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Beach Investing 1 Year Later – Episode #76

Thank you for all your support over the last year. I am really happy where this video blog is going. It’s created a lot of interest and I’ve had over 6000 views of my videos!!! This coming year will bring new and exciting video blogs with even more information for YOU guys!

SO….if you would have purchased a house in the Toronto Beaches community 1 year ago (when I first started this blog)…this is what would have happened:

In February 2011…19 houses sold and the average price on MLS in the Toronto Beaches community was $894,000 – 15 days on the market – 100.89% list to sale ratio

In February 2012…24 houses sold and the average price on MLS in the Toronto Beaches community was $913,000 – 10 days on the market – 103.54% list to sale ratio

That is approximately a 2.1% increase from last February (if we are just comparing February to February).
Here are the Market Statistics I wanted to share with you sourced from The Toronto Real Estate Board (TREB). This gives you a good comparison of how Toronto as a whole compares to these neighbourhoods during 2011.

Average House Price Comparison

Toronto
2010: $431,000
2011: $465,000
% Increase: 7.89%

Leslieville/Riverdale
2010: $485,000
2011: $545,000
% Increase: 12.37%

The Beach/Danforth
2010: $611,000
2011: $618,000
% Increase: 1.15%

East York
2010: $409,000
2011: $482,000
% Increase: 17.85%