September 2007 Market Watch

September put in another excellent performance, with 6,866 single family units changing hands through the TorontoMLS system, Toronto Real Estate Board (TREB) President Maureen O’Neill announced today.

“This figure was up four per cent from last year (6,622 sales), and off only six per cent from the record 7,326 sales recorded during September of 2005.” Year-to-date sales, at 73,827, were up 12 per cent over 2006.

“They are also,” the President went on to note, “up 11 per cent over the first nine months of 2005, which turned out to be the best year ever recorded in the history of TREB.”

Prices rebounded in September, rising five per cent over August to $380,132. On a year-over-year basis they were up also up five per cent, to $371,848 from the $352,318 recorded during the first nine months of 2006.

Breaking down the total, 2,613 sales were reported in TREB’s 28 West districts and averaged $351,328; 1,298 sales were reported in the 14 Central districts and averaged $501,419; 1,380 sales were reported in the 23 North districts and averaged $404,663; and 1,575 sales were reported in TREB’s 21 East districts and averaged $306,467. "


Neighbourhood Watch - September 2007

E02 -The Beach (coxwell, danforth, victoria park)
Detached: $683,226
Semi-detached: $460,294
Condo: $315,625

E03 - Danforth North (DVP, victoria park, danforth)
Detached: $438,519
Semi-Detached: $418,137
Condo: $196,148

E01 - Danforth South & Riverdale (DVP, danforth, coxwell)
Detached: $489,306
Semi-Detached: $425,464
Condo:$351,000

C04 - Bedford West & Lytton Park (allen, 401, yonge, eglinton)
Detached: $936,249
Semi-Detached: $570,343
Condo: $291,875

C09 - Rosedale (yonge, st.clair, bayview, bloor)
Detached: $2,190,237
Semi-Detached: $734,000
Condo: $700,667

C03 - Forest Hill (allen, eglinton, yonge, st.clair)
Detached: $773,127
Semi-Detached: $561,792
Condo: $567,039

C12- Lawrence Park/Bedford East (yonge, 401, leslie, eglinton)
Detached: $1,818,169
Semi-Detached: n/a
Condo: $513,000

Source: Toronto Real Estate Board September 2007 MarketWatch - for the full report, click here.

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