Victoria Boscariol, Toronto Real Estate agent

 

Yorkville Toronto Condo Market Report
4TH Quarter 2015 Sold Prices Per Square Foot & Luxury Unit Sales  

2015 Yorkville Toronto Condos Sales Sold Prices Per Square Foot 4th Quarter Victoria Boscariol Chestnut Park Real EstateThe Yorkville Toronto Condo Market slows down with the Holiday Season 

• Average sold price per square foot was $846 down from last quarter’s $880
The average selling price for a Yorkville condo $975,682 down dramatically from the 3rd quarter’s $2,084,152. 
It took 51 days to sell a Yorkville condo - 3 days longer than in the last quarter

But one sales quarter does not a market make. Stay tuned for my Market Recap Report for 2015. 


Yorkville Luxury Condo Sales Over $2M

The 4th quarter is usually a quieter time due to the holiday season and affluent Buyers being away in warmer climates for extended periods. This quarter was no exception as sales volume was down with only 8 luxury units in Yorkville selling as compared to the 14 luxury suites that sold in the previous quarter. The average sold price was also down to $2,718,750 down from last quarter's $3,748,929.  Surprisingly, the average sold price per square foot in the luxury segment was actually up slightly to $1220 from last quarter's $1210.

This quarter’s 8 sales of luxury condos over $2M took place in six Yorkville condo buildings: 

Yorkville Luxury Condo Building 
Name & Address
# of Luxury Units Sold
Over $2.0M
3rd Quarter 2015
1 St. Thomas Street 1
Four Seasons Private Residences 50 Yorkville Avenue 2
The Florian 88 Davenport Road 1
The Hazelton Private Residences 118 Yorkville Avenue 1
Four Seasons Private Residences 55 Scollard St 1
The Prince Arthur 38 Avenue Road 2

 

Yorkville Condos Average Price Per Square Foot
The fourth quarter of 2015 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $846, down almost 4% from the previous quarter’s $880. 

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $853
1 Bedroom Plus Den Condo $689
2 Bedroom Condo $887
2 Bedroom Plus Den Condo $953

 

Yorkville Condos Sales Volume
46 condo units sold in the fourth quarter of 2015. This was a 23% decrease from the third quarter when 60 condo units sold. 

Yorkville Resale Condos Days On Market Comparison
It took a little longer for Yorkville condos to sell in the 4th quarter at 51 days compared to last quarter's 48 days.

Yorkville Condo Resale Values 2015 Fourth Quarter
The average sold price for a condo in Yorkville is $975,682 down dramatically from the third quarter’s $2,084,152.

Type Of Condo Unit # Sold Average 
Sold Price
% of List Average 
Number
Of Days
On Market
1 Bedroom Condo 6 $453,883 96 53
1 Bedroom Plus Den Condo 5 $672,378 97 56
2 Bedroom Condo 24 $1,125,875 98 41
2 Bedroom Plus Den Condo 11 $1,650,951 97 54

 

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

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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 ...

 

 

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