Adam Saunders at Bosley Real Estate Ltd.
276 Merton Street M4S1A9 Toronto, ON, Canada

5 July 2020 Toronto MLS sales comparison between May 2020 and May 2019, using the average sale price by MLS Zone for "detached" houses by MLS Zone. Included are sales-volumes by MLS Zone for the months of May 2020 and 2019.

A comparison between TRREB MLS Sales between; 1 April 2019 - 17 April 2019, AND, 1 April 2020 - 17 April 2020. Using a cross-section of Toronto covering a wide demographic with the following MLS search criteria;... -3 bedroom, detached, 1 kitchen, 2 washrooms, forced air, central air conditioning. -SOLD date between 1 Apr - 17 Apr in 2019 and 2020. 2019 - 90 sales for averages as follows; Sale Price = $1,377,152. Days on Market = 12. MPAC tax value = $5431. 2020 - 24 sales for averages as follows; Sale Price = $1,183,158. Days on Market = 12. MPAC tax rate = $5031. Conclusion - It doesn't come as a surprise that there are fewer houses on the market since the beginning of April 2020 compared to 2019 while we have all been immersed in COVID-19 isolation. Purchase prices seem to have dropped 10% or so, however MPAC values indicate houses listed are not as "valuable" as those listed a year ago. The concept of supply and demand will prevail and properties will maintain value. Data source: Toronto Regional Real Estate Board (TRREB)

Here is a sampling of Real Estate sales in Toronto, comparing sales between 9 March 2019 - 9 April 2019 to sales between 9 March 2020 - 9 April 2020. The criteria is; The broader central Toronto, ALL detached, 3 bedroom houses in the area EAST of Royal York Rd, SOUTH of Lawrence Ave and WEST of Bayview Ave to the shore of Lake Ontario. MLS Zones are indicated on the map. The 59 "Pink dots" represent sales in the 2020 window, and the 72 "yellow dots" represent the 2019 window ...of sales. Two graphics show the statistics, and the map shows locations, sales year and SOLD prices. Sales between 9 March 2020 - 9 April 2020 numbered 59 in this time frame, with an average of 10 days on the market prior to sale, and an average sale price of $1,436,733 which averaged 109% of the asking price. This is a growth of 5.7% over last year. This is based on a random sampling provided by the Toronto Real Estate Board MLS. As a comparison, sales between 9 March 2019 - 9 April 2019 numbered 72 in this time frame, with an average of 16 days on the market prior to sale, and an average sale price of $1,359,013 which averaged 103% of the asking price. Lets see where the market goes over the new few months. The basic principle remains - SUPPLY AND DEMAND, despite uncertainty. Note; In the 2020 window there were 6 suspended listings and 19 terminated one's, whereas in the 2019 widow there was 1 suspended and 13 terminated listings. Stay safe everyone. Happy Easter and Passover and whatever family time you have.

February 2019 TREB Sales vs February 2018 TREB Sales. Volume compared against average Sold price by MLS Zone. http://www.adamsaunders.biz/misc2019/feb19_compare.html

September 2018 Sales vs September 2017 Sales. Volume compared against average Sold price by MLS Zone. http://www.adamsaunders.biz/misc2018/sept2018.html

http://www.adamsaunders.biz/misc2018/may2018.html

March 2018 Detached Sales compared against March 2017 Sales, with volume by MLS Zone. Legend shows blue-red = cold-hot. Cold being a drop in average SOLD price over 2017, and RED being an increase in SOLD price over 2017. Questions or discussion to Adam Saunders.

For those of you tracking the Toronto Real Estate Market, February 2018 has been an "odd" month, in comparison to last February. Please contact me if you would like to know more. Enjoy the graphic. http://www.adamsaunders.biz/misc2018/feb2018.html

Detached House Sales and Volume in January 2018 compared against January 2017. http://www.adamsaunders.biz/misc2018/jan2018.html

2017 Summary of Sales Volume by MLS Zone http://www.adamsaunders.biz/misc2018/volume_MLS.html

Information about the 2017 NORTH TORONTO Real Estate Market with 2017 Sales summaries. http://adamsaunders.biz/resource.html

At the link are a few maps of total sales from 2017 showing houses which SOLD for $4.5 mil plus in Toronto by MLS zone. Take a look. http://www.adamsaunders.biz/misc2018/index.html

2017 Annual Sales Report http://adamsaunders.biz/