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Not intended to solicit Buyers or Sellers currently under contract with another Realtor.
Office: 416-494-7653
Connect with me on-linewww.GillianSantink.com
Hallmark Realty Ltd., BrokerageEach Office Independently Owned and Operated
685 Sheppard Ave. E #401, Toronto, ON, M2K 1B6
Hallmark Realty Ltd., BrokerageEach Office Independently Owned and Operated685 Sheppard Ave. E #401, Toronto, ON, M2K 1B6
416-494-7653 | [email protected] | www.GillianSantink.com
Don Mills Real Estate ReportGillian Santink’s GTA REALTORS® Release October StatsTORONTO, ONTARIO, November 5, 2018 – Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018.
Greater Toronto Area REALTORS® reported 7,492 sales through TREB’s MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary seasonally adjusted basis, sales were down by one per cent compared to September 2018.
The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis to $807,340. After preliminary seasonal adjustment, the average selling price was up one per cent compared to September 2018. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.6 per cent compared to October 2017. Price growth continued to be driven be the condominium apartment and higher density lowrise market segments.
“Annual sales growth has been positive since the late spring. While the OSFI stress test and higher borrowing costs have kept sales below 2016’s record pace, many households in the Greater Toronto Area remain upbeat on home ownership as a quality long-term investment. A strong regional economy and steady population growth will continue to support the demand for housing ownership as we move into 2019,”said Mr. Bhaura.
There were 14,431 new Listings entered into TREB’s MLS® System in October 2018 – down 2.7 per cent compared to October 2017. The fact that sales were up and new listings were down year-over-year in October suggests that market conditions became tighter.
“Annual sales growth has outstripped annual growth in new listings for the last five months, underpinning the fact that listings supply remains an issue in the Greater Toronto Area. With municipal elections in the rear view mirror, all levels of government need to concentrate on policies that could remove impediments to a better-supplied housing market, including facilitating the development of a broader array of medium density housing choices,” said Jason Mercer, TREB’s Director of Market Analysis.
“TREB remains committed to high quality housing research. We will be releasing our fourth annual Market Year in Review and Outlook Report at the beginning of February 2019. The report will include updated consumer survey results, including home buying intentions for 2019, and exciting new research related to housing supply,” added Mr. Bhaura.
Average prices October 2018 versus previous months
Oct-18 Sept 2018 April 2018 Oct-17 Sept 2017 April 2017 Dec 2016 Nov 2016 Nov 2015% Change Oct 2018 vs April
2017
% Change Oct 2018 vs Dec
2016
% Change Oct 2018 vs Oct
2017
Detached (416 area code) 1,311,265$ 1,342,363$ 1,354,719$ 1,287,765$ 1,355,234$ 1,578,543$ 1,286,605$ 1,345,960$ 1,018,621$ -20% 2% 2%Detached (905 area code) 914,179$ 905,722$ 929,092$ 910,488$ 912,921$ 1,098,827$ 934,055$ 957,517$ 762,326$ -20% -2% 0%
Semi -detached (416) 1,026,829$ 995,951$ 1,021,986$ 948,309$ 935,467$ 1,104,047$ 808,920$ 906,353$ 750,608$ -8% 21% 8%Semi-detached (905) 659,622$ 661,907$ 656,874$ 636,829$ 630,797$ 727,218$ 630,053$ 618,860$ 504,928$ -10% 4% 3%
Condo Apartment (416) 603,153$ 615,582$ 601,211$ 555,004$ 554,069$ 578,280$ 466,592$ 471,256$ 415,316$ 4% 23% 8%Condo Apartment (905) 461,013$ 455,686$ 457,014$ 435,142$ 428,360$ 440,950$ 375,572$ 374,792$ 315,223$ 4% 19% 6%
(Source: Toronto Real Estate Board - Market watch report)
Not intended to solicit Buyers or Sellers currently under contract with another Realtor.
