Yorkville Toronto Condo Market Report

3rd Quarter 2017 Sold Prices Per Square Foot & Luxury Unit Sales

Yorkville Condo Sales - sold price per square foot inches higher to $1152Yorkville Condos Sales Units Sold Price Per Square Foot 2017 Third Q Victoria Boscariol Chestnut Park Real Estate

The average selling price for a Yorkville condo this quarter was $1.375M down 20% from the previous quarter’s $1.725M
• Average sold price per square foot was $1152 up from last quarter’s $1137
• It took 37 days on average for a Yorkville condo to sell; 4 days longer than in the previous quarter.

Yorkville Luxury Condo Sales Over $2 Million

The 3rd quarter of 2017 had only 9 suite sales over $2 million as compared to the previous quarter when 23 units sold. The average sold price of a luxury condo was $3,348,100.  This is slightly up  from the previous quarter's average sold price of $3,320,962.  

In Yorkville, $1,319 is now the average sold price per square foot for a luxury condo priced over $2M.

Sales of Yorkville luxury condo units sped up in the 3rd quarter as it took only 38 days for a luxury suite to sell; 8 days fast than in the previous quarter.

Interestingly, there was 1 luxury unit that sold that sold over the $5 Million mark.

This quarter’s 9 sales of luxury condos took place in seven Yorkville condo buildings: 

Yorkville Luxury Condo Building 
Name & Address
# of Luxury Units Sold
Over $2.0M
3rd Quarter 2017
The Florian 88 Davenport Rd 1
Four Seasons Private Residences 50 Yorkville Ave 2
1 Bedford Rd 1
80 Yorkville Ave 1
110 Bloor St West 2
Renaissance Plaza 175 Cumberland St 1
Yorkville Plaza 155 Yorkville Ave 1

 

Yorkville Condos Average Price Per Square Foot
The third quarter of 2017 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $1152; up only slightly from the previous quarter’s $1137. 

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $1,103
1 Bedroom Plus Den Condo $1,103
2 Bedroom Condo $1,174
2 Bedroom Plus Den Condo $1,297
3 Bedroom Or Larger $1,082

 

Yorkville Condos Sales Volume
103 condo units sold in the third quarter of 2017 which was 13 units less than in the previous quarter.

Yorkville Resale Condos Days On Market Comparison
It took 37 days for a Yorkville condo to sell in the 3rd quarter; 4 days longer than in the previous quarter.

Yorkville Condo Resale Values 2017 Third Quarter
The average selling price for a Yorkville condo was $1,375,014; down 20% from the 2nd quarter’s $1,724,723. 

Type Of Condo Unit # Sold Average 
Sold Price
% of List Average 
Number
Of Days
On Market
1 Bedroom Condo 30 $716,230 98 38
1 Bedroom Plus Den Condo 24 $698,928 98 28
2 Bedroom Condo 29 $1,116,606 98 33
2 Bedroom Plus Den Condo 13 $1,740,447 99 46
3 Bedroom Or Larger 7 $2,602,857 95 39

 

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Thinking Of Selling Your Yorkville Luxury Condo?  Contact Victoria

There is always a healthy supply of condominium units available for sale in the Yorkville area. However, the best suites, the units with the great floor plans, clear views and in the good buildings sell right away. Top valued condos sell within days and if you want the opportunity ...