Record number of Yorkville Toronto luxury condos sold in 2013 4thQ boosting sold price per square foot to $825

Yorkville Toronto Condo Market Report
Price Per Square Foot Sold Stats 2013 Fourth Quarter

The Yorkville Toronto condo market continues to see increasing sold prices. Average sold price per square foot for this fourth quarter was $825, an increase of 2.6% from the 3rd quarter of 2013 which was $804. Sales volume was also up 25% in comparison to the previous quarter of 2013.

Yorkville Luxury Condo Sales
The increase in sold price per square foot can be accounted for by the record number of solds in the luxury resale condo market sector in Yorkville. 12 luxury condo suites sold for between $2.2M to $6M in the 4th quarter of 2013 which was at least double that of every other quarter of 2013.

These 12 sales took place in a handful of Yorkville luxury condo buildings and also accounted for 24% of the sales volume for the quarter.

Yorkville Luxury Condo Building Name & Address	# of Luxury Units Sold Over $2.2M 4th Quarter 2013
Four Seasons Private Residences 50 Yorkville Ave	4
1 St. Thomas Street	3
10 Bellair Street	2
Hazelton Private Residences 118 Yorkville Ave	1
The Prince Arthur 38 Avenue Road	1
The Regency 68 Yorkville Avenue	1

2013 By Quarter	# of Yorkville Luxury Units Sold Over $2.2M
1st Quarter	2
2nd Quarter	6
3rd Quarter	5
4th Quarter	12

Yorkville Condos Average Price Per Square Foot
The fourth quarter of 2013 resale stats for Yorkville Toronto condos reveals that the average sold price per square foot for a Yorkville condo was $825. Sold prices per square foot continue to climb as this is up from $804 in the 3rd quarter and $718 in the 2nd quarter of 2013.

Type Of Condo Unit	Average Sold Price Per Square Foot
1 Bedroom Condo	$673
1 Bedroom Plus Den Condo	$798
2 Bedroom Condo	$750
2 Bedroom Plus Den Condo	$1052
3 Bedroom Or Larger	$851

Yorkville Condo Sales Volume
50 condo units sold in the fourth quarter of 2013. This was up from the 40 condo apartments that sold in the third quarter of 2013.

Yorkville Resale Condos Days On Market Comparison
It took an average of 50 days for a Yorkville condo to sell in the fourth quarter of 2013 which is only 1 day less than the third quarter of 2013 when it took an average of 51 days to sell.

Yorkville Condo Resale Values 2013 Fourth Quarter
The average sold price for a condo in Yorkville is $1,607,710 dramatically up from last quarter’s $1,128,169 and again can be accounted for by the greater number of sales of luxury condo units in Yorkville in the 4th quarter.

Type Of Condo Unit	# Sold	Average Sold Price	% of List	Average Number Of Days On Market
1 Bedroom Condo	6	$395,167	96	61
1 Bedroom Plus Den Condo	7	$535,500	98	30
2 Bedroom Condo	21	$991,595	96	55
2 Bedroom Plus Den Condo	13	$2,629,286	93	81
3 Bedroom Or Larger	2	$3,487,000	93	24