2013                             2012                 % Chg.

Sales                                          7765                             9385                 -17.30 %

New Listings                           14728                           16191               -9.0 %

Active Listings                       18384                           16920               8.70 %

Avg. Price                         $519,879                       $500,875           3.80 %

Avg. DOM                                   24                                 21                     16.90 %

Downtown/Midtown sales Statistics

Month of March  2013**

    Feb/13              March/13

Properties Listed                   1404                             1624

Property Sales                          335                               444

Avg. Price                         $783,531                       $832,464

Median Price                   $706,667                       $641,000

** area bounded by Yonge-Ossington-Lakeshore-Eglinton

April 3, 2013 — Greater Toronto Area REALTORS® reported 7,765 transactions through the TorontoMLS system in March 2013 – down 17 per cent compared to 9,385 transactions in March 2012. While the year-over-year dip in March sales followed the trend that has unfolded since mid-way through 2012, it is also important to note that the Good Friday holiday was in March this year versus April in 2012. Generally speaking, there are fewer sales reported on statutory holidays and weekends. (more…)