The year has started strong in favour of sellers. More sales with less new listings compared to a year ago created a strong push upwards in average home prices across the GTA.
From West to East, here are the average home prices and percentage changes from the same month of previous year:
Mississauga $ 887,218 + 24.5%
Toronto $ 989,218 + 17.7%
Pickering $ 739,512 + 15.8%
Ajax $ 731,059 + 12.3%
Whitby $ 721,382 + 16.2%
Oshawa $ 573,229 + 19.0%
Clarington $ 621,033 + 13.4%
These statistics are based on data provided by the Toronto Regional Real Estate Board MLS® sales for all home types within each municipality. For specific information about your neighbourhood and home type, contact me and I’ll be happy to provide you with a customized market update. I can also provide a free home valuation if you are wondering what your home is worth.
If you have any questions, let me know.