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Leslieville Post Real Estate Snapshot

November 2011

Leslieville Market

Detached Home Prices Rise


Detached home prices continue their steady climb, rising over 55% since 2006
Leslieville Detached Home Prices
$700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 All 2006 All 2007 All 2008 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 {LeslievillePost.com}
Average Sold Price Detached Linear (Average Sold Price Detached)

Average Prices

Semi-Detached Home Prices Rise


Semi-detached home prices rise over 33% since 2006, down 16% from Oct 2010 high
Leslieville Semi-Detached Home Prices
$650,000 {LeslievillePost.com}
Average Sold Price Semi Detached Linear (Average Sold Price Semi Detached)

$600,000

$550,000
Average Prices

$500,000

$450,000

$400,000

$350,000

$300,000 All 2006 All 2007 All 2008 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11

Inventory Remains Steady


Average days on market between 10 and 15, indicating moderately tight supply
Leslieville Home Inventory Movement
50 45 40 35 30 25 20 15 10 5 0 All 2006 All 2007 All 2008 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Average Days on Mkt Detached Average Days on Mkt Semi Detached {LeslievillePost.com}

Monthly Number of Sales

10

15

20

25

30

35

40

0 {LeslievillePost.com}

Home Sales Activity Steady

Number of monthly sales remain steady

Leslieville Home Sales Activity


# of sales (freehold properties)

Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11

Selling Prices Remain Above Asking


Homes selling for above-asking price, suggesting pricing remains strong
Leslieville Home Sale Price-to-List Price Ratio
115% Average % List - Sale Detached Average % List - Sale price Semi Detached 110% {LeslievillePost.com}

105%

100%

95%

90% All 2006 All 2007 All 2008 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11

Riverdale Market

Detached Home Prices


Detached home prices flat since early 2011, down 27% from April high
Riverdale Detached Home Prices
$1,200,000 $1,100,000 $1,000,000 $900,000
Average Prices

{LeslievillePost.com}

Average Sold Price Detached Linear (Average Sold Price Detached)

$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 All All All All All Jan- Feb- Mar- Apr- May- Jun2006 2007 2008 2009 2010 11 11 11 11 11 11 Jul11 Aug- Sep- Oct11 11 11

Semi-Detached Home Prices Rise


Semi-detached home prices in a softening upward trend
Riverdale Semi-Detached Home Prices
$900,000 {LeslievillePost.com}

Average Sold Price Semi

$800,000

Linear (Average Sold Price Semi)

$700,000
Average Prices

$600,000

$500,000

$400,000

$300,000 All All All All All Jan2006 2007 2008 2009 2010 11 Feb- Mar- Apr- May- Jun- Jul-11 Aug- Sep- Oct11 11 11 11 11 11 11 11

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Inventory Remains Tight


Supply of homes in the market remains tight, with average sale taking 10 days
Riverdale Home Inventory Movement
60 {LeslievillePost.com} Average Days on Mkt Semi Detached Average Days on Mkt Detached 50

40

30

20

10

0 All 2006 All 2007 All 2008 All 2009 All Jan-11 Feb2010 11 Mar- Apr-11 May- Jun-11 Jul-11 Aug11 11 11 Sep11 Oct11

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Home Sales Activity Rises


Number of monthly sales almost quadruple over summer doldrums
Riverdale Home Sales Activity
40 35 30
Monthly Number of Sales

{LeslievillePost.com}

# sales (freehold properties)

25 20 15 10 5 0 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11

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Selling Prices Remain Above Asking


Above-asking sales pricing indicates pricing remains strong
Riverdale Home Sale Price-to-List Price Ratio
115% Average % List - Sale Det. Average % List - Sale price Semi 110% {LeslievillePost.com}

105%

100%

95%

90% All 2006 All All 2007 2008 All 2009 All 2010 Jan11 Feb11 Mar11 Apr11 May11 Jun- Jul-11 Aug11 11 Sep11 Oct11

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Beaches Market

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Detached Home Prices Move Sideways


Fully detached Beaches home prices appear to have flatlined
Beaches Detached Home Prices
$1,700,000 {LeslievillePost.com}

$1,500,000

Average Sold Price Detached Linear (Average Sold Price Detached)

$1,300,000
Average Prices

$1,100,000

$900,000

$700,000

$500,000

$300,000 All All All All All Jan- Feb- Mar- Apr- May- Jun2006 2007 2008 2009 2010 11 11 11 11 11 11 Jul11 Aug- Sep- Oct11 11 11

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Semi-Detached Home Prices Rise


Despite spike, semi-detached home prices continue rising close to trend-line
Beaches Semi-Detached Home Prices
$1,200,000 $1,100,000 $1,000,000 $900,000
Average Prices

{LeslievillePost.com}
Average Sold Price Semi Detached Linear (Average Sold Price Semi Detached)

$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 All All All All All Jan2006 2007 2008 2009 2010 11 Feb11 Mar11 Apr11 May- Jun- Jul-11 Aug- Sep- Oct11 11 11 11 11

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Inventory Remains Steady


Average days on market indicate market supply remains tight
Beaches Home Inventory Movement
60 {LeslievillePost.com} Average Days on Mkt Det. Average Days on Mkt Semi 50

40

30

20

10

0 All 2006 All 2007 All 2008 All 2009 All Jan-11 Feb2010 11 Mar- Apr-11 May- Jun-11 Jul-11 Aug11 11 11 Sep11 Oct11
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Home Sales Activity Steady


Number of monthly sales have risen after the summer slowdown
Beaches Home Sales Activity
30 {LeslievillePost.com}

# sales (freehold properties)

25

Monthly Number of Sales

20

15

10

0 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11

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Selling Prices Close to Asking


Pricing appears fair relative to buyer expectations, as list-to-sale ratio close to 1
Beaches Home Sale Price-to-List Price Ratio
110% 108% 106% 104% 102% 100% 98% 96% 94% 92% 90% All 2006 All All 2007 2008 All 2009 All 2010 Jan11 Feb11 Mar11 Apr11 May11 Jun- Jul-11 Aug11 11 Sep11 Oct11 Average % List - Sale Detached Average % List - Sale price Semi Detached {LeslievillePost.com}

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Questions? Comments?
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