1.5 Million Plus G.T.A Real Estate Market Update

Toronto Real Estate Brokerage Royal LePage RES Ltd/Johnston and Daniel Division

Toronto REALTORS® Louise Dodd and Jason Dodd

February $1,500,000+ G.T.A. Sales

There were 643 February MLS residential sales in the G.T.A. that sold for $1.5 million or more, up over 2019's 282 February sales, and the second highest number of February sales in all 14 recorded years since 2007. Of the 643 sales, 219 homes sold for $2,000,000 to $3,000,000. 58 sales were for more than $3,000,000.

The highest priced G.T.A. residential sale reported through the Toronto Real Estate Board in February was for $9,400,000. The sale was for a stone two storey residence in Oakville on a 105 by 145 feet lot. This home offers four bedrooms, seven baths, three car garage, and an inground pool. The listing brokerage described this property ~ "situated in an exclusive lakeside enclave in south west Oakville. This riparian waterfront etate occupies over $10,000 square feet of living space. Stunning Panoramic views of Lake Ontario from expansive windows. Sophisticated living. Ample space for entertaining."

$1.5 Million+ Sales in the G.T.A. Including Condominiums
	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2019
January	34	52	10	54	63	71	69	105	112	197	400	209	185	296
February	74	62	25	95	97	161	128	167	218	437	909	295	282	643
March	62	49	33	134	136	187	171	199	329	525	1444	410	396
April	99	110	66	146	166	216	206	287	436	826	1362	494	576
May	105	99	90	136	195	240	269	348	520	928	946	508	687
June	98	92	104	114	188	183	209	248	481	842	574	514	614
July	66	54	87	60	101	106	163	213	324	580	344	388	474
August	59	46	57	56	69	95	132	177	242	558	313	353	383
September	68	39	78	74	113	126	165	247	328	712	412	418	562
October	106	30	99	109	145	138	211	282	333	743	451	489	630
November	95	34	95	106	129	99	155	224	298	674	432	391	471
December	64	25	70	69	62	64	87	133	181	350	247	167
Total	930	692	814	1153	1464	1686	1965	2630	3802	7372	7834	4636	5260	939

Sales Breakdown by Type, of the 296 $1,500,000+ sales:

Condominium apartments	42
Semi-detached	38
Freehold townhomes	10
Condominium townhouses	7
Detached	546
Co-op Apartment	0