Central Toronto REALTORS® reported 119 detached home sales through the Toronto MLS® in August 2023; and on average, these detached homes sold for $2,231,880.
Last year, in August 2022, Toronto MLS® reported 140 freehold detached home sales across Toronto – which is a 15% decrease in volume for this year. It was also reported that on average, freehold detached homes sold for $2,423,502 in August 2022 – and that’s a 8% decrease in sale prices for this August.
With respect to semi-detached homes… Central Toronto REALTORS® reported 98 semi-detached home sales in August 2023; and on average, these semi-detached homes sold for $1,417,215 last month.
That compares to 108 semi-detached home sales in August 2022 – which is a 9% decrease in volume for this year. But again, it was also reported that on average, semi-detached homes sold for $1,300,469 in August 2022 – and that’s an 9% increase in sale prices for this August.
With respect to condo sales, Central Toronto REALTORS® reported 618 condo sales in August 2023; and on average, these condos sold for $797,312 last month.
In August 2022, there were 631 condo sales – which is a 2% decrease in volume for this year. On average, these condos sold for $800,731 – and that’s a 0.4% decrease in sale prices for this August!
