For Further Information: 443-8152
Prices Inch Upward in September
The President went on to say that last month's 4,818 sales were the best numbers we've ever seen in September. "Barring unforeseen mishaps, we expect the good news to just keep coming."
Breaking down the total 1,854 sales were reported in TREB's 28 West districts and averaged $214,328; 736 sales were reported in the 14 Central districts and averaged $319,797; 927 sales were reported in the 23 North districts and averaged $244,869; and 1,301 sales were reported in TREB's 21 East districts and averaged $185,131.
The Cabbagetown (Don Vale) market experienced a substantial improvement in September 1999 over the same month last year. The 11 sales of freehold properties (detached, semi-detached, and row-house) was almost triple the number recorded in September '98. At $429,318, the average price of these homes was up 31%, and the average time-on-market clocked in at 25 days, half last years figure and substantially better than the city-wide average of 44 days.
Single-Family Residential Breakdown
* Single-Family Dwellings Only
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