Monday, October 5, 2009

Profile of W08 Etobicoke

This neighbourhood is bounded by Eglinton Avenue on the north, Humber River on the east, Bloor Street on the south, and the Humber River on the east. Neighbourhood names include Markland Wood, Eringate, Princess Margaret, Princess Anne Manor, Humber Valley, Thorncrest Village, Chestnut Hills or Islington. To me, it is simply W08

This is one of the finest if not the finest neighbourhood in the west end of Toronto, central Etobicoke.

Activity for the month of September '09 as reported by the Toronto Real Estate Board (TREB) is 1,439 properties listed with 877 sales.

A closer look at detached homes only provides 133 listings with only 57 sales. The average sale price was $811,833. ** Be mindful that 5 sales at $1.0MM could drastically scue the average and median numbers.

Homes priced between $1.0MM and $ 1.5MM in this grid numbered 37 with 13 selling in the last 30 day cycle.

To compare this with last year; which was considered a record breaking year, TREB reported sales for the month of September '08 was 392 properties listed with 71 sales. Looking closer at detached homes only provides 234 listings with only 29 sales.

If you would like to be in this neighbourhood, I welcome your call.

If you would like to receive available homes for sale as they become available Register as a VIP Buyer here.

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