Office: 416-494-7653
Connect with me on-linewww.GillianSantink.com
Hallmark Realty Ltd., BrokerageEach Office Independently Owned and Operated
685 Sheppard Ave. E #401, Toronto, ON, M2K 1B6
Hallmark Realty Ltd., BrokerageEach Office Independently Owned and Operated685 Sheppard Ave. E #401, Toronto, ON, M2K 1B6
416-494-7653 | [email protected] | www.GillianSantink.com
Don Mills Real Estate Report
Property # of sales
Average Sold Price
Average days to sell
16 Dallimore Circle1 + 1 bed / 1 bath (600-699 sq ft) 1 431,500$ 152 + 1 bed / 2 bath (800-899 sq ft) 1 537,188$ 92 + 1 bed / 2 bath (900-999 sq ft) 3 535,000$ 11
120 Dallimore Circle1 bed / 1 bath (500-599 sq ft) 1 400,000$ 141 bed / 1 bath (600-699 sq ft) 1 400,000$ 65
1 +1 bed / 1 bath (600 - 699 sq ft) 1 393,000$ 322 bed / 1 bath (600-699 sq ft) 1 430,000$ 242 bed / 1 bath (700-799 sq ft) 1 460,000$ 33
2 + 1 bed / 2 bath (1000-1199 sq ft) 1 545,000$ 775 The Donway West
1 bed / 1 bath (0-499 sq ft) 1 379,900$ 1485 The Donway West
99 The Donway West1 bed / 1 bath (500-599 sq ft) 2 471,400$ 292 bed / 2 bath (800-899 sq ft) 1 735,000$ 1
2 + 1 bed / 2 bath (1200-1399 sq ft) 1 1,188,000$ 14160 The Donway West
205 The Donway West
215 The Donway West2 bed / 2 bath (1200-1399 sq ft) 1 735,500$ 16
225 The Donway West
245/255 The Donway West2 bed / 2 bath (1200 - 1399 sq ft) 1 689,000$ 15
801 Lawrence Ave E.2 + 1 bed / 2 bath (1200-1399 sq ft) 1 680,000$ 5
1101 Leslie St.
1103 Leslie St.
1105 Leslie St.1 + 1 bed / 1 bath (700-799 sq ft) 1 490,000$ 25
2 bed / 2 bath (800-899 sq ft) 1 568,000$ 411200 / 1210 Don Mills Rd.
2 bed / 2 bath (1400-1599 sq ft) 1 849,000$ 4Statistics courtesy of Toronto Real Estate Board, and reflect sales as reported.Square footage as noted on the MLS listing.
Don Mills Condominiums
No sales in this period.
No sales in this period.
No sales in this period.
No sales in this period.
August 1st to October 31st, 2018
No sales in this period.
No sales in this period.
Property Type# of
sales Average Sold
Price Average days
to sell
Bungalow 7 1,429,283$ 191 1/2 storey 1 1285000 29
Sidesplit 2 1,468,100$ 122 Storey 1 1,825,000$ 14
Detached Listed Over $2,000,0002 Storey 3 2,393,342$ 43
Detached Listed Over $3,000,0002 Storey 1 3,280,000$ 178
Semi Detached House2 Storey 4 931,420$ 9
Att/Row/TownhouseDavid Dunlap area (3 Storey) 2 1,021,350$ 55
Statistics courtesy of Toronto Real Estate Board, and reflect sales as reported.
Property Type# of
sales Average Sold
Price Average days
to sell
Condo TownhouseHaldenby area
Cora Urbel AreaBarber Greene / Southill,
Cottonwood, Broadpath area2 674,500$ 13
Dutch Myrtle /Wax Myrtle Way / Birchbank
1 772,000$ 102
Statistics courtesy of Toronto Real Estate Board, and reflect sales as reported.
No sales in this period.No sales in this period.
Don Mills Houses August 1st to October 31st, 2018
August 1st to October 31st, 2018Don Mills Condo Townhouses
Detached Listed over $1,000,000
Average Price # of Sales Oct-18 Oct-17 % Change Oct-18 Oct-17 % Change
City of Toronto (416) $869,870 $819,124 6.2% City of Toronto (416) 3,031 2,863 5.9%Rest of GTA (905) $764,855 $754,041 1.4% Rest of GTA (905) 4,461 4,206 6.1%GTA $807,340 $780,400 3.5% GTA 7,492 7,069 6.0%Source: Toronto Real Estate BoardDays on Market Oct-18 Oct-17 % Change Listings Oct-18 Oct-17 % ChangeTreb Total 24 23 4.3% Active listings at October 31st, 2018 18,926 18,859 0.4%
New listings 14,431 14,837 -2.7%Source: Toronto Real Estate Board
Key Toronto Real Estate Board Stats for October
