GTA Market Stats for December 2016

15 January 2017
Life and the City

Here’s a summary of the significant real estate milestones from December and year-end 2016…

  • Second highest ever number of overall sales for the month of December
  • Highest ever December ratio of sales-to-listings for the market overall AND for the downtown condo markets
  • Active listings were down to their lowest ever for the month of December
  • Most condo sales ever for the month of December
  • 17.3% average sale price increase from 2015 average
  • Highest ever 113,133 total sales in 2016 – up by 11.8% from last year 
  • Ratio of sales-to-listings has been the highest ever too - overall market 112.5% vs 54.1% in 2015, however the downtown condo market saw dramatic increases as well…
  • District C01 saw a 101.9% increase this year vs 29.9% in 2015, and C01 came in at 76.6% vs 46.5% last year

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Take a look at the infographics below to discover overall market stats, as well as stats for districts throughout the GTA, and watch the video at the bottom of this post for even more insight. This interactive map identifies the area that each district covers. Feel free to reach out to us if you have any questions regarding these stats, or if you want to learn more about current stats in your own neighbourhood!

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All Districts

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Downtown Condos

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North-Central Districts

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South-Central Districts

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East Districts

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York Districts

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Watch RE/MAX Hallmark's December 2016 Toronto Market Report: