Yorkville Toronto Condo Market Report 4TH Quarter 2015 Sold Prices Per Square Foot & Luxury Unit Sales
The 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
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
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
1 Bedroom Plus Den Condo
2 Bedroom Condo
2 Bedroom Plus Den Condo
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.