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JANUARY
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2012
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2011
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AVERAGE SOLD PRICE:
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$408,830 |
$396,474 |
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DAYS ON MARKET:
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45
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34
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% SOLD OF LIST PRICE:
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99%
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99%
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SALES:
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57
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39
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NEW LISTINGS:
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191
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148
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ACTIVE LISTINGS:
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267
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221
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*The Toronto Real Estate Board district "W06" includes Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood within this area.
- The average sold price in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is up 3% from last year at this time
- Days on market are up 32% from last year
- % sold of list price is the same as from last year
- Number of sales are up 46% from last year
- New listings on the market are up 29% from last year
- Active listings still on the market are up 21% from last year
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DETACHED
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2012
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2011
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AVERAGE SOLD PRICE:
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$528,300
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$445,583
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% SOLD OF LIST PRICE:
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103%
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101%
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SALES:
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16
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12
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ACTIVE:
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36
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36
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The average sold price for a detached property in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is up 18% from last year
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% sold of list price is up 2% from last year
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Number of sales are up 33% from last year
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Active listings are the same as from last year
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SEMI-DETACHED
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2012
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2011
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AVERAGE SOLD PRICE:
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$362,000
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$425,500
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% SOLD OF LIST PRICE:
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101%
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99%
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SALES:
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1
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1
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ACTIVE:
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3
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6
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- The average sold price for a semi-detached in Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is down 15% compared to this time last year
- % sold of list price is up 2% compared to this time last year
- Number of sales are the same as this time last year
- Active listings are down 50% from the same time last year
To view Listings in the area Click Here
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CONDO APARTMENT
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2011
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2010
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AVERAGE SOLD PRICE:
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$326,355
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$369,394
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% SOLD OF LIST PRICE:
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96%
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98%
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SALES:
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31
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19
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ACTIVE:
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215
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166
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The average sold price for a condo in the Mimico Village, Mimico by the Lake, New Toronto, Long Branch and Alderwood area is down 12% from the same time last year
- % sold of list price is down 2% as from this time last year
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Number of sales are up 63% from last year at this time
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Active listings are up 29% from last year at this time
To view Condo Listings in the area Click Here
*Toronto Real Estate Board Stats
The west end Toronto neighbourhoods of Mimico, New Toronto, Alderwood and Long Branch are still seeing strong demand for both houses, condos, lofts and townhomes. Interest rates are still record low, making this still an ideal time to make the decision to invest in real estate or making a move up!
If you are considering Buying, Selling, or relocating to the Toronto area, for more info and insight into the GTA Real Estate market: Click Here
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