Toronto East Real Estate Snapshot for October 2008: District E10
November 6th, 2008 Categories: News Wire, Real Estate Snapshot
Within Toronto Real Estate District E10 (including Guildwood, Highland Creek, Port Union and West Hill neighbourhoods), the dominant resale house types are detached and condominium townhouse.
What does the Toronto real estate market performance look like this month for District E10?
Toronto East E10 Sold Statistics
The Toronto MLS indicates there have been 439 sales to date, a 22.71% decrease over the same period last year. This October (year-to-date) detached homes averaged $392,000, a 4.67% increase over the same period last year. Condominium townhouses averaged $209,572, a 9.82% increase over the average price recorded in October 2007.
To note: Sales of freehold townhouses (including attached & row house types) kept pace with condominium townhouses, selling 36 and 37 units to date respectively. This trend was first noted in the January 2008 Real Estate Snapshot.
A quick scan of this month’s activity, including all house types, compared to last:
And to compare this month’s activity against October 2007 statistics:
A more detailed statistical breakdown for all Toronto districts can be found on the Toronto Real Estate Board (TREB) website.
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