[๐—ฉ๐—ถ๐—ฑ๐—ฒ๐—ผ ๐—•๐—ฒ๐—น๐—ผ๐˜„] Week 23! Looks like people are in fact taking time off and enjoying the dog days of summer (That’s what you call these days right?) Sales are way down across the board in our urban communities. Prices, however, are holding strong in most casesโ€ฆcondos are an interesting beast.

๐˜ ๐˜ฐ๐˜ถ’๐˜ญ๐˜ญ ๐˜ฏ๐˜ฐ๐˜ต๐˜ช๐˜ค๐˜ฆ ๐˜ข ๐˜ฉ๐˜ถ๐˜จ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฐ๐˜ท๐˜ฆ๐˜ณ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฅ๐˜ณ๐˜ฐ๐˜ฑ ๐˜ช๐˜ฏ ๐˜ข๐˜ท๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ ๐˜ถ๐˜ณ๐˜ฃ๐˜ข๐˜ฏ ๐˜ฉ๐˜ฐ๐˜ถ๐˜ด๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ค๐˜ฐ๐˜ฏ๐˜ฅ๐˜ฐ๐˜ด. ๐˜‹๐˜ฐ๐˜ฏ’๐˜ต ๐˜ฃ๐˜ฆ ๐˜ข๐˜ญ๐˜ข๐˜ณ๐˜ฎ๐˜ฆ๐˜ฅ! ๐˜›๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ’๐˜ด ๐˜ฃ๐˜ฆ๐˜ฆ๐˜ฏ ๐˜ข ๐˜ฎ๐˜ข๐˜ด๐˜ด๐˜ช๐˜ท๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ด๐˜ฆ ๐˜ช๐˜ฏ ๐˜ด๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜ท๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ณ๐˜ฆ๐˜ฏ’๐˜ต ๐˜ข๐˜ด ๐˜ฎ๐˜ข๐˜ฏ๐˜บ ๐˜ฃ๐˜ช๐˜จ-๐˜ต๐˜ช๐˜ค๐˜ฌ๐˜ฆ๐˜ต ๐˜ด๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜ข๐˜ด ๐˜ธ๐˜ฆ’๐˜ท๐˜ฆ ๐˜ฉ๐˜ข๐˜ฅ ๐˜ช๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ท๐˜ช๐˜ฐ๐˜ถ๐˜ด ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ๐˜ด. ๐˜ž๐˜ฆ ๐˜ด๐˜ฉ๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ด๐˜ฆ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ญ๐˜ฆ๐˜ท๐˜ฆ๐˜ญ ๐˜ฐ๐˜ถ๐˜ต ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฎ๐˜ช๐˜ฏ๐˜จ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ๐˜ด.

Numbers Aug 2nd to 8th Starting March 1st

Numbers Aug 2nd to 8th Starting March 1st

๐Ÿ  ๐—›๐—ผ๐˜‚๐˜€๐—ฒ๐˜€ 

๐Ÿ“ˆHouse Average Price: $1,400,726
๐Ÿ“ˆHouse Median Price: $1,300,000
๐Ÿ“ˆ445 Active Listings
๐Ÿ“ˆ57 Firm Sales This Week
๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.47
๐Ÿ“ˆAverage Days on Market 7 DoM

๐Ÿข๐—–๐—ผ๐—ป๐—ฑ๐—ผ๐˜€

๐Ÿ“ˆCondo Average Price: $817,763
๐Ÿ“ˆCondo Median Price: $692,500
๐Ÿ“ˆ2396 Active Listings
๐Ÿ“ˆ90 Firm Sales This Week
๐Ÿ“ˆMoI ~ 4.42
๐Ÿ“ˆAverage Days on Market (DOM) – 35

Urban North: Rosesale, Deer Park, Moore Park, Forest Hill, & Lawrence Park

Months of inventory have been increasing here week over week so but houses remain in-demand. Seems like the end of summer has taken people’s attention off of real estate so we should see a couple weeks of low volume.

There’s a really good chance that you’ll be in competition when buying homes under $3M. There seems to be more opportunity $3-7m but the majority of the sales $1.3 to $3M were in competition.

๐Ÿ“ˆHouse Average Price: $2,803,462
๐Ÿ“ˆHouse Median Price: $2,260,000
๐Ÿ“ˆ168 Active Listings
๐Ÿ“ˆ13 Firm Sales This Week
๐Ÿ“ˆMonths of Inventory (MoI) ~ 4.09

๐Ÿ“‰Condo Average Price: $1,994,643
๐Ÿ“‰Condo Median Price: $2,245,000
๐Ÿ“‰266 Active Listings
๐Ÿ“‰7 Firm Sales This Week
๐Ÿ“‰MoI ~ 5.1

Leaside & Davisville

Leaside & Davisville doesn’t have a ton of sales volume however each of the five available houses and six condos sold in competition. So the decrease in sales volume doesn’t speak to the lack of demand.

