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The Annex Toronto Housing 2020 Real Estate Sales Report
The Annex, Toronto Houses
1st Quarter Quarter 2020 Real Estate Sales Report
The Annex Toronto |
|
2020 |
|
|
2019 |
|
Difference |
Sales |
|
22 |
|
|
23 |
|
- 4% |
Average Price |
|
$2,798,727 |
|
|
$2,426,601 |
|
+ 15% |
Average Listing Price |
|
$2,877,265 |
|
|
$2,468,070 |
|
+ 16% |
% of Final Sales Price to Listing Price |
|
99% |
|
|
99% |
|
+ 0% |
Days on Market |
|
17 |
|
|
33 |
|
- 49% |
# of Detached Houses |
|
7 |
|
|
3 |
|
|
# of Semi's |
|
9 |
|
|
13 |
|
|
# of Townhouses |
5 | 4 |
The Annex Toronto's real estate housing market saw a decline in sales but an increase in the sold price in 2020 1st quarter. Sales this quarter down by 4% to 22 home sales. Sales prices for 2020 increased dramatically by over $300,000, partly due to a lack of inventory and the amount of detached homes sold in the The Aneex neighbourhood, pushing the average sales price up. The average price comes in at a strong $2,798,727 per house.
Another statistic showing that the market will remain strong is that we are seeing houses sell at 99% of the final sales price to the listing price. Also, houses are selling within 3 weeks.
I will be very curious to see what 2nd quarter 2020 brings.
If you have any questions, feel free to contact me and I'll get back to you as soon as possible.
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