Bayview Glen MLS Real Estate Listings bayview glen real estate homes houses property

 

One of the most interesting and important indicators of attractiveness of different neighbourhoods for investment and general family living is a comparison between the community now and how it was in the previous year for the same time period. The following figures come from the Toronto Real Estate Board "Community Housing Market Report York Region: Markham" for Bayview Glen.

 

Bayview Glen 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
Home Sales 10 8 -2
Average Home Price $1,487,300 $1,651,736 +$164,436
Dollar Volume $14,873,000 $13,213,888 -$1,659,112
New Listings 20 16 -4
Active Listings 13 11 -2
Days On Market 45 28 -17
Average Sold Price to Listing Price 94% 93% -1%

 

From this chart it is easy to see that Home Sales decreased slightly by 2 from 10 in 2013 to 8 in 2014. And the Average Home Price has gone up by $164,436 during the same time period but with the Dollar Volume down $1,659,112. New Listings were down by 4, and Active Listings were down by 2. The Average Days On the Market has come down to 28 from 45, and the Average Sold Price to Listing Price has decreased from 94% in 2013 to 93% in 2014.

 

Type Sold 2013 2014 Increase / Decrease
Detached 7 5 -2
Semi-Detached 0 0 0
Attached / Townshomes 0 2 +2
Condo Townhouse 1 0 -1
Condo Apartment 2 1 -1
Other 0 0 0

 

Bayview Glen is another great Markham neighbourhood for increasing the value of real estate holdings. Homes sales are down slightly along with New and Active Listings. The greatest number of sales comes from detached homes followed at a distance by condo apartments. At the same time the decreased inventory helps keep the home values up. The housing market does continue to remain strong compared to other countries, and with an interest rate that remains relatively low, the Bayview Glen, Markham real estate market should continue to prosper along with other markets in York Region.

 

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Bayview Glen MLS Real Estate Listings bayview glen real estate homes houses property

 

 

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