๐Ÿ“ˆHouse Average Price: $2,028,428
๐Ÿ“ˆHouse Median Price: $1,837,000
๐Ÿ“ˆ43 Active Listings
๐Ÿ“ˆ5 Firm Sales This Week
๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.17

๐Ÿ“‰Condo Average Price: $783,136
๐Ÿ“‰Condo Median Price: $792,000
๐Ÿ“‰146 Active Listings
๐Ÿ“‰6 Firm Sales This Week
๐Ÿ“‰MoI ~ 2.94

Birch Cliff

Houses here continue to out perform all other communities with consistent sales over asking. The days of sub million dollar deals are done here.

Remember, I stopped tracking condos here a couple of weeks ago as there aren’t enough sales consistently. People tend to not be selling as often but rest assured this area will start to achieve $1000/PSF in no time.

๐Ÿ“ˆHouse Average Price: $1,272,000
๐Ÿ“ˆHouse Median Price: $1,272,000
๐Ÿ“ˆ24 Active Listings
๐Ÿ“ˆ4 Firm Sales This Week
๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.23

Week 23: Looks like people are treating August as they would.

[๐—ฉ๐—ถ๐—ฑ๐—ฒ๐—ผ ๐—•๐—ฒ๐—น๐—ผ๐˜„] Week 23! Looks like people are in fact taking time off and enjoying the dog days of summer (That's what you call these days right?) Sales are way down across the board in our urban communities. Prices, however, are holding strong in most cases…condos are an interesting beast. ๐˜ ๐˜ฐ๐˜ถ'๐˜ญ๐˜ญ ๐˜ฏ๐˜ฐ๐˜ต๐˜ช๐˜ค๐˜ฆ ๐˜ข ๐˜ฉ๐˜ถ๐˜จ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฐ๐˜ท๐˜ฆ๐˜ณ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฅ๐˜ณ๐˜ฐ๐˜ฑ ๐˜ช๐˜ฏ ๐˜ข๐˜ท๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ ๐˜ถ๐˜ณ๐˜ฃ๐˜ข๐˜ฏ ๐˜ฉ๐˜ฐ๐˜ถ๐˜ด๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ค๐˜ฐ๐˜ฏ๐˜ฅ๐˜ฐ๐˜ด. ๐˜‹๐˜ฐ๐˜ฏ'๐˜ต ๐˜ฃ๐˜ฆ ๐˜ข๐˜ญ๐˜ข๐˜ณ๐˜ฎ๐˜ฆ๐˜ฅ! ๐˜›๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ'๐˜ด ๐˜ฃ๐˜ฆ๐˜ฆ๐˜ฏ ๐˜ข ๐˜ฎ๐˜ข๐˜ด๐˜ด๐˜ช๐˜ท๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ด๐˜ฆ ๐˜ช๐˜ฏ ๐˜ด๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜ท๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ณ๐˜ฆ๐˜ฏ'๐˜ต ๐˜ข๐˜ด ๐˜ฎ๐˜ข๐˜ฏ๐˜บ ๐˜ฃ๐˜ช๐˜จ-๐˜ต๐˜ช๐˜ค๐˜ฌ๐˜ฆ๐˜ต ๐˜ด๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜ข๐˜ด ๐˜ธ๐˜ฆ'๐˜ท๐˜ฆ ๐˜ฉ๐˜ข๐˜ฅ ๐˜ช๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ท๐˜ช๐˜ฐ๐˜ถ๐˜ด ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ๐˜ด. ๐˜ž๐˜ฆ ๐˜ด๐˜ฉ๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ด๐˜ฆ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ญ๐˜ฆ๐˜ท๐˜ฆ๐˜ญ ๐˜ฐ๐˜ถ๐˜ต ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฎ๐˜ช๐˜ฏ๐˜จ ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ๐˜ด.Numbers Aug 2nd to 8th Starting March 1st๐Ÿ‘‰๐—จ๐—ฟ๐—ฏ๐—ฎ๐—ป๐Ÿ  ๐—›๐—ผ๐˜‚๐˜€๐—ฒ๐˜€ ๐Ÿ“ˆHouse Average Price: $1,400,726๏ฟฝ๐Ÿ“ˆHouse Median Price: $1,300,000๏ฟฝ๐Ÿ“ˆ445 Active Listings๏ฟฝ๐Ÿ“ˆ57 