Good-bye summer, it’s been a slice. Although Mother Nature left us with much to be desired, fortunately we were busy selling homes! This summer was our busiest on record and we thank the amazing clients with whom we’ve had the opportunity to work with during this time.
The Fall housing market is in full swing! Stats-wise overall, August sales weren’t too shabby with a total of 7600 sales across the entire TorontoMLS which was up 2.8% compared to August 2013. The average selling price this August was $546,303 – up 8.9% in comparison to the average of $501,677 reported in August 2013. The year-to-date average price through August was $562,504, which represented an increase of 8.5% in comparison to the same period in 2013.
What does this mean? Well…Buyers are still out shopping for their perfect new home. Even though we’re seeing a healthy dose of new inventory hitting the market daily, the demand still exceeds supply. Sellers! Now that you’re refreshed from the long weekend and summer break, it’s an opportune time to get your home prepped and ready to hit the market.
Check out our current listings for sale:
- EXCLUSIVE, not on MLS brand-spankin’ new condos available at AURA (Canada’s tallest luxury condo in the heart of the city at Yonge & Gerrard) and at DNA 3 in the trendy King West (proper) neighbourhood. Great selection of 2 bedroom and 2 + den suites starting from $490,000 (including parking!)
- Stainless-steel appliances, granite and new laminate flooring at this Awesome deal for a 4 year new, 1 bedroom + den in Square One Mississauga’s city centre (only $248,900!) – SOLD!
- Terrific first time purchase and the best price in the building for this immaculate 1 bedroom suite in Square One Mississauga’s city centre at an unbelievable $235,000!
- For lease we have a gorgeous 1 bedroom + den, 1.5 bath loft on Merton St conveniently located at Yonge & Davisville. $1950/month (includes hydro and parking!)
- Spacious, and just renovated 800 sq ft 1 bedroom + den condo opposite Square One, Mississauga for only $1575/month. – LEASED!
Are any of these properties what you or someone you know is looking for? Get in touch if they are, OR if you would you like to know the most up-to-date sales activity for your neighbourhood. We’re happy to help!