APRIL ESTEVES Sales Representative

APRIL ESTEVES Sales Representative

2022 - 2021 4th Quarter Real Estate Sales Report for Mimico, Long Branch, west-end Toronto

Mimico, New Toronto, Long Branch, Alderwood, West Toronto, Real Estate Stats, Houses, Homes, Condominiums, Condos, Lofts

 

Contact April Esteves

 

West end Toronto, Mimico, house, homes, detached, real estate West end Toronto, real estate, bungalow, detached


4th Quarter

2022

2021

 %
       

AVERAGE SOLD PRICE:

$1,257,835  $1,425,160 - 12 %

DAYS ON MARKET:

28

14

+ 50 %

% SOLD OF LIST PRICE:

96%

108%

- 12 %

SALES:

76

118

- 36 %

 

 

   

 

*The Toronto Regional Real Estate Board district "W06" includes Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood within this area.

 

  • The average sold price in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is down 12% from last year at this time
  • Days on market is up 50% from last year
  • % sold of list price is down 12% from last year
  • Number of sales are down 36% from last year

 

DETACHED

2022 

2021

 %
       

AVERAGE SOLD PRICE:

$1,269,398

$1,434,855

 - 12 %

% SOLD OF LIST PRICE:

96%

109%

 - 15 %

SALES:

59

84

 - 30 %

DAYS ON MARKET:

25

12

  55 %
  • The average sold price for a detached property in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is down 12% from last year
  • % sold of list price is down 15% from last year
  • Number of sales are down 30% from last year
  • Days on Market are up 55% from last year
 

SEMI-DETACHED

2022

2021

 %
       

AVERAGE SOLD PRICE:

$1,013,333

$1,263,667

- 20 %

% SOLD OF LIST PRICE:

96%

  110%

- 14 %

SALES:

3

12

 - 75 %

DAYS ON MARKET:

30

18

 67 %
  • The average sold price for a semi-detached in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is down 20% compared to this time last year
  • % sold of list price is down 14% from this time last year
  • Number of sales are down 75% from this time last year
  • Days on Market are up 67% from this time last year

 

CONDO APARTMENT

2022

2021

%
       

AVERAGE SOLD PRICE:

$755,011 

$757,012

 - 0%

% SOLD OF LIST PRICE:

98%

102 %

 - 6 %

SALES:

84

195

  - 57%

DAYS ON MARKET:

30

21

  + 43 %
  • The average sold price for a condo in the Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is the same from the same time last year
  • % sold of list price is down 6% from the same time as last year
  • Number of Sales are down 57% from last year at this time
  • Days on Market are up 43% from last year at this time

 

 

*Toronto Regional Real Estate Board Stats

 

The west end Toronto neighbourhoods of Mimico, New Toronto, Alderwood and Long Branch are still seeing strong demand for both houses, condos, lofts and townhouses. With changing real estate market conditions, this is still an ideal time to make the decision to invest in real estate or making a move up!

If you are considering Buying, Selling, or relocating to the Toronto area, for more info and insight into the Toronto Real Estate market: Click Here

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