The Toronto Real Estate Board released the June 2009 statistics for the GTA and it is the BEST JUNE ON RECORD.
The number of sales for the month of June was 10,955 in the GTA compared to 8,600 in June of 2008, representing a 27% increase.
The number of days on the market decreased from 34 in 2008 to 33 in 2009.
In the Central District of Toronto in June 2009, the average price was $518,423 and the median price was $379,900. The average percent to list came in at 98%. The average number of days on the market was 29 days compared to the GTA average of 33 days.
Overall, over $1,062 Million worth of real estate traded in the central core of Toronto during the month of June.
