Toronto Real Estate Market Update
Toronto Real Estate Market is in the spring mode, with a low count of Listings over all, its a sellers market. There are pockets where the market is a buyers market which means the listing count is high, and buyers have many choices. There are areas of Toronto where its a balanced market, which means there are enough listings to go around with enough buyers to buy them. The months supply has dropped the past 3 to four months. To go over the numbers here they are:
Toronto Real Estate Market Numbers
April 2018 7,744 April 2019 9,042 Change 16.8 %
Average Sale Price: ( year over year )
April 2018 $804,926 April 2019 $820,148
Increase of 1.9%
Months of supply:
2.0 months of supply. Sellers Market alert!
Overall its a sellers market, but there
are pockets of buyers market and
Expert Insights for you!
If you want to find out what your area is doing in the market at any given time, please contact me and id more than happy to go over that with you.
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