Thursday, October 31, 2019

TREB 2019-Q3 Housing Market Report For EAST YORK E01/E02/E03

I thought you might be interested in a summary of all the home sales for your neighbourhood for the last 3 months.
Click on the link below for the total number of sales in each of the different neighbourhood or community within East York in TREB Map E01, E02, E03. On the first page in each link, you have a breakdown showing detached homes sold, semi-detached, attached/row/townhouses, condo townhouses, condos sold for each neighbourhood/community. Also on the 2nd page, the charts show the Average DOM (Days on Market, the number of days the properties took to sell) and the Average/Median Selling Price.
NOTE: The Average sale price is calculated by adding all the sales in a specific area within a specified time frame and dividing that total by the number of properties sold. The problem is if one or more properties were sold at an extraordinarily high or low price, the average is skewed higher or lower as a result. In this case, the average becomes a somewhat unreliable metric. The Median sale price, on the other hand, is the sale price in the middle of the data set when you arrange all the sale prices from low to high. The Median sale price, then, represents the figure at which half of the properties in the area sell at a higher price and other half at a lower price. 
I hope you find these charts and stats usual. If you are interested in this information for any other neighourhood/community, just drop me an email and I'll send them to you.  If you have any questions, don't hesitate email me at I'm not only here as your Realtor when you want to buy or sell. I'm also your Real Estate Advisor, here to help you make the most of your Real Estate Investment.

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