Scarborough Property Pulse© January 2024

In January, the real estate market in Scarborough, Toronto, showed subpar performance, with the average price of second-hand homes decreasing by 6% year-on-year, accompanied by an increase of 43% in transaction volume.

Across various home types in Scarborough in January, there was a decrease in average prices compared to the previous year. Specifically, detached houses decreased by 4%, semi-detached houses down by 2%, townhouses decrease by 13%, and price of condo apartments down by 2%.

Regarding transaction volume, there was an increase of 34% for detached houses and 40% for Condo apartments compared to the same period last year.

Scarborough Property Pulse© November 2023

In November, the resale housing market in Scarborough, Toronto, showed a subdued performance, with the average price remaining flat compared to the same period last year and a year-on-year decrease in transaction volume of 8%.

For detached houses in Scarborough, the average price decreased by 3% year-on-year, while semi-detached houses increased by 4%. The average price for townhouses showed a slight year-on-year decrease of 1%, and Condos had a stable average price year-on-year.

In terms of transaction volume, detached houses experienced an 8% year-on-year decrease, while townhouses and Condos both saw a 9% year-on-year contraction. On the other hand, the transaction volume for semi-detached houses increased by 6% year-on-year.

Scarborough top1% realtor Daisy Huang presents【Toronto Scarborough real estate market update November 2023】

Scarborough Property Pulse© October 2023

In October, various types of second-hand homes in Scarborough showed mixed trends, with the overall average price and transaction volume exhibiting a lukewarm performance year-on-year.

The average price of detached houses in Scarborough increased by 4% year-on-year, while semi-detached houses decreased by 8%. Townhouse price saw a slight increase of 1% year-on-year, and Condo price decreased by 9%.

In terms of transaction volume, detached houses and townhouses experienced contractions of 2% and 25%, respectively. On the other hand, semi-detached houses and condos saw increases in transaction volume by 4% and 3%, respectively.

Scarborough top1% realtor Daisy Huang presents【Toronto Scarborough real estate market update October 2023】