Victoria Boscariol, Toronto Real Estate agent

 

Yorkville Toronto Condo Market Report
Sold Prices Per Square Foot & Unit Sales 
2015 First Quarter


2015 Yorkville Toronto Condos Unit Sales Solds Prices Per Square Foot 1st Quarter Victoria Boscariol Chestnut Park Real EstateThe first quarter of 2015 marked the second quarter in a row in which sold prices for Yorkville resale condos declined.  The average selling price for a Yorkville condo was $1,094,327 down 10% from $1,225,359 in the fourth quarter of 2014.

The first quarter average sold price per square foot of $738, was down ever so slightly from the previous quarter's $740.  However the number of sales that occurred in first quarter was up 12% from the last quarter.

Year over year comparison of quarters also reveals lower sold prices.  This time last year the average sold price for a Yorkville condo was $1,145,501 and it took 50 days to sell. $794 was the average sold price per square foot and only 41 units sold in this quarter.

Longer days on market and increasing sales volume are indicators that there is greater supply in the marketplace which is putting downward pressure on prices.  Greater choice of units and lower prices is good news for buyers of Yorkville condos.  

Yorkville Luxury Condo Sales

In analyzing the condos that sold over $2 million, the average sold price per square foot was $950 down from $1178 in the previous quarter.  Average sold price for a Yorkville luxury condo was $2.925M also down from $3.123M in last quarter.

5 luxury condo suites sold above $2.0M in the first quarter of 2015 which was down from the previous quarter in which there were 9 sales. In the luxury market, suite sales this time of year tend to be slower with buyers being away in warmer climates. 

These 5 sales of luxury condos ranged in price from $2.25M to $3.498M and took place in five Yorkville condo buildings:

100 Yorkville Ave
The Florian 88 Davenport Road
238 Davenport Road
99 Avenue Road
110 Bloor Street West 

Yorkville Condos Average Price Per Square Foot
The first quarter of 2015 resale stats for Yorkville Toronto condos reveals that the average sold price per square foot for a Yorkville condo was $738, very similar to last quarter's average price per square foot of $740.

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $675
1 Bedroom Plus Den Condo $703
2 Bedroom Condo $781
2 Bedroom Plus Den Condo $716
3 Bedroom Or Larger $814

 

Yorkville Condo Sales Volume
65 condo units sold in the first quarter of 2015. Sales volume increased 12% from the previous quarter when 58 Yorkville condo apartments sold.

Yorkville Resale Condos Days On Market Comparison
It took an average of 56 days for a Yorkville condo to sell in the first quarter of 2015 which was 9 days longer than the last quarter of 2014 when it took an average of 47 days.

Yorkville Condo Resale Values 2015 First Quarter
The average sold price for a condo in Yorkville is $1,094,327 down from the previous quarter's $1,225,359.

Type Of Condo Unit # Sold Average 
Sold Price
% of List Average 
Number
Of Days
On Market
1 Bedroom Condo 8 $521,313 98 70
1 Bedroom Plus Den Condo 15 $520,757 98 22
2 Bedroom Condo 30 $1,049,400 97 63
2 Bedroom Plus Den Condo 6 $1,132,667 96 25
3 Bedroom Or Larger 6 $2,247,500 96 100

See more of the latest SOLD PRICES and SOLD STATS for Yorkville Condos Toronto

See the latest Sales for Yorkville Toronto Condos by Building Address

Thinking Of Selling Your Yorkville Luxury Condo?  Contact Victoria

See MLS LISTINGS for Yorkville Toronto condos

Moving To Yorkville? Find Out More About The Toronto Neighbourhood Where Uptown Meets Downtown

Buying A Yorkville Toronto Condo? What you need to know before you buy in Yorkville

Renting Vs Buying A Yorkville Toronto Condo. Which is the better option?

See the most comprehensive GUIDE to Yorkville Toronto Condos

See Yorkville Toronto Condos Luxury Boutique Buildings of under 50 Suites

See Yorkville Toronto Condos Pet Friendly Buildings

See Yorkville Toronto Condo Buildings With 3 Bedroom Suites

See the latest Yorkville Toronto New Condos Under Construction

See the latest Yorkville Toronto Pre Construction Condos

See the latest condo projects Planned & Proposed for Yorkville Toronto

See the latest news on Yorkville Toronto Condos New Releases

Investing in New & Pre-construction Condos in Yorkville & Downtown Toronto?
How to get the Maximum Return On Investment

Buying a NEW CONSTRUCTION condo in Yorkville? What you need to know BEFORE you visit the sales office

Toronto Condo Checklist What you need to ask BEFORE you buy

Read about buying a condo in Toronto and TAXES that may apply

The History of the Village of Yorkville

See Yorkville Toronto Schools & Daycares with Quality Rankings & Reviews

Questions about Yorkville Toronto condos?

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 ...

adminlistingsprivacy policycontactsite map
Chestnut Park Real Estate Limited Brokerage, independently owned & operated
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
Copyright © 2002-2018. All rights reserved.
Real Estate Website Design by Lone Wolf Technologies.
Lone Wolf Technologies