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Beechwood Forest and Highland West Real Estate Market Update Winter 2019
The housing market in Beechwood Forest + Highland West was slow in 2018. Just 59 homes sold last year, a drop of almost 25% from the 77 that sold in 2017. Average sales prices wera also down slightly. The average single detached home in the area sold for $551,000 a drop of 2% from the average of $562,000 in 2017. The drop in sales was certainly not due to a lack of demand. More than half of all homes that sold last year (56%), sold at or above full list price and they sold in an average of just 15 days on market. Strategically priced homes are still attracting multiple offers with limited conditions. See below for the full update or download it in the attachments.