The New Street April 2021 Toronto West Real Estate Report //
Prices //
- The average price of a home in Toronto West was $1,035,600 in April 2021.
- This figure was up by approx. 0.2% from last month (March. 2021).
- The average price increased from last year by approx. 22% (April. 2020).
- Towns and Detached homes saw the largest price increase from last year (April. 2020) at 35% and 34% respectively.
Sales Activity //
- With 1,231 sales, volume decreased from last month (March. 2021) by approx. 5%.
- Sales activity was up from last year (April 2020) by approx. 326%.
- Condo Towns and Condo saw the largest spike in activity, up by approx 621% and 336% respectively.
Market //
- There is currently 1.4 month of supply on the market on average.
- Homes are selling for 108% of their listing price on average.
Analysis //
- Prices of Condo Towns saw the highest price increase of 621% from last year April 2020 and sales overall were up by approx 326% from last year.