|Central Toronto REALTORS® reported 148 detached home sales through the Toronto MLS® in December 2021; and on average, these detached homes sold for $2,178,132.
Last year, in December 2020, Toronto MLS® reported 184 freehold detached home sales across Toronto – which is a 20% decrease in volume for this year. It was also reported that on average, freehold detached homes sold for $2,043,130 in December 2020 – and that’s a 7% increase in sale prices for this December!
With respect to semi-detached homes: Central Toronto REALTORS® reported 112 semi-detached home sales in December 2021; and on average, these semi-detached homes sold for $1,527,533 last month.
That compares to 159 semi-detached home sales in December 2020 – which is a 30% decrease in volume for this year. But again, it was also reported that on average, semi-detached homes sold for $1,334,163 in December 2020 – and that’s an 14% increase in sale prices for this December!
With respect to condo sales, Central Toronto REALTORS® reported 831 condo sales in December 2021; and on average, these condos sold for $833,308 last month.
In December 2020, there were 933 condo sales – which is a 11% decrease in volume for this year. On average, these condos sold for $704,375 – and that’s a 18% increase in sale prices for this December!
Would you like to know what is happening in your specific neighbourhood? Our detailed reports below will give you a true sense of the activity and the sale prices taking place in your local area.
If you are trying to figure out which neighbourhood you live in, you can find the neighbourhood boundaries here:
SAGE Neighbourhood Sold Reports Boundaries.
I hope you find this December report as encouraging as I do. If you’d like to discuss it, or have specific questions about your neighbourhood or another one that interests you, please call or email me directly. And feel free to pass along our December report, if you have friends or family who might be interested in the latest real estate stats for Toronto.
Take care and stay safe,