Feb 6 | Posted by Barry

Each month, the Toronto Real Estate Board (TREB) releases a MarketWatch Report. The following statistics were obtained from the January 2012 Report and make comparisons to the same period one year ago.

As of January 2012, in York Mills (C12), there were 97 active market listings, an increase of 14% from the previous year’s statistics.

Unit sales for January (year over year) increased by 30% to 17 units.

The total volume sold for the month of January increased by nearly 55% while the median price also increased by 15%.

In January, the average number of days on the market for each home was 46 days, compared to 55 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, even with a huge swell in transactions.
  • Homes are selling faster.
  • 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 January 2012 and 2011