2018 Yorkville Luxury Condo Market Report For Suite Sales Over $2M
3rd Quarter Sold Prices Per Square Foot & Historical Data
Sold Prices For Yorkville Luxury Condos Rise As Inventory Dries Up
The average sold price for a Yorkville luxury condo was $3,113,600. This is up 6% from last quarter's average sold price of $2,935,967.
The average sold price per square foot for a luxury condo was $1,415/sf - a 12.8% increase from last quarter's $1,255.
Buyers had less choice in the third quarter as there were 22% less luxury condo units for sale than in the second quarter.
It took 4 days longer to sell a luxury condo as compared to the previous quarter. When coupled with rising sold prices this indicates Sellers are willing wait for the right higher priced offer before they sell.
In the 3rd quarter, 15 suites sold over $2 Million in Yorkville which is the exact same number that sold in the previous quarter.
While no units sold over the $5M mark, the highest sold price achieved in the 3rd quarter was $4.995M and took place atFour Seasons Private Residences. However, this sale broke the $2000 per square foot barrier coming in at a whopping $2,026/sq ft.
2018 Yorkville Luxury Condo Sales Over $2M Sold Statistics 2018 QUARTER COMPARISON
2018 Quarter Comparison
2018 3RD Q
2018 2ND Q
2018 1ST Q
Average Sold Price
Average Sold Price/SQ FT
Number Of Units Sold
Number Of Days On Market
Number Of New Listings
Number Of Active Listings
2018 THIRD Quarter Yorkville Luxury Condo Sales Over $2M Historic Unit Sales Data By Building Address
Victoria Boscariolis a real estate agent in Toronto Canada with Chestnut Park Real Estate Limited Brokerage. With over 20 years experience, Victoria has been helping people successfully buy and sell condos and houses in Yorkville and downtown Toronto. As a Certified International Property Specialist (CIPS) she has worked with Buyers from around the world moving to Toronto from China, Russia, Brazil, India, South Africa, United Arab Emirates, Jordan, Cyprus, Italy, Germany, The United Kingdom, Australia and the United States.