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February 2019 Market Stats for Caledon & Toronto West


February 2019 Market Stats for Caledon & Toronto West

by Jeff Belisowski with 0 Comments in March 7, 2019 In Category: Caledon Real Estate Market Stats | real estate advice
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The Toronto Real Estate Board (TREB) has published the February 2019 Housing Market Statistics. From the compiled data posted I would like to show you some highlights from Caledon & Toronto West.

Peel: Caledon Market Highlights

  • The number of active listings in Caledon increased by 11.00% in February 2019 over the same month in 2018.
  • The number of listings that came on the Toronto Board in February 2019 vs. February 2018 increased by 1 home or 0.81%.
  • The number of homes sold decreased by 14 homes or 24.14%.
  • The average days on the market increased by 8 days. Average sale prices were down by 15.96%.

February 2019 statistics for the Caledon Real Estate Market

Year to Date 2019 vs. Year to Date 2018 for Caledon

  • The number of homes listed in Caledon, year-to-date decreased from 241 to 240, which is a decrease of 0.41%.
  • The number of homes sold decreased by 20 homes or 18.87%. The average days on market increased from 33 to 40 days. Average sale prices were down by 12.23%.

Highlights for Toronto West

  • The average sale price of homes in Toronto West went up by 1.55% to $714,965.
  • The number of sales (year-to-date) decreased slightly by 6.26% to 929 sales.
  • The average days on the market (year-to-date) is 25 days – a decrease by 7.41%.
  • The total number of active residential listings is 1090 up by 10.44%
  • The total number of properties sold in the month of February was 518.

Lastly, there is currently two months of inventory on the market in Toronto West. In a buyers market, there’s normally more than six months worth of inventory.

February statistics for the Toronto West Real Estate Market have been published, here are some highlights!

View historical data for:

If you have any questions about the statistics or want to discuss your real estate needs, let’s set up a time to chat.

 

Jeff Belisowski
jbelisowski@royallepage.ca
Office: 905-857-0651
Cell: 647-992-6262

Not intended to solicit properties currently listed for sale or buyers under contract.
#realestate #realestatetips #realestateadvice
#realestatebolton #bolton #caledon



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