Yorkville Toronto Condo Market Report
The 4th quarter average sold price per square foot of $740, is a 9.3% decrease from the third quarter's $860. The number of sales that occurred in fourth quarter was up almost 12% in comparison to the previous quarter.
Year over year comparison of quarters also reveals lower sold prices. The average sold price for a Yorkville condo in the 4th quarter of 2014 was $1,225,359 down 31% from this time last year when the average sold price was $1,607,710. The average sold price per square foot also decreased 10.3% from the fourth quarter of 2013 when it was $825 per square foot.
The number of Yorkville condos sold in the fourth quarter of 2014 was up 18.4% from the fourth quarter of 2013.
Year over year and quarter over quarter comparison of sales volumes indicates greater supply in the resale condo market and could be a contributing factor to the fall in prices.
Yorkville Luxury Condo Sales
The 9 sales of luxury condos in the 4th quarter of 2014 ranged in price from $2.1M-$4.425M and took place in seven Yorkville luxury condo buildings:
Yorkville Condos Average Price Per Square Foot
Yorkville Condo Sales Volume
Yorkville Resale Condos Days On Market Comparison
Yorkville Condo Resale Values 2014 Fourth Quarter
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 ...