Photo: paul bica/Flickr
Though the Toronto skyline may be famous for its high-rises and construction cranes, the outlying GTA suburbs aren’t exactly strangers to the condo life. We looked into the Toronto Real Estate Board’s fourth quarter numbers for 2012 and 2013 to see how condo sales and prices compare across the region.
Here’s what we found:
- Some suburbs saw big sales gains in 2013: Oakville moved up from 38 sales in 2012 to 64 in 2013, Markham sales rose from 103 to 171, Burlington increased from 25 to 48 and Brampton rose from 74 to 112.
- Outside of the 416, Mississauga counted 538 sales for the fourth quarter of 2013, the most of any community outside of Toronto (in 2012, the city recorded 460).
- For all of Toronto-proper, the average price for a condo was $381,008 in the fourth quarter of 2013.
- Comparable to 416 prices, the average price for an Oakville condo rose to $381,279 last quarter (though we’d hazard a guess that Oakville suites are typically larger).
For more details, check out our interactive map of the GTA condo landscape: