LOIC DANIS

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Sutton Group Old Mill Realty Inc. Brokerage | Independently Owned + Operated. | 4237 Dundas St West |
Etobicoke ON | M8X 1Y3

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Market Update | February 2022

3/3/2022

 
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➕‘the numbers’ for February are in. A small year-over-year increase in new listings [+4% vs. Feb 2021] was not enough to lessen the competition between Toronto Buyers in February.  Double digit year-over-year price growth was experienced across all property segments, and inventory remains tight.

Of particular note, average price for detached homes in Toronto rose above $2 million and average price for condos rose above $800K, both new milestones for the Toronto Real Estate market.

All home-type segments recorded double-digit growth rates in the ‘416’ area code with increases in average selling prices for detached houses [+23%], semi-detached houses [+13%], townhouses[+24%] and condos [+21%]vs. 2021.
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Looking to buy or sell a home in Toronto?  Average prices in February were as follows:
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➕Detached  $2,073,989
➕Semi-detached  $1,499,489
➕Townhouse $1,131,809
➕ Condo $822,090
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    LOIC DANIS

    Loic Danis is a Toronto Real Estate Broker and Broker of Record/Owner of Sutton Group Old Mill Realty Inc. specializing in residential and investment real estate in Downtown Toronto, Etobicoke + West Toronto neighbourhoods including The Kingsway, Babypoint, Sunnylea, Swansea, Roncesvalles, High Park, Swansea, New Toronto, Mimico, Waterfront Communities, Yorkville, St. Lawrence Market, Bay Street Corridor and more! 

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LOIC DANIS
Broker of Record

Direct | 416-671-0300
Office  | 416-234-2424

Sutton Group Old Mill Realty Inc.
Independently Owned + Operated

CONTACT LOIC

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SUNNYLEA
MIMICO + NEW TORONTO
LONG BRANCH + ALDERWOOD
BLOOR WEST VILLAGE + BABYPOINT
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THE JUNCTION

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