Condos

During the second quarter of 2023, a total of 1,646 condominium transactions were successfully closed, indicating a decline of 21% compared to the corresponding period in 2022. However, it is important to note that this figure represents a notable increase of 55% when compared to the previous quarter. In terms of condominium prices, there was a 3% decrease in the average sale price when compared to the second quarter of 2022. Similarly, the average price per square foot experienced a decline of 4% during the same period. Nevertheless, it is noteworthy that condominiums priced between $3M and $10M demonstrated a positive trend, experiencing an 11% increase in average sales price and a 3% increase in average price per square foot.

1,646 Closed Sales

-21% Change in Closed Sales {2023 vs. 2022}

$2.86M Average Sales Price

-3% Change in Average Sale Price {2023 vs. 2022}