Yorkville Toronto Condo Market Report Sold Prices Per Square Foot & Unit Sales 2015 First Quarter
The first quarter of 2015 marked the second quarter in a row in which sold prices for Yorkville resale condos declined. The average selling price for a Yorkville condo was $1,094,327 down 10% from $1,225,359 in the fourth quarter of 2014.
The first quarter average sold price per square foot of $738, was down ever so slightly from the previous quarter's $740. However the number of sales that occurred in first quarter was up 12% from the last quarter.
Year over year comparison of quarters also reveals lower sold prices. This time last year the average sold price for a Yorkville condo was $1,145,501 and it took 50 days to sell. $794 was the average sold price per square foot and only 41 units sold in this quarter.
Longer days on market and increasing sales volume are indicators that there is greater supply in the marketplace which is putting downward pressure on prices. Greater choice of units and lower prices is good news for buyers of Yorkville condos.
Yorkville Luxury Condo Sales
In analyzing the condos that sold over $2 million, the average sold price per square foot was $950 down from $1178 in the previous quarter. Average sold price for a Yorkville luxury condo was $2.925M also down from $3.123M in last quarter.
5 luxury condo suites sold above $2.0M in the first quarter of 2015 which was down from the previous quarter in which there were 9 sales. In the luxury market, suite sales this time of year tend to be slower with buyers being away in warmer climates.
These 5 sales of luxury condos ranged in price from $2.25M to $3.498M and took place in five Yorkville condo buildings:
Yorkville Condos Average Price Per Square Foot The first quarter of 2015 resale stats for Yorkville Toronto condos reveals that the average sold price per square foot for a Yorkville condo was $738, very similar to last quarter's average price per square foot of $740.
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
3 Bedroom Or Larger
Yorkville Condo Sales Volume 65 condo units sold in the first quarter of 2015. Sales volume increased 12% from the previous quarter when 58 Yorkville condo apartments sold.
Yorkville Resale Condos Days On Market Comparison It took an average of 56 days for a Yorkville condo to sell in the first quarter of 2015 which was 9 days longer than the last quarter of 2014 when it took an average of 47 days.
Yorkville Condo Resale Values 2015 First Quarter The average sold price for a condo in Yorkville is $1,094,327 down from the previous quarter's $1,225,359.
Chestnut Park Real Estate Limited Brokerage, independently owned & operated
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other
reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping",
"database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information provided by members of The Canadian Real Estate Association, who are responsible for
its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or sales person who is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real
Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules and the
REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are
members of CREA.
The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the
purchase, sale and lease of real estate as part of a cooperative selling system. Canadian Real Estate Association Last Updated: 4/20/2019 11:18:38 AM