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MERTON STREET AND MIDTOWN CONDOS MARKET UPDATE 2012 |
| The condo market in Midtown got off to a brisk start with 30 new listings in the first two weeks bringing the total to 51 units for sale. At the same time buyers were back in force and the first two weeks sales came in at 99% of asking price. During December which is usually slow there were 17 units sold in Midtowns C10 area and the average days on market was 30 days. Continued low rates and more people moving to Toronto should see a relatively strong market in 2012 with TREB and the CMHC predicting prices to rise by 5% in 2012 Thanks again, during 2011 Ralph was chosen by more sellers to sell their condo in the Midtown C10 area, thats seven years in a row. On Merton Street during 2011 Ralph sold more condo listings than the #2, #3 and #4 agents combined. More Sales - More Buyers For an up to the minute market evaluation of your unit call ralph at 416-523-6447. This Weeks Local Market Conditions: • Check the supply of unsold properties in the area? • How do selling prices compare to listing prices? • How fast are properties selling right now? • How do these trends affect me? Just Click on the Condos For Sale and Sellers Reports to get the latest market information. These reports contains the most up to date and accurate picture of condo and home sales in your neighborhood. Is this what I can expect for my home or condo? Contact me for what this means to you and for your home - no matter where you are in your decision process. |
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