Midway through October, year-to-date luxury home sales surpassed the year-end record total of 726 established in 2013. By the end of the month, the YTD tally was bumped up to 748 sales.
In October specifically, 65 properties sold for $1 million or more, a high for the month and the 10th consecutive monthly record.
A gorgeous Lake Bonavista Estates home on the lake with its own private beach and dock sold for $4,000,000 – the most expensive sale for the month and 5th most expensive of 2014.
Springbank Hill was the most active community with six high-end sales, followed by Mount Royal with four, and Altadore/River Park, Britania, CFB Currie, Pump Hill, West Hillhurst and West Springs all with three apiece.
Note: CREB® removed a condo sale from August 2014, reducing the total for that month to 68.