New Street May 2019 Etobicoke & Toronto West Real Estate Market Report //
📊 The average price of a home in the Toronto West area was $849,160
📊 This figure was up 3% from the previous month
📊 Up 9% from last year in May 2018
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📊 Sales volume was up by double-digit percentages again from last month by 16%
📊 Up 27% from May 2018
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📊 Toronto West had 1.9 months of supply in May 2019, lower than the GTA average of 2.5 months.
📊 Homes are selling for over asking at 102% of the listing price in Toronto West
Toronto West Home Type Highlights
📊 Prices of detached were slightly down from last year by about 5%
📊 With many new custom builds on old detached lots, semi-detached homes saw a jump of 11% from 2018
📊 Towns saw the highest increase in price up 16% from last year
📊 Condos also did well up 8% on average from last year
📊 Sales were even more telling of market conditions with the sale of detached homes up by 53% from last year
📊 Semis were up 73%
📊 Towns up between 24%-32% depending on ownership type
📊 Condo sales remained still from last year