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Eastbridge Real Estate Market Update Winter 2019

The real estate market in Eastbridge remained slow through the 4th quarter of 2018.  The last three months of the year saw 14 homes sold in the area bringing the total for the year to 64 homes, a drop of 20% from the 80 that sold in 2017.  Prices were also down slightly, in 2018 the average sale price in the neighbourhood was $616,000 a 4.6% drop from the average of $646,000 in 2017.  The selling cycle remained quick, homes sold in an average of just 15 days on market and homes sold for slightly more than full list price (100.8%).  It should be noted that 63% of the homes sold in Eastbridge last year were sold at or above their full list price.  Strategically priced homes are still attracting multiple offers with limited conditions. See below for the full update or download it in the attachments.



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