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The Annex Toronto Housing 2nd Quarter Real Estate Sales Report
The Annex, Toronto Houses
2nd Quarter 2018 Real Estate Sales Report
| The Annex, Toronto 2nd Quarter |
2018 | 2017 | Difference | ||||
| Sales |
38 | 58 | - 34% | ||||
| Average Sold Price |
$2,149,053 | $2,138,984 | + 0% | ||||
| Average Listing Price |
$2,123,492 | $1,966,517 | + 8% | ||||
| % of Final Sales Price to Listing Price |
103% | 111% | - 8% | ||||
| Days on Market |
19 | 8 | + 56% |
The Annex Toronto's real estate housing market saw a decline in sales but an increase in the sold price in the 2nd quarter of 2018. Sales this quarter down by 34% to 38 home sales. Sales prices for the 2nd quarter increased by slightly over $10,000, partly due to a lack of inventory in the The Aneex neighbourhood, pushing the average sales price up. The average price comes in at a strong $2,149,053 per house.
Another statistic showing that the market will remain strong is that we are seeing houses sell at 103% of the final sales price to the listing price. Also, houses are selling within 3 weeks.
I will be very curious to see what the 3rd quarter of 2018 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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