APRIL ESTEVES Sales Representative

APRIL ESTEVES Sales Representative

2022 - 2021 1st 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


1st Quarter

2022

2021

 %
       

AVERAGE SOLD PRICE:

$1,694,011  $1,394,168 21%

DAYS ON MARKET:

14

15

- 6%

% SOLD OF LIST PRICE:

115%

107%

8%

SALES:

99

155

-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 up 21% from last year at this time
  • Days on market is down 6% from last year
  • % sold of list price is up 8% from last year
  • Number of sales are down 36% from last year

 

DETACHED

2022 

2021

 %
       

AVERAGE SOLD PRICE:

$1,728,836

$1,453,383

19%

% SOLD OF LIST PRICE:

117%

107%

10 %

SALES:

73

114

-36%

DAYS ON MARKET:

12

17

-29%
  • The average sold price for a detached property in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is up 19% from last year
  • % sold of list price is up 10% from last year
  • Number of sales are down 36% from last year
  • Days on Market are down 29% from last year
 

SEMI-DETACHED

2021

2020

 %
       

AVERAGE SOLD PRICE:

$1,347,000

$1,199,157

12%

% SOLD OF LIST PRICE:

124%

  106%

18%

SALES:

5

21

- 76%

DAYS ON MARKET:

7

13

- 46%
  • The average sold price for a semi-detached in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is up 12% compared to this time last year
  • % sold of list price is up 18% from this time last year
  • Number of sales are down 76% from this time last year
  • Days on Market are down 46% from time last year

 

CONDO APARTMENT

2022

2021

%
       

AVERAGE SOLD PRICE:

$871,175 

$718,103

 21%

% SOLD OF LIST PRICE:

108%

104%

4%

SALES:

333

435

- 23%

DAYS ON MARKET:

16

19

- 16%
  • The average sold price for a condo in the Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is up 21% from the same time last year
  • % sold of list price is up 4%  from this time last year
  • Number of Sales are down 23% from last year at this time
  • Days on Market are down 16% 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. Interest rates are still record low, making this 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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