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
• 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
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
1 Bedroom Plus Den Condo
2 Bedroom Condo
2 Bedroom Plus Den Condo
3 Bedroom Or Larger
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.