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Toronto Real Estate Sales C02

Midtown Houses - 2015 2nd Quarter Report

Including: Annex, Casa Loma, Wychwood and Yonge-St. Clair

Eight more houses were sold in the second quarter of 2015 as compared to the same period last year, but that was due to more sales of townhouses. Sales of detached homes were identical, and four fewer semi-detached houses were sold.

Average prices of detached homes went up by 16.7% and price of semi-detached and attached houses increased by 9.3% and 9.8%.

Freehold houses in C02 were selling, on average, at 105% of the listing price, and the average time required to sell a listing was 13 days. Two houses were sold on the day the listing was taken, both getting 107% of the list price. The highest percentage was 150% for a semi-detached 2-family house in Seaton Village, listed at $899,000, which sold in multiple bidding for $1,350,000. The lowest percentage - 88% - was paid for a 3-bedroom semi-detached house in Summerhill neighbourhood, which was listed for $1,995,000 and took 111 days to eventually sell for $1,750,000.

The busiest streets were Balmoral with 7 listings sold, Macpherson and Manning (5 each), Farnham and Gormley (4 each).

Ten listings in the Annex were sold with bully offers. In Casa Loma only one listing received a bully offer. Three listings in Wychwood received bully offers, and eight in Yonge-St. Clair neighbourhood. 

Detached Houses

You may find grand Victorian detached homes in Toronto Midtown neighbourhoods. Many of them have been luxuriously renovated and restored Midtown Toronto   2015     2014   Difference
House Sales   52     52   0.0%
Homes Average Price   $1,915,955     $1,647,902   + 16.7%
New Listings   93     94   - 1.1%
Active Listings   80     106   - 24.5%
% of Sales Price to Listing Price   100.1%     102.0%   - 1.9%
Days on Market   17     12   + 41.7%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Annex 10 $1,733,685 14 23 100.4%
Casa Loma 10 $2,897,550 22 29 96.6%
Wychwood 16 $1,182,144 29 11 105.6%
Yonge-St. Clair 16 $2,150,188 28 11 100.1%

Semi-detached Houses

Semi-detached homes in Toronto Midtown vary in style and size, from small 2 bedroom to grand 5 or even 6 bedroom mansions Midtown Toronto   2015     2014   Difference
House Sales   69     73   - 5.5%
Homes Average Price   $1,323,172     $1,210,248   + 9.3%
New Listings   99     102   - 2.9%
Active Listings   72     63   + 14.3%
% of Sales Price to Listing Price   103.4%     104.9%   - 1.5%
Days on Market   13     10   + 30%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Annex 33 $1,490,636 45 12 105.0%
Casa Loma 6 $1,343,167 11 10 99.1%
Wychwood 19 $793,521 31 14 104.4%
Yonge-St. Clair 11 $1,724,727 12 14 100.7%

Attached Houses (Freehold Townhouses)

Victorian row houses on Belmont Street vary in street appeal, but most are charming Midtown Toronto   2015     2014   Difference
House Sales   22     10   + 120.0%
Homes Average Price   $1,259,170     $1,146,200   + 9.8%
New Listings   32     13   + 146.2%
Active Listings   29     19   + 52.6%
% of Sales Price to Listing Price   104.0%     99.0%   + 5.0%
Days on Market   14     19   - 26.3%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
Annex 7 $1,065,150 16 8 108.2%
Casa Loma 5 $1,306,150 5 41 100.0%
Wychwood 1 527,500 1 10 106.0%
Yonge-St. Clair 9 $1,465,278 10 5 100.8%
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Marisha Robinsky, REALTOR
1119 O'Connor Drive
Toronto ON M4B 2T5

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