1. September 2001
Fifth Straight Record Breaking Month
TORONTO — Wednesday, Oct. 3, 2001. districts and averaged $225,826; 708
sales were repor ted in the 14 Central
The Toronto Real Estate Board’s (TREB) districts and averaged $336,598; 1,074
September sales statistics indicate that sales were repor ted in the 23 North
there are no signs of an economic districts and averaged $272,782; and
slowdown in the housing market, TREB 1,362 sales were repor ted in TREB's 21
President David Pearce announced East districts and averaged $203,859.
today. “With a total of 5,021 sales, up
3% from the same time last year, we not
Neighbourhood Corner
only broke previous records for
September, we continued a five month Rosedale
streak of record breaking months," said The Rosedale market has remained
Mr. Pearce. stable thus far in 2001. Over the June Number of MLS Sales
9000
Prices fell slightly in September, to September period, the average price 8000
S.F.D
P.O.T.
down 1% to $245,530 from the August of detached homes has been 7000
figure of $247,472, and also down 1% $1,424,026 on the basis of 19 sales, 6000
from the $248,604 recorded in 5000
down 2% from the $1,449,915
September 2000. 4000
recorded during the same time last 3000
"Right now we have the best of both
year. Time-on-Market was 68 days, and 2000
worlds--a breakneck sales pace without
the most expensive home in the area 1000
wild price increases," the President noted. 0
Breaking down the total, 1,877 sold for just over $5,000,000. Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
sales were repor ted in TREB's 28 West
Number of New MLS Listings
30000
25000
Single-Family Residential Breakdown 20000
Dwelling Type Sales Median 15000
3.7%
4.9%
20.6%
0.2% Single Detached 2,467 $260,000 10000
0.2%
Semi Detached 511 215,000 5000
Condo T.H. 563 170,000
0
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
Condo Apt. 1,033 163,500
11.2%
Link 186 220,000
Attached/Row 245 198,900 35000
Number of Active MLS Listings
Co-op Apt. 8 157,500 30000
10.2% 49.1%
Detached Condo 8 180,500 25000
20000
15000
10000
Housing Market Indicators
5000
September 2000 September 2001 % Change
Sales* 4,857 5,021 (+3%) 0
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
Sales (P.O.T.) 976 832 (-15%)
New Listings* 8,215 8,584 (+4%)
Active Listings** 19,647 19,037 (-3%)
* Single-Family Dwellings Only
** Properties All Types including Single-Family Dwellings.
2. 2
Single-Family Dwelling Sales Comparison
8000
2000
2001
7000
6000
5000
4000
3000
2000
1000
0
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Price Category Breakdown — September
Price Range Total S.F.D. Condo Apt. Condo T.H.
Up to $90,000 46 (0.9) 27 (2.6) 7 (1.2)
90,001 to 110,000 118 (2.3) 65 (6.3) 22 (3.9)
110,001 to 120,000 89 (1.8) 47 (4.6) 16 (2.8)
120,001 to 130,000 149 (3.0) 87 (8.4) 23 (4.1)
130,001 to 140,000 188 (3.7) 82 (7.9) 40 (7.1)
140,001 to 150,000 235 (4.7) 98 (9.5) 55 (9.8)
150,001 to 160,000 232 (4.6) 88 (8.5) 50 (8.9)
160,001 to 170,000 269 (5.4) 100 (9.7) 69 (12.3)
170,001 to 180,000 270 (5.4) 75 (7.3) 50 (8.9)
180,001 to 190,000 302 (6.0) 54 (5.2) 53 (9.4)
190,001 to 200,000 241 (4.8) 40 (3.9) 29 (5.2)
200,001 to 225,000 617 (12.3) 79 (7.6) 77 (13.7)
225,001 to 250,000 590 (11.8) 60 (5.8) 36 (6.4)
250,001 to 300,000 684 (13.6) 57 (5.5) 18 (3.2)
300,001 to 400,000 622 (12.3) 51 (4.9) 13 (2.3)
400,001 to 500,000 189 (3.8) 12 (1.2) 4 (0.7)
500,001 to 750,000 120 (2.4) 3 (0.3) 1 (0.1)
750,000 to 1,000,000 37 (0.7) 2 (0.2) — (—)
1,000,001 to 1,500,000 15 (0.3) 6 (0.6) — (—)
Over 1,500,000 8 (0.2) — (—) — (—)
Total 5,021 100.0 1,033* 100.0 563** 100.0
* 1,033 condominium apartments sold for $191,572,782, averaging $185,452
** 563 condominium townhouses sold for $101,226,996 averaging $179,799.