It was a solid start to the year for home sales in Forest Heights.  So far this year 27 homes have sold for an average of $566,000.  Strong demand and limited inventory resulted in homes selling, on average, for 104% of their full list price and after a very quick 8 days on the market.

I was a great start to the year for home sales in Westvale.  So far this year 15 homes have sold for an average of $657,000.  Strong demand has resulted in homes selling for close to 10% above full list price and after an average of just 6 days on the market.

Home sales in Beechwood and Maple Hills started off very well this year.  Through the end of March 15 homes sold in the area for an average of $723,000.  Strong demand meant that homes sold, on average, for more than list price (104%) and after a very quick 11 days on the market.

The market in Eastbridge continued to be slow through the end of March.  Just 9 homes have sold so far this year which is only half as many as were sold during the same period last year.  Inventory was the issue during the first quarter, lack of inventory and strong demand resulted in homes selling for 106% of full list price after just 5 days on market.  The average sale price jumped to $705,000, 7% more than the same period last year and 20% more than the same period in 2018.

It had been a strong start to the year for home sales in the area.  So far this year 31 homes have sold in the area for an average price of $740,000.  Both of these numbers represent a significant improvement from last years’ results.

Strong demand has resulted in homes selling, on average, for more than list price and after just 19 days on the market.

The year got off to a good start for home sales in Laurelwood.  Ten homes through the end of March with an average sale price of $854,000.  Strong demand resulted in 80% of the homes selling at or above full list price in an average of just 13 days on Market.

The Real Estate Market in Upper Beechwood and Beechwood West remained strong through the end of March.  Nine homes have sold in the area so far this year.  The average sale price was $833,000 which is down from the average of $890,000 but that is due to the small sample size and the fact that last year at this point we had already had 3 sales over 1 million.  We have not had one yet this year.  Homes are still selling for more than list price (103.1%) and quickly.

It has been a solid start to the year for home sales in Beechwood Forest and Highland West.  So far this year 8 homes have sold in the area.  Strong demand has resulted in rising prices, multiple offers and a shortened sales cycle.  So far this year the average sale price in the neighbourhood has been $643,000 with homes selling for 103.4% of their full list price and after just 14 days on the market.  A shortage of homes available for sale combined with last weeks interest rate cuts should mean this trend will continue throughout the spring.

It has been a great year so far for home sales in Forest Heights.  Through the end of February 13 homes sold for an Average of $578,000.  High demand resulted in homes selling very quickly and for more than list price.                              

It has been a strong start to the year for home sales in Westvale.  So far this year 7 homes have sold for an average price of $668,000.  Lack of supply has meant that the homes that have been available have sold very quickly and well above list price.