Jan 5 | Posted by Barry

Each month, the Toronto Real Estate Board (TREB) releases a MarketWatch Report. The following statistics were obtained from the December 2011 Report and make comparisons to the same period one year ago.

As of December 31st, in York Mills (C12), there were 105 active market listings, an increase of 28% from the previous year’s statistics.

Unit sales for December (year over year) decreased by 15% to 20 units.

The total volume sold for the month of December decreased by just over 13% while the median price increased by just over 5%.

In December, the average number of days on the market for each home was 43 days, compared to 27 days as reported a year ago, with homes selling for 98% of listing price.

What do these facts mean to you?

  • Property value in the York Mills (C12) area continues to increase.
  • It’s time to call Barry for firsthand real estate information and insight into soon-to-be launched homes.


Source: Toronto Real Estate Board – MarketWatch December 2011 and 2010