Etobicoke Homes for Sale
  Re/Max Realty Specialists Inc., Brokerage
Independently Owned and Operated
   
 
david@davidpylyp.com
416 233 9000
 
 
 
 
Buyers Owners
 
West Toronto Listing to Sales Ratio

When we compare the number of Listings available in a current month vs the number of listings sold, we can conclude a ratio of Listings to Solds and How many months of inventory (Homes) are on the market.

This allows us to best optimize, how we can negotiate on your behalf to get the best possible deal.  

 

shoptoism, luxury homes for sale Toronto

 

Month 

Listings 

Solds 

Ratio 

 

     
Jun 09 7,310 4,097 56.04
Jul 09 6,697  3,761   56.15

Aug 9

6,199

3,067

 49.47
Sept09 6,148 3,108  50.55
Oct 09 5,626 3,180  56.52
Nov 09 5,244 2,902 55.33
Dec 09 4,045 2,110 52.13
Jan 10 4,614 1,979 42.89

Feb 10

5,603

2753

49.13

Mar 10

7,052

4,054

57.35

Apr 10 8,355 4,271 51.12

May10

9,153

3,635

39.82

Jun 10

8,774

3,188

 36.33

Jul 10

7,972

 

 2,555

32.04

Aug 10

 

7,273

 

 

 2,355

 

 

 32.38 

 

Sep 10

7,500

 

2,449

 

 

 32.65

Oct 10

6,750

 

2,470

 

 

 36.59

 

Nov 10 5,883 2,342 39.80

 

Toronto Is THE place to Be.

In November 2010 there were 6,510 sales for the month.

Although this is a bit slower than last year, these are very strong numbers. The number of homes for sale has dropped dramatically and we’re down to only 15,K units right now. In the GTA as a whole, we currently have less than 2 ½ month’s supply of homes for sale. This is still considered a “Seller’s Market”.

The West end as a whole? 5883 listings with 2342 selling. In the millionaires Row of housing in Etobicoke there were 196 available with 94 selling. Bare in mind that the higher the price, the fewer the customers.  In W06 Humber Bay Shore That’s  Marina Del Ray though Palace Pier along the Lake Shore Marine Parade Dr., there were only 120 new listings with 84 sales.. Imagine  Only 84 sold.


The question I get asked most often, “What do you think will happen next year?” In Canada and in Toronto specifically, yes, we still have a very sound economy. We are not experiencing the melt down they are in the U.S. If someone were to be looking for a safe place to invest in real estate, Toronto would come right to top of mind. I believe our real estate market will remain very stable in 2011.

It will be a great year for anyone to get into home ownership or make that move “up” or “down” as their lifestyles may require.    There are many shoppers out there. Rates continue to be low. Our employment rate is at 7.6% effective today...  Whats holding you back? My job is to fill your families housing needs.  What do you Need? You have questions I have answers  Lets talk.  647  218 2414

 

I will continue to update this Listings to Sales ratio in coming months

Follow me on Twitter.com/davidpylyp

Professional and persistent in getting things done.

 

 

 
 


  © DAVID PYLYP of Re/Max Realty Specialists Inc., Brokerage
Independently Owned and Operated
 
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