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Condominiums Going
Under Agreement
thru 7/15/2010:
(MLS-PIN)
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Average $ per square Foot Quarterly
2nd
quarter closed thru 6/30 (3Q final): $693/sf.
3rd quarter thru 7/21: $722/sf
Top price 2009:
$3,650,000 for 45 Province 2901, a 2628 SF 2 bed 2
bath unit.
Top $ per SF 2009:
Same property at $1389 per SF
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Closed Units per Quarter
Closed, 2nd quarter (3Q final): 23 units.
The average selling price for the 2nd quarter '10 was
about 97.4% of last asking price
The average selling price for the 1st quarter '10 was
about 96.5% of last asking price
The average selling price for the 4th quarter '09 was
about 93.8% of last asking price
The average selling price for the 3rd quarter '09 was
about 95% of last asking price
The average selling price for the 2nd quarter '09 was
about 96.4% of last asking price
The average selling price for the 1st quarter '09 was
about 94.5% of last asking price
The average selling price for the 4th quarter '08 was
about 93.9% of last asking price
The average selling price for the 3rd quarter was
97.33% of last asking price
The average selling price for the 2nd quarter was
96.25% of last asking price
The average number of days on market for properties
sold in this area was about 208 for the 2nd quarter.
Once again, hard to say exactly, because the W is
not entering days-on-market info, nor is 45 Province. No number, then...not
reliable.
The average number of days on market for properties
sold in this area was about 92 for the 4th quarter.
The average number of days on market for properties
sold in this area was about 92 for the 4th quarter.
Hard to say exactly, because of preconstruction
time.
The
average number of days on market for properties sold
in this area was about 164 for the 2nd quarter,
including preconstruction time.
The average number of days on market for properties
sold in this area was about 95 for the 1st quarter
The average number of days on market for properties
sold in this area was about 74 for the 4th quarter.
The average number of days on market for properties
sold in this area was about 142 for the 3rd quarter.
The average number of days on market for properties
sold in this area was about 69 for the 2nd quarter.
The average number of days on market for properties
sold in this area was about 72 for the 1st quarter.
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Median Selling Price
2nd quarter thru
6/30 (3Q final): $650,000
3rd quarter thru 7/21: $707,500
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Under Agreement Absorption Rate
thru 7/15/10:
(MLS-PIN)
How much of the available inventory goes under
agreement each month?
Once again, this does not reflect the fact that
there are many available but not "listed" units at
45 Province and the W. If these were put into the
mix, there would actually be several years worth of
large, high end units available, and these
absorption rates would look miniscule.
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Number of Available Condominiums
The
number of available condos as of 7/21/10: 61.
This
does not include most of the new construction units
at 45 Province or the W. There are, however, 32 resales
available at the Ritz Towers, many more than usual.
Average days on market for available units as of
7/21/10: 163.
Includes preconstruction time for some 45 Province
and W
units.
Availability
is
very dependent upon the completion of large scale
construction and renovation projects, and to a
limited degree, the resale of those units.
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Average $ per Square Foot Yearly
Average $/SF for 2009: $771/SF
Highest price 2009:
$3,650,000 for 45 Province 2901, a 2628 SF 2 bed 2
bath unit.
Top $ per SF 2009:
Same property at $1389 per SF
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Condominiums Sold
per Year
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