Yorkville Toronto Condo Market Report 2015 Second Quarter Sold Prices Per Square Foot & Luxury Unit Sales
Yorkville Toronto condo market soars after 6 month lull.
Sold prices for Yorkville resale condos rose dramatically in the 2nd quarter of 2015. The average selling price for a Yorkville condo reached $1,332,752 up 14% from last quarter’s $1,094,327.
Average sold price per square foot was $843 also up from first quarter’s $738.
Interestingly, this second quarter saw longer days on market and more units sold. It took an average of 67 days to sell a Yorkville condo with 95 units selling in this 3 month period as compared to 65 units that sold in the last quarter with an average of 56 days on market.
Yorkville Luxury Condo Sales The dramatic upswing in sold prices was also reflected in the luxury segment of the Yorkville condo market. In units that sold over $2M, the average sold price per square foot reached $1242 up 30% from last quarter’s $950. The average sold price for a luxury condo in Yorkville is now $3,478,438 with 16 units sold in the second quarter. This time last year the average sold price for a luxury condo was $2,929,545 at a cost of $1207/square foot.
This quarter’s 16 sales of luxury condos ranged in asking price from $2.150M to $8.295M and took place in 10 Yorkville condo buildings:
Yorkville Luxury Condo Building Name & Address
# of Luxury Units Sold Over $2.0M 2nd Quarter 2015
Yorkville Condos Average Price Per Square Foot The second quarter of 2015 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $843, up 14% from the first quarter’s $738.
Type Of Condo Unit
Average Sold Price Per Square Foot
1 Bedroom Condo
1 Bedroom Plus Den Condo
2 Bedroom Condo
2 Bedroom Plus Den Condo
3 Bedroom Or Larger
Yorkville Condos Sales Volume 95 condo units sold in the second quarter of 2015. Sales volume increased 46% from the first quarter when only 65 Yorkville condo apartments sold.
Yorkville Resale Condos Days On Market Comparison In this 2nd quarter it took 67 days to sell a Yorkville condo - 11 days longer than in the last quarter
Yorkville Condo Resale Values 2015 Second Quarter The average sold price for a condo is Yorkville is $1,332,752 up from the first quarter’s $1,094,327.