Sutton Group - Old Mill Realty Inc.4237 Dundas St W., Toronto, ON M8X 1Y3t. 416.234.2424 • c. [email protected]
Susan’s MARKET UPDATE SOLDBY SUSAN(St. Andrew on the Green)
SUSAN STERBINSKYsales representative
B.A.
S T A N D R E W O N T H E G R E E N M AR K E T U PDAT E
ArriveAtHome.com 416.234.2424
• Unit 101• Unit 610• Unit 707• Unit 311 (represented the buyer)• Unit 603 (represented the buyer)
Sincerely,
During these troubled times TRREB is strongly advising Members to refrain from face-to-face real estate practices during the State of Emergency as they continue to satisfy their ethical duties to their clients. Members are encouraged to use alternative marketing strategies, such as video and virtual tours wherever possible, and to continue to follow directives and guidance being given by the government and public health agencies.
“Realtors have a responsibility to protect their own safety, as well as the safety of their colleagues, clients, and the general public. Real estate was included as one of the essential workplaces announced by the Ontario Government on March 24th. This was primarily to ensure people who had
home or selling their existing property, were not left in limbo during the provincial shutdown.”
Our world has been changed forever by the COVID Virus. Everyone has been impacted in some way by this epidemic. I sincerely hope that you and your families are staying safe and healthy.
Not intended to solicit buyers or sellers under contract
with a brokerage. Statistics courtesy of the TREB.
Copyright © 2020 CF&R Services Inc. 905-426-3891
cfrservices.com B6022
ST ANDREW ON THE GREEN - MARKET WATCH
$750,000 $800,000 $850,000 $900,000 $950,000
GTA Resale Home Sales (Average Price) - March
2020
2019
2018
2017
7,500 9,000 10,500 12,000 13,300
GTA Resale Home Sales (Units Sold) - March
2020
2019
2018
2017
TREB President announced that GTA REALTORS® reported 8,012 home sales through TRREB’s MLS® System in March 2020 – up by 12.3 per cent compared to 7,132 sales reported in March 2019.
However, despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. For the purposes of this release, the start of the post-COVID-19 period was the week beginning Sunday, March 15.
The overall March sales result was
of the month. There were 4,643 sales reported in the pre-COVID-19 period, accounting for 58 per cent of total transactions and representing a 49 per
days of March 2019.
There were 3,369 sales reported during the post-COVID-period – down by 15.9 per cent compared to the same period in March 2019.
For March as a whole, new listings were up by three per cent year-over-year to 14,424. However, similar to sales, new listings dropped on a year-
over-year basis during the second half of the month (beginning March 15) by 18.4 per cent.
The MLS® Home Price Index Composite Benchmark price was up by 11.1 per cent year-over-year in March 2020. The average selling price for March 2020 as a whole was $902,680 – up 14.5 per cent compared to March 2019. The average selling price for sales reported between March 15 and March 31,
of March 2020, but still up by 10.5 per cent compared to the same period last year.
Thank you for recommending
your friends and family to
me. It means so much!
GTA REALTORS® RELEASES MONTHLY RESALE HOUSING MARKET STATISTICS
PRESTIGIOUS KENSINGTON I I
LUXURY EXECUTIVE LOW-RISE AT OLD MILL. BEAUTIFULLY RENOVATED 2 BEDROOM, 2 BATH UNIT - APPROX. 1000 SQ. FT.
HARDWOOD FLOORS, MARBLE FIREPLACE - CROWN MOLDINGS. LARGE MASTER WITH WALK-IN CLOSET AND ENSUITE BATH. WALK-OUT
TO PRIVATE, PARK-LIKE GARDEN-TERRACE WITH SUNNY, SOUTH EXPOSURE.STEPS TO SUBWAY, THE OLD MILL AND PARKS. MINUTES TO AIRPORT.
$998,0 0 0
JUST LISTED
9 Burnhamthorpe Cres
700 - 1100 sq. ft.2 Bed, 2 Bath 5 738,560$ 799,900$ 19
Total 5
Latest Recap of Solds
# sold avg price high price days onmarket
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