With Toronto’s real estate market getting off to a hot start in 2016, we thought it would be interesting to look at which neighbourhoods have been the most competitive so far this year.
Our Top 10 List of the Hottest Neighbourhoods during the first quarter of 2016 is dominated by neighoburhoods that have great access to public transit. Six of the ten are directly on the subway line or the St.Clair streetcar line and another three are within a twenty minute walk to a subway station.
You can browse our heat map below or click here for a full view of the map to see the results for every neighbourhood in Toronto.
Top 10 Hottest Neighbourhoods First Quarter 2016
1. Danforth Mosaic
Percent of Homes Selling for More than Asking: 91%
Average Price: $758,640
Average Days on Market: 8
View a map and homes for sale in Danforth Mosaic
2. Ionview
Percent of Homes Selling for More than Asking: 86%
Average Price: $659,247
Average Days on Market: 9
View a map and homes for sale in Ionview
3. Hillcrest
Percent of Homes Selling for More than Asking: 85%
Average Price: $942,307
Average Days on Market: 16
View a map and homes for sale in Hillcrest
4. Davenport
Percent of Homes Selling for More than Asking: 83%
Average Price: $685,941
Average Days on Market: 7
View a map and homes for sale in Davenport
5. Lambton
Percent of Homes Selling for More than Asking: 83%
Average Price: $762,985
Average Days on Market: 11
View a map and homes for sale in Lambton
6. Bloor West Village
Percent of Homes Selling for More than Asking: 83%
Average Price: $1,099,333
Average Days on Market: 8
View a map and homes for sale in Bloor West Village
7. Woodbine Gardens
Percent of Homes Selling for More than Asking: 80%
Average Price: $596,049
Average Days on Market: 15
View a map and homes for sale in Woodbine Gardens
8. The Danforth
Percent of Homes Selling for More than Asking: 80%
Average Price: $951,485
Average Days on Market: 11
View a map and homes for sale in The Danforth
9. Donalda
Percent of Homes Selling for More than Asking: 80%
Average Price: $1,575950
Average Days on Market: 11
View a map and homes for sale in Donalda
10. Christie Pits
Percent of Homes Selling for More than Asking: 75%
Average Price: $849,751
Average Days on Market: 11
View a map and homes for sale in Christie Pits
Realosophy Realty Inc. Brokerage is an innovative residential real estate brokerage in Toronto. A leader in real estate analytics and pro-consumer advice, Realosophy helps clients make better decisions when buying or selling a home.
