The Toronto Real Estate Board released the August 2009 statistics for the GTA. The number of sales for the month of August was 8,035 in the GTA compared to 6,318 in August of 2008, representing a 27% increase.
The number of days on the market decreased from 36 in 2008 to 30 in 2009.
In the Central District of Toronto in August 2009, the average price was $472,648 and the median price was $360,000. The average percent to list came in at 99%. The average number of days on the market was 26 days compared to the GTA average of 30 days.
Overall, over $658 Million worth of real estate traded in the central core of Toronto during the month of August.
Source: The Toronto Real Estate Board
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