The Annex Toronto Housing 2020 Real Estate Sales Report

The Annex, Toronto Houses

January 1st - May 31 2021 Real Estate Sales Report

The Annex Toronto's real estate housing market saw a strong increase in sales.The market more than doubled in sales over 2021 to 34 sales. This is still down from 2019 but showing signs of slowly coming back. There is still a lack of inventory in the Annex. Sales prices for 2021 increased dramatically by almost $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 $2,313,338 per house.  

Another statistic showing that the market will remain strong is that we are seeing houses sell at 97% of the final sales price to the listing price. Also, houses are selling in just over 5 weeks. 

I will be very curious to see what 2nd half 2021 brings.If inventory increases we may see a flatine of the price. If inventory remains we will see a continuous price increase.