The Toronto Real Estate Board released the March 2010 statistics for the GTA. The number of sales for the month of March was 10,341 in the GTA compared to 6,171 in March of 2009, representing a 69% increase.
The number of days on the market decreased from 40 in 2009 to 20 in 2010 – a 50% change.
In the Central District of Toronto in March 2010, the average price was $566,447 and the median price was $399,900. The average percent to list came in at 101%. The average number of days on the market was 18 days compared to the GTA average of 20 days.
Overall, over $1,053 Million worth of real estate traded in the central core of Toronto during the month of March.
Source: Toronto Real Estate Board
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