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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