
How time flies! As we approach the mid way point of 2010 a few changes have occurred in the Bloor-Yorkville condo market. For starters, the month of May saw an increase in listings at Casa Condos (88 Charles St) resulting in 6 solds. Yorkville as a whole actually saw a decreases in number of sales; 32 as opposed to the 46 in March and 43 in April. Year over year though (May 2009 vs May 2010) sales are 18% higher!
The most active layout was the 2 bedroom floor plan which saw 12 of the 32 sales. This has been a common trend through out the year further showing that Yorkville condo purchasers prefer a spacious layout over a smaller one. The highest sale happened at the luxurious Prince Arthur followed closely by the 2009 PUG award winner: One St. Thomas.
Looking ahead to June, we’re doubtful that sales will pass the 50 sales recorded in 2009. Increased lending rates and the G20 meeting toward the end of June should put a damper on the amount of activity in the area. We’ll be following the number closely to see how the market preforms. We’ll also be doing Pre-Delivery Inspections with clients who purchased at Crystal Blu! Look for updates on that project in the near future!
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[...] bloorblogger ?????: The highest sale happened at the luxurious Prince Arthur followed closely by the 2009 PUG award winner: One St. Thomas. Looking ahead to June, we’re doubtful that sales will pass the 50 sales recorded in 2009. … [...]
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