Interesting market

home sales Riverdale High Park Swansea Roncesvalles Village

Home sales have been very strong in January - it was the second best January in the history of Toronto Real Estate Board. Winter finally arrived in Toronto in February, and it is interesting to see how are home sales in different Toronto neighbourhoods.

Prime Riverdale is very busy, with 11 sales reported since the beginning of the month. The average listing-to-sale price ratio was 105.1%, with only three sales below asking, at an average of 95.3%.

In contrast, High Park had 9 sales reported, but the listing-to-sale price ratio was 98.8%, with only one property selling above asking at 106%.

Swansea had only four sales so far this month, two of them above asking at 101% and 119%, and two below, at 98% each. The average was 104%.

Roncesvalles Village reported 5 sales with an average of 103%. This average is due to one only sale at 120% above asking, the other four sold below asking.

Bloor West Village had 8 sales, with an average of 99.1% of asking. Only two homes sold above asking, at an average of 105%.

Lytton Park reported 6 sales at 109% of asking on average, with only two properties selling below asking (at 93.5%).

Bayview Village had only three sales so far this month, all of them below asking at an average of 97.7%.