Etobicokes November Real Estate Market

November Sales Stats What you need to know to make the right decision for you!
Home Sales are Down 50%
In the 416 area, 1,523 transactions took place last month, from 3,426 sales recorded in November 2007. From a year-to-date perspective, there have been 28,806 sales in the 416 area this year, from 36,804 transactions a year ago.

Home prices are down 10%

In the 416 area, last month’s average price was $390,225, from $433,859 noted in November 2007.

Its Taking Longer to sell and theres Lots to buy from!
The average number of days a home currently remains on the market in the GTA is 41, from an average of 32 days last November. There are currently 27,037 homes listed on the Toronto MLS system compared to 18,309 available properties in November 2007.

Whether you have to sell or are trading up or down or buying for the first time these facts will help you make an informed decision. You are unique however and if you would like a more personal analysis of your situation let me help you.



For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com