There were 5 transactions in Toronto’s Annex this last month. Note that our overall annual markers will provide a better sense of value increase, which you can reach out to us here to discuss.
Annex Homes Values
There was 1 sale. The average home sold for $2,750,000, down from $3,499,500 in January 2022. Note: sellers are struggling to price their homes at what the market (buyer) is willing to accept in this real estate environment.) The average list-to-sale price was 91%. There were no multiple offers on Annex house listings. The average home was on the market for 75 days (proof that the overall Toronto real estate market is slower than historical statistics.)
➤ Check out our top reads for anyone thinking about living in The Annex:
- The Annex Neighbourhood Guide
- How To Adjust Your Home Selling Strategy When Prices Are Falling
- 5 Things You Didn’t Know About Toronto Lofts
Annex Condo Values
There were 4 condo sales—the average Annex condo – the Annex condo market is moving again.
Contact us here and read our Annex blogs to learn more about The Annex.
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