Upper Beechwood and Beechwood West Winter 2021 Market Update

Not even a global pandemic could slow down the real estate market in Upper Beechwood and Beechwood West.  Last year more homes changed hands in the area than any year since 2006 and strong demand resulted in sale prices continuing to climb.  A total of 52 homes sold in 2020 an increase of 13% from the 46 that sold in 2019.  The average sale price last year was $923,000 an increase of 2% from the average of $905,000 the previous year.  Home prices in the neighbourhood have increased by 64% since 2015.  Strong demand resulted in almost two-thirds of all homes (65%) selling at or above full list price and more than half (56%) selling after being on the market for 7 days or fewer. 

UBBW Winter 2021.pdf1.15 MB

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