Victoria Boscariol, Toronto Real Estate agent

 

Yorkville Toronto Condo Market Report
1ST Quarter 2017 Sold Prices Per Square Foot & Luxury Unit Sales 


Lack Of Supply Accelerates Yorkville Toronto Condo Market  
To Even Higher Sale Prices & Faster Sales Yorkville Toronto Condos Unit Sales Sold Prices Per Square Foot 2017 First Quarter Victoria Boscariol Chestnut Park Real Estate

The average selling price for a Yorkville condo this quarter was $1,512,740 up from the previous quarter’s $1,343,460.
• Average sold price per square foot was $1069 up from last quarter’s $976
• It took 25 days on average for a Yorkville condo to sell; 12 days faster than in the previous quarter.

Yorkville Luxury Condo Sales Over $2M

The 1st quarter of 2017 had only 7 suite sales over $2 million as compared to the previous quarter when 19 units sold. The average sold price of a luxury condo was $4,131,714.  This is up over 36% from the previous quarter average sold price of $3,067,369.  

In Yorkville, $1,482 is now the average sold price per square foot for a luxury condo priced over $2M.

The Yorkville luxury condo market accelerated in the 1st quarter as it took only 28 days for a luxury suite to sell; 22 days faster than in the previous quarter.

There were 2 units that sold over the $5M mark which helped to raise the sale values significantly for Yorkville luxury condos in this quarter.

This quarter’s 7 sales of luxury condos took place in six Yorkville condo buildings: 

Yorkville Luxury Condo Building 
Name & Address
# of Luxury Units Sold
Over $2.0M
1st Quarter 2017
The Four Seasons Private Residences 50 Yorkville Ave 2
The Four Seasons Private Residences 55 Scollard St 1
155 Cumberland St 1
277 Davenport Rd 1
Pears On The Avenue 170 Avenue Rd  1 
The Regency 68 Yorkville Ave  1 

 

Yorkville Condos Average Price Per Square Foot
The first quarter of 2017 sold stats for Yorkville resale condos reveals that the average sold price per square foot for a Yorkville condo was $1069; up 9.5% from the previous quarter’s $976. 

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $972
1 Bedroom Plus Den Condo $950
2 Bedroom Condo $998
2 Bedroom Plus Den Condo $1224
3 Bedroom Or Larger $1202

 

Yorkville Condos Sales Volume
85 condo units sold in the first quarter of 2017 which was 7 units less than in the previous quarter.

Yorkville Resale Condos Days On Market Comparison
It took 25 days for a Yorkville condo to sell in the 1st quarter; 12 days faster than in the previous quarter.

Yorkville Condo Resale Values 2017 First Quarter
The average selling price for a Yorkville condo was $1,512,740; up almost 13% from the 4th quarter’s $1,343,460. 

Type Of Condo Unit # Sold Average 
Sold Price
% of List Average 
Number
Of Days
On Market
1 Bedroom Condo 20 $581,440 101 14
1 Bedroom Plus Den Condo 11 $722,282 110 19
2 Bedroom Condo 38 $999,826 101 25
2 Bedroom Plus Den Condo 10 $2,008,000 99 26
3 Bedroom Or Larger 6 $3,251,750 97 42

 

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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