Toronto Condo Sales January 2009

The Toronto Real Estate Board reported 2,670 total sales in January 2009 compared to 5,075  sales in the same month in 2008.

The City of Toronto sales were 1,106 compared with 2,128 for January 2008 a drop in sales of 52 percent.

Prices declined in the 905 Area from $352,965 to $328,935  for December 2008m a drop of 6.8 percent. The city of Toronto declined in average price from $404,202 to $364,415, a drop of 9.8 per cent.

Prices for Toronto Condos in the Central districts of Toronto were lower, with popular areas showing negative figures from the same period a year ago.

Two standouts were North York Condos, C15 with an increase in price of  16 percent and C07 with an increase of 10.9 percent

The average price statistics  of  Toronto Condos in several Toronto downtown and Central Real Estate districts for January 2009 were as follows:

District	January 2008	January 2009	Change
C01	354,331	320,532	-9.5%
C07	260,021	288,320	+10.9%
C08	353,693	311,783	-11.9%
C14	289,287	270,171	-6.6%
C15	255,643	296,593	+16%

 

 

 

 

 

 

 

Other Toronto Real Estate prices and sales for the different Toronto districts can be found on the updated Torontohomeandcondo.com Marketwatch section of our Toronto Real Estate website that includes new and resale Condos, Lofts, Town-homes and homes for sale.

Related Posts:

Toronto’s Highest Condos

Toronto Condos December Prices

Toronto Condos Downtown