 99.0%
Lawrence Park South 0 $0 0 0 0.0%

Real estate MLS sales in North Toronto were busy in the second quarter, but in all property types combined we had 2.6% fewer sales in comparison to the same period of 2014, and 3% fewer new listings. Most of the sales were of detached houses, and these were increased in number, while fewer semi-detached and townhomes were sold. At the end of the quarter existing supply of listings was 17.8% lower than in 2014.

Out of the 314 sales reported 144 sold below the listing price, 32 for the full asking price, and 138 above. Two homes sold for more than 150% of the listing price. Both were detached houses, one a renovator's special on a good size lot, another a duplex on Teddington. 

The busiest streets were: Fairlawn with 13 sales, Joicey with 12 sales, Melrose and Woburn each had 11 sales, Douglas and Glengrove with 9 each, Brookdale and Lawrence - 7 each, Bedford Park, Briar Hill and Cranbrooke had 6 sales each, Deloraine and Roslin each had 5 sales, and Bannockburn, Castlefield and Wanless with 4 each.

You can compare these to the results for 1st quarter 2015 on my website.

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