We got a little stats-happy with the recently released third quarter condo report from the Toronto Real Estate Board after our curiosity led us to look into where the year-over-year sales spurt and price growth was happening on a neighbourhood level.
Reaching back to the Q3 2012 condo report, we figured out which districts were seeing the biggest booms in condo sales and prices. In terms of methodology, we eliminated any MLS district that saw fewer than 50 condos sales and then let the data do the rest.
Here are a few fast facts from our research:
- For year-over-year price growth for Toronto condos, the top three districts were all located in the west end (W04, W05 and W01). (Tweet this fact)
- C11, which encompasess Leaside, Thorncliffe Park and Flemingdon Park, saw 73.68% per cent sales growth for condos in Q3 2013. (Tweet this fact)
- Though W01 (High Park, Roncesvalles, South Parkdale) saw the largest drop in sales, the district saw prices go up by 10.78%. (Tweet this fact)
Feel free to play around with our interactive maps to see the full story.
Price growth by MLS Zone
Sales growth by MLS Zone
Price Growth by District
Sales Growth by District