1. SINGLE FAMILY RESIDENTIAL BREAKDOWN
1.7 % 7.6% %
March 2011 24.5 % 0.3
0.0 %
Second Best March on Record 8.0 %
TORONTO - April 5, 2011
11.4 % 46.4 %
Greater Toronto REALTORS® The strongest average annual
reported 9,262 transactions price growth was reported
through the TorontoMLS® system for condominium apartments
in March 2011, representing and semi-detached 2.3 7.0 0.3 at
houses, % % Dwelling Type Sales % Median
21.5 % %
approximately seven per cent 0.1
for Single Detached 4,294
Detached 99 $487,000
%
the second best March result on
Semi Detached
Semi-Detached 1,057 100 $385,000
record. The number of transactions both home types.
Condo T.H.
Condo Townhouse 745 99 $292,000
was 11 per cent lower than the
“Market conditions were tighter
8.5 %
Condo Apt.
Condo Apt 2,271 98 $295,000
record result reported in March Link
in March compared to last year. Link 161 100 $415,000
2010. Attached/Row
Att/Row/Twnhouse 702 99 $362,450
With more competition between
12.0 % Co-op Apt.
Co-op Apt 30 98 $196,500
“The strong home sales reported 48.3
buyers, we have seen a strong but
%
Detached Condo
Det Condo 2 98 $349,445
in March and throughout the first sustainable rate of price growth,”
quarter of 2011 have been based said Jason Mercer, TREB’s Senior
Housing Market Indicators
on a solid affordability picture and Manager of Market Analysis. AuguNovMar. 2010 Mar. 2011 %Change
improving economic conditions in Sales 10,430 9,262 (-11%)
New Listings 18,914 15,315 (-19%)
the GTA and country-wide,” said Median Price Active Listings* 18,684 16,616 (-11%)
Toronto Real Estate Board (TREB) Days on Market 20 23 (15%)
President Bill Johnston. In March, the median price * All figures for single-family dwellings.
was $385,000, from the
The average selling price for $370,000 recorded during
March 2011 was up five per March of 2010. Inside
cent year-over-year to $456,147.
District Map ............................................................. 2
Annual Average and Median Price Price Category Breakdown......................................2
East District ............................................................. 3
West District ............................................................ 6
Toronto District ......................................................10
500000 Average Median
North District..........................................................12
400000 Annual Summary ...................................................16
300000 Single Family Comparison ....................................16
200000
100000
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
16. District Totals
New Active Listed Sales $ Volume Avg Price Med Price Avg DOM Avg %List
Grand Total 15,315 16,616 N/A 9,262 4,224,832,331 456,147 385,000 23 99
Year N/A N/A 35,690 19,610 8,799,282,200 448,714 377,000 27 99
Annual Summary - Single Family
Year *Number of Sales *Average Price Year *Number of Sales *Average Price
1977 20,512 $64,559 2010
1978 21,184 $67,333 January 4,986 $409,058
1979 23,466 $70,830 February 7,291 $431,509
1980 26,017 $75,694 March 10,430 $434,696
1981 29,625 $90,203 April 10,898 $437,600
1982 25,336 $95,496 May 9,470 $446,593
1983 30,046 $101,626 June 8,442 $435,034
1984 31,905 $102,318 July 6,564 $420,482
1985 45,509 $109,094 August 6,232 $411,012
1986 52,919 $138,925 September 6,310 $427,329
1987 43,475 $189,105 October 6,681 $443,729
1988 49,381 $229,635 November 6,510 $438,030
1989 38,960 $273,698 December 4,395 $433,946
1990 26,779 $255,020
1991 38,144 $234,313 Year-to-Date** 86,170 $431,463
1992 41,703 $214,971
1993 38,990 $206,490 2011
1994 44,237 $208,921 January 4,337 $427,037
1995 39,273 $203,028 February 6,266 $454,423
1996 55,779 $198,150 March 9,262 $456,147
1997 58,014 $211,307
1998 55,344 $216,815 Year-to-Date** 19,610 $448,714
1999 58,957 $228,372
2000 58,343 $243,255
2001 67,612 $251,508
2002 74,759 $275,231
2003 78,898 $293,067
2004 83,501 $315,231
2005 84,145 $335,907
2006 83,084 $351,941
2007 93,193 $376,236
2008 74,552 $379,347
2009 87,308 $395,460
* Due to District revisions, caution should be exercised when undertaking historical comparisons. Please refer to appropriate maps.
**This figure may not equal the sum of all monthly totals, as the year-to-date total reflects sales reported in error and deals that have fallen through since January 1st.
Single Family Dwelling Sales Comparison
Sales Active Listings Average Price
15000 500000
35000
13500
30000
12000
425000
10500 25000
9000
20000
7500 350000
6000 15000
4500 10000 275000
3000
5000
1500
0 0 200000
Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
2010 2011 2010 2011
16 TORONTO REAL ESTATE BOARD