Last month I did a Video Blog on how the first half of June 09 was preforming much better than June 08. Now that June numbers are in, there’s even more good Real Estate news to share! The Toronto Real Estate board is reporting record results with 10,955 sales occurring, up 27% from June 08. The average price was $403,972 – up by two per cent compared to the same month last year.
The C01, C08 districts of the city (where the bulk of condo sales occur) saw averages prices sitting at $340,895 and $345,465 respectively. Well priced units are selling in a matter of days and most for over asking! Sellers, with units selling in record time, now is the perfect opportunity to put yours on the market. Buyers, now more then ever it’s important to be pre qualified and prepared for when yourunit becomes available. With most selling for close to the asking price or above, work with a realtor who’ll actively search the MLS and keep you up to-date with new listings!
If you’d like a copy of this months market report, send me an email and i’ll get one out to you! Interested in getting involved in the market give me a call…i’d love to help!
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Posted in Real Estate, Toronto | 
Tags: buyer, condo, Family home, first time buyer, luxury, Mark Savel, market report, re/max, re/max realtron, Realtor, savel blogs, Savel Sells, seller, Tom Lebour, Toronto Real Estate, toronto real estate sales
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[...] change more than the irrevocable time in an offer (har har realtor joke). As reported in my previous post, prices are up 2% and sales up 27%. Buyer confidence is back, and although multiple offers are as [...]