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Victoria Boscariol, Toronto Real Estate agent

 

Yorkville Toronto Condo Market Report
Price Per Square Foot Sold Stats 2013 Second Quarter

Analyzing the sold stats for resale condos on the MLS for the second quarter of 2013 reveals the Yorkville Toronto condo market is on an upswing with overall increases in most sales categories.  Average sold price per square foot is $718 up 18% from $610 in the first quarter of 2013.  Average sold prices and sales volume also saw increases in comparison of year over year quarters.  Average sold price for a Yorkville condo increased 14% to $1,023,771 and sales volume was also up 18% from the second quarter of 2012.

Some of these increases may be accounted for by the resale of units in the new Four Seasons Hotel & Private Residences.  The Four Seasons luxury condominium development registered at the beginning of 2013 allowing unit owners to finally sell their units on the MLS system.  Prior to registration only the builder was permitted to sell units in this project.  Having the most expensive condo prices in Canada, the second quarter of 2013 saw condos in the new Four Seasons sell with an average sold price $1652 per square foot.  This is more than double the average sold price per square foot for a Yorkville condo.

Yorkville Condos Average Price Per Square Foot
The second quarter of 2013 resale stats for Yorkville Toronto condos reveals that the average sold price per square foot for a Yorkville condo was $718.

Type Of Condo Unit Average Sold Price
Per Square Foot
1 Bedroom Condo $652
1 Bedroom Plus Den Condo $598
2 Bedroom Condo $767
2 Bedroom Plus Den Condo $905
3 Bedroom Or Larger Condo $669

 

Yorkville Condo Sales Volume
52 condo units sold in the second quarter of 2013. This was up from the 35 units that sold in the first quarter of 2013.

Yorkville Resale Condos Days On Market Comparison
It took an average of 50 days for a Yorkville condo to sell in the second quarter of 2013 which is 8 days slower than the first quarter of 2013 when it took an average of 42 days to sell.

Yorkville Condo Resale Values 2013 Second Quarter

Type Of Condo Unit # Sold Average 
Sold Price
% of List Average 
Number
Of Days
On Market
1 Bedroom Condo 7 $515,557 97 51
1 Bedroom Plus Den Condo 9 $481,500 97 32
2 Bedroom Condo 20 $1,012,496 97 41
2 Bedroom Plus Den Condo 14 $1,714,300 92 38
3 Bedroom Or Larger Condo 2 $1,395,000 91 89


Yorkville Resale Condos Average Sold Price 
Comparison By Year Over Year Quarter
The average sold price for a condo in Yorkville in the second quarter of 2013 was $1,023,771 up 14% from last year's second quarter average sale price of $899,421.

Type Of Condo Unit 2013 2nd Quarter
Average Sold Price
2012 2nd Quarter
Average Sold Price
Difference
1 Bedroom Condo $515,557 $745,083 -31%
1 Bedroom Plus Den Condo $481,500 $641,100 -25%
2 Bedroom Condo $1,012,496 $1,075,247 -6%
2 Bedroom Plus Den Condo $1,714,300 $1,136,253 +51%

 

 

See more of the latest SOLD PRICES and SOLD STATS for Yorkville Condos Toronto

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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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