Hi, my name is Jarrett Hunter and I am a downtown Toronto realtor with Royal LePage. This is the market information for December 2006 for my area which is downtown Toronto – best defined as the area south of Bloor Street to the lake, west of the Don Valley Parkway and east of Dufferin Street. – I like to refer to it as “the Core.”
December sales ended the year on a high note! We had a total of 660 active listings with a total sales volume of 257 of which 211 of these were condominiums.
The downtown market has slowed a bit in December over the November numbers but is somewhat indicative of the time of year. The average days that a property was on the market before selling was 34. The average selling price? $315,123 – which makes us a bargain in most big city markets. Looks like we are entering another great year where the market seems to be more balanced for buyer and seller alike. A great time to think about making your next move.
If you require any more specific information, or, want to discuss your own particular real estate needs, feel free to contact me directly via e-mail (Jarrett@jarrett.ca) or call me on my direct line at (416) 410-2300.