The Toronto Real Estate Board released the July 2009 statistics for the GTA and it is another record month for the second month in a row.
The number of sales for the month of July was 9,967 in the GTA compared to 7,806 in July of 2008, representing a 28% increase.
The number of days on the market decreased from 33 in 2008 to 31 in 2009.
In the Central District of Toronto in July 2009, the average price was $499,201 and the median price was $363,950. The average percent to list came in at 99%. The average number of days on the market was 25 days compared to the GTA average of 31 days.
Overall, over $890 Million worth of real estate traded in the central core of Toronto during the month of July.
