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Market Watch February 2007

Real Estate Agent with Prudential Renascent Realty, the Brokerage

Reported from the Toronto Real Estate Board's Market Watch  March 6, 2007

TREB President Dorothy Mason announced today. "While the weather last month may have been cold. Toronto's resale housing market remained hot" noted Ms. Mason. " And while it is too early to make predictions, it is clear from the start of 2007 that the Spring season is likely to produce sales numbers at least comparable to those of the past several years, which have been record or near record performances".

How does this translate for the Georgina (Keswick & surrounding) area?  As follows:

For the month of February 2007

Sales - 70

Active Listings - 217

Average price - $246, 716    Median Price - $229,000 - all styles of properties

Average price - $251,693     Median Price - $229,750 - detached houses only

Average days on the market - 39

Average %List - 98