New Street January 2019 Etobicoke & Toronto West Real Estate Market Report //
📊 The average price of a home in the Toronto West area was $679,237
📊 This figure is pretty much on par, down by 0.3%, from the previous month
📊 Down 2.5% from January 2018
📊 Sales volume was down from last month
📊 Down by 4.4% from January 2018
📊 Toronto West had 1.9 months of supply in January 2019, significantly lower than the GTA average of 2.7 months.
📊 Homes are selling for 99% of the asking price.
Toronto West Home Type Highlights
📊 Averaging at just under a million dollars, detached homes saw an increase in price of 16.2% from last year, which was a common theme throughout other areas in the GTA
📊 Condos averaged just under half a million and also on the rise, up 13.5% from the previous year
📊 The sales of freehold townhomes was down by 23% to only 10 sales
Watch Selena Pollard Scott from our team break it down in this short video: