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Upper Beechwood and Beechwood West Winter 2019 Market Update
The housing market in Upper Beechwood and Beechwood West rebounded a bit in the 4th quarter of 2018. Going into the quarter prices were more than 10% behind 2017 averages but a strong finish to the year resulted in an average sale price of $807,000 a drop of just 4.4% from the average of $844,000 a year earlier. Still prices in the neighbourhood are up by more than 43% since 2015. The supply of homes for sale was an issue again in 2018. Just 39 homes sold in the area, a drop of almost 25% from the 51 that sold in 2017. Homes are still selling relatively quickly in an average of 26 days on market and for very close to full list price (98.7%). See below for the full update or download it in the attachments.