Toronto Real Estate Agents – Stats July August 2015

Should I sell my house in the summer? Should I wait until fall to sell my house? Common questions we hear all the time.

The summer of 2015 saw another busy season for those selling a house in in the Toronto real estate zone of E02 and some of the best real estate agents in Toronto were kept hopping.

Toronto’s top real estate agents in The Beaches, East End Danforth and the Woodbine Corridor helped clients buy and sell 71 freehold homes as reported on the Toronto Real Estate Board’s MLS system.

The most expensive house sold was for a lake front property for whopping $5,700,000 at the foot of Munro Park in The Beach. The second most expensive house sold was for $2,019,000 on Crown Park Road, also in The Beach. Not far behind in Toronto’s Beaches neighbourhood was a 3-storey detached house on Northern Dancer Boulevard which sold for $1,888,500. Interestingly, these three gorgeous high end houses will very large selling prices all sold in just a few days after being put on the market.

The Beaches and the Woodbine Corridor neighbourhoods accounted for most of the Toronto houses that sold for more than a million dollars in this real estate zone during July and August 2015.

Toronto real estate agents also discovered some of the most expensive houses sold were on Kingswood Road, Wineva Avenue, Boardwalk Drive, Balsam Avenue, Hammersmith Avenue, Vince Avenue, Leuty Avenue, Elmer Avenue, Kenilworth Avenue, Glen Manor Drive, Dixon Avenue, Southwood Drive, Lyall Avenue, Pine Crescent, Main Street, Highcroft Road, Glen Steward Road, Wheeler Avenue, Pickering Street and Kippendavie Avenue.

Some of the best Toronto real estate agents saw selling prices of well over a million dollars on these streets, mainly for detached houses.

Top Toronto realtors with active buyers looking in these east Toronto neighbourhoods saw that the least expensive houses for sale were found on Bastedo Avenue, Balfour Avenue, Victoria Park Avenue, Kelvin Avenue, Lawlor Avenue, Heyworth Crescent, Coleman Avenue, Hannaford Street, Kingston Road, Golfview Avenue, Duvernet Avenue, Gates Avenue, Buller Avenue, Osborne Avenue and Kennilworth Avenue. These streets all had homeowners selling Toronto properties for under $700,000 with the majority of those houses being semi-detached or rowhouses/townhouses.

It took an average of 14 days on market for real estate sellers selling a house to firm up an offer.

The streets with the most real estate activity occurred on Balsalm Avenue, Duvernet Avenue, Elmer Avenue, Golfview Avenue, Hannaford Street, Highcroft Road, Kennilworth Avenue, Lawlor Avenue, Wayland Avenue and Wheeler Avenue.

The average selling price in E02 for November 2015 was $1,009,056. Most houses sold in neighbourhoods of The Beach, Woodbine Corridor and East End Danforth were detached 2-storey homes.

For comparison’s sake, the average sale price for this period in July and August 2014 for zone E02 was $756,634. In July and August 2013 it was $693,871. And then for the same period is 2012 the average selling price for this area in Toronto was 802,572. An interesting fluctuation in selling prices in this area likely due to a handful up extremely expensive houses near to lower priced homes in this zone.

GTA realtors Cameron Weir and Scott Hanton have enjoyed working with buyers and sellers in downtown Toronto neighbourhoods for years and are thrilled to continue to help so many homeowners profit nicely.

For any specifics on actual real estate selling prices for your neighbours anywhere in the Greater Toronto Area, please contact us directly.

The Weir Team lives and works in Toronto and Durham Region. We look forward to being of excellent service to you if you are looking to buy a house or sell a house in Toronto, Leslieville, Scarborough, Pickering, Ajax or Whitby. It’s our goal to raise the bar on quality and service levels currently found in the GTA.

Written by Scott Hanton, Real Estate Broker for The Weir Team

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