Q1 2010 was a record-breaker!

So the numbers are in and they indicate that for the Toronto Real Estate Board, Q1 2010 was a record breaker for total sales. March sales hit 10,430 transactions to push the Q1 total to 22,418 sales.  The average price of a home in the GTA in March was $434,696 but the increase is expected to slow over the remainder of the year as more listings come into the market, giving buyers more choices.

The sales were broken down across these major housing types

Detached homes: 47.6%
Condo apartments: 23.1%
Semi-detached: 11.9%
Condo townhouses: 8.0%
with the remaining 9.4% of sales accounting for sales of  Links, Row-Houses, Detached Condos and Co-op apartments

The highest sale price for a detached home in March goes to 45 Bayview Ridge, which sold for $12,825,000 (6+1 bedrooms, 10 bathrooms, 235x666ft lot with annual taxes of $76,045)
And the bargoon of March for a detached home goes to a home in Gamebridge, ON (near Beaverton) which sold for $45,000 (1 bedroom, 1 bath house on a 66x144ft lot with annual taxes of $1,400)

And 10,428 other sales in between!