Toronto Real Estate Sales E02
The Beach Houses - 2015 2nd Quarter Report
Including: The Beaches, East End-Danforth and Woodbine Corridor
Detached Houses
|
The Beaches Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
121
|
|
|
101
|
|
+ 19.8%
|
|
Homes Average Price
|
|
$1,059,963
|
|
|
$1,025,271
|
|
+ 3.4%
|
|
New Listings
|
|
171
|
|
|
178
|
|
- 3.9%
|
|
Active Listings
|
|
95
|
|
|
114
|
|
- 16.7%
|
|
% of Sales Price to Listing Price
|
|
103.0%
|
|
|
101.3%
|
|
+ 1.7%
|
|
Days on Market
|
|
11
|
|
|
10
|
|
+ 10.0%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
East End-Danforth
|
32
|
$823,442
|
46
|
10
|
103.3%
|
|
The Beaches
|
66
|
$1,282,019
|
99
|
12
|
101.7%
|
|
Woodbine Corridor
|
23
|
$751,831
|
26
|
9
|
109.1%
|
Semi-detached Houses
|
The Beaches Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
110
|
|
|
124
|
|
- 11.3%
|
|
Homes Average Price
|
|
$798,052
|
|
|
$682,224
|
|
+ 17.0%
|
|
New Listings
|
|
149
|
|
|
160
|
|
- 6.9%
|
|
Active Listings
|
|
58
|
|
|
67
|
|
- 13.4%
|
|
% of Sales Price to Listing Price
|
|
107.6%
|
|
|
106.1%
|
|
+ 1.5%
|
|
Days on Market
|
|
8
|
|
|
9
|
|
- 11.1%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
East End-Danforth
|
38
|
$675,669
|
50
|
7
|
109.0%
|
|
The Beaches
|
56
|
$898,666
|
78
|
9
|
105.1%
|
|
Woodbine Corridor
|
16
|
$736,566
|
21
|
6
|
116.8%
|
Attached Houses (Freehold Townhouses)
|
The Beaches Toronto
|
|
2015
|
|
|
2014
|
|
Difference
|
|
House Sales
|
|
17
|
|
|
15
|
|
+ 13.3%
|
|
Homes Average Price
|
|
$648,441
|
|
|
$739,295
|
|
- 12.3%
|
|
New Listings
|
|
23
|
|
|
27
|
|
- 14.8%
|
|
Active Listings
|
|
8
|
|
|
19
|
|
- 57.9%
|
|
% of Sales Price to Listing Price
|
|
107.0%
|
|
|
102.9%
|
|
+ 4.1%
|
|
Days on Market
|
|
11
|
|
|
9
|
|
+ 22.2%
|
|
|
Sales
|
Average Price
|
New Listings
|
Days on Market
|
% Sold Price / List Price
|
|
East End-Danforth
|
8
|
$648,441
|
12
|
13
|
102.9%
|
|
The Beaches
|
5
|
$729,000
|
5
|
7
|
113.5%
|
|
Woodbine Corridor
|
4
|
$691,500
|
6
|
12
|
106.1%
|
Second quarter of 2015 was very busy in The Beach, East End-Danforth and Woodbine Corridor communities. 255 freehold houses were sold - that is double the number of homes sold in the first quarter. 153 of these were sold above asking, with the highest ratio of sold to listing price of 139%.
The busiest streets were: Scarborough Road, with 13 sales; Woodbine, with 10 sold houses, Kenilworth and Gerrard with 7 sold listings each; Willow, Kingswood and Bingham with 6 sales each; Bellefair, Firstbrook, Hannaford, Kingston, Silver Birch and Waverley with 5 sales each.
Sales of detached houses increased by almost 20% on a year-over-year basis, but the average sale price increased by a reasonable 3.4%. Sales of semi-detached homes dropped by 11.3%, but their average price increased by 17%. Average price of attached homes (townhouses) dropped by 12.3% - a result of a large number of lower price listings sold in the second quarter.