Firm Sales This Week๏ฟฝ๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.47๏ฟฝ๐Ÿ“ˆAverage Days on Market 7 DoM๐Ÿข๐—–๐—ผ๐—ป๐—ฑ๐—ผ๐˜€ ๐Ÿ“ˆCondo Average Price: $817,763๏ฟฝ๐Ÿ“ˆCondo Median Price: $692,500๏ฟฝ๐Ÿ“ˆ2396 Active Listings๏ฟฝ๐Ÿ“ˆ90 Firm Sales This Week๏ฟฝ๐Ÿ“ˆMoI ~ 4.42๏ฟฝ๐Ÿ“ˆAverage Days on Market (DOM) – 35๐Ÿ‘‰๐—จ๐—ฟ๐—ฏ๐—ฎ๐—ป ๐—ก๐—ผ๐—ฟ๐˜๐—ต: ๐—ฅ๐—ผ๐˜€๐—ฒ๐—ฑ๐—ฎ๐—น๐—ฒ, ๐——๐—ฒ๐—ฒ๐—ฟ ๐—ฃ๐—ฎ๐—ฟ๐—ธ, ๐— ๐—ผ๐—ผ๐—ฟ๐—ฒ ๐—ฃ๐—ฎ๐—ฟ๐—ธ, ๐—™๐—ผ๐—ฟ๐—ฒ๐˜€๐˜ ๐—›๐—ถ๐—น๐—น, & ๐—Ÿ๐—ฎ๐˜„๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฃ๐—ฎ๐—ฟ๐—ธMonths of inventory have been increasing here week over week so but houses remain in-demand. Seems like the end of summer has taken people's attention off of real estate so we should see a couple weeks of low volume. There's a really good chance that you'll be in competition when buying homes under $3M. There seems to be more opportunity $3-7m but the majority of the sales $1.3 to $3M were in competition. ๐Ÿ  ๐—›๐—ผ๐˜‚๐˜€๐—ฒ๐˜€ ๐Ÿ“ˆHouse Average Price: $2,803,462 ๏ฟฝ๐Ÿ“ˆHouse Median Price: $2,260,000 ๏ฟฝ๐Ÿ“ˆ168 Active Listings ๏ฟฝ๐Ÿ“ˆ13 Firm Sales This Week ๏ฟฝ๐Ÿ“ˆMonths of Inventory (MoI) ~ 4.09 ๏ฟฝ๏ฟฝ๐Ÿข๐—–๐—ผ๐—ป๐—ฑ๐—ผ๐˜€๐Ÿ“‰Condo Average Price: $1,994,643๏ฟฝ๐Ÿ“‰Condo Median Price: $2,245,000๏ฟฝ๐Ÿ“‰266 Active Listings๏ฟฝ๐Ÿ“‰7 Firm Sales This Week๏ฟฝ๐Ÿ“‰MoI ~ 5.1๐Ÿ‘‰๐—Ÿ๐—ฒ๐—ฎ๐˜€๐—ถ๐—ฑ๐—ฒ & ๐——๐—ฎ๐˜ƒ๐—ถ๐˜€๐˜ƒ๐—ถ๐—น๐—น๐—ฒLeaside & Davisville doesn't have a ton of sales volume however each of the five available houses and six condos sold in competition. So the decrease in sales volume doesn't speak to the lack of demand. ๐Ÿ  ๐—›๐—ผ๐˜‚๐˜€๐—ฒ๐˜€ ๐Ÿ“ˆHouse Average Price: $2,028,428๏ฟฝ๐Ÿ“ˆHouse Median Price: $1,837,000 ๏ฟฝ๐Ÿ“ˆ43 Active Listings ๏ฟฝ๐Ÿ“ˆ5 Firm Sales This Week ๏ฟฝ๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.17 ๏ฟฝ๏ฟฝ๐Ÿข๐—–๐—ผ๐—ป๐—ฑ๐—ผ๐˜€๐Ÿ“‰Condo Average Price: $783,136๏ฟฝ๐Ÿ“‰Condo Median Price: $792,000๏ฟฝ๐Ÿ“‰146 Active Listings๏ฟฝ๐Ÿ“‰6 Firm Sales This Week๏ฟฝ๐Ÿ“‰MoI ~ 2.94๐Ÿ‘‰๐—•๐—ถ๐—ฟ๐—ฐ๐—ต ๐—–๐—น๐—ถ๐—ณ๐—ณHouses here continue to outperform all other communities with consistent sales over asking. The days of sub million dollar deals are done here. ๐Ÿ  ๐—›๐—ผ๐˜‚๐˜€๐—ฒ๐˜€๐Ÿ“ˆHouse Average Price: $1,272,000 ๏ฟฝ๐Ÿ“ˆHouse Median Price: $1,272,000๏ฟฝ๐Ÿ“ˆ24 Active Listings ๏ฟฝ๐Ÿ“ˆ4 Firm Sales This Week ๏ฟฝ๐Ÿ“ˆMonths of Inventory (MoI) ~ 1.23 As always, please comment below, DM, or call/text 416-434-1511 if any questions. cc: The Spring Team Real Estate

Posted by Ara Mamourian on Monday, August 10, 2020

As always, please comment below, DM, or call/text 416-434-1511 if any questions.

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