The real estate market in Laurelwood remained slow through the 4th quarter of 2018. The last three months of the year saw 15 homes sold in the area bringing the total for the year to 55 homes, a drop of 23.6% from the 72 that sold in 2017. Prices were down slightly, in 2018 the average sale price in the neighbourhood was $706,000 a 2.2% drop from the average of $722,000 in 2017. The selling cycle remained at a more traditional 28 days on the market and homes sold very close to their full list price (99.3%). It should be noted that 40% of the homes sold in Laure
KEVIN JONES REALTOR®
KEVIN JONES REALTOR®
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KEVIN JONES's blog
26 Feb 2019
25 Feb 2019
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 q
