Thornlea Markham MLS Real Estate Listings thornlea real estate homes houses property sales

 

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 Thornlea.

 

Thornlea 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
Home Sales 7 10 +3
Average Home Price $964,714 $1,046,180 +$81,466
Dollar Volume $6,753,000 $10,461,800 +$3,708,800
New Listings 8 11 +3
Active Listings 1 1 0
Days On Market 17 16 -1
Average Sold Price to Listing Price 99% 100% +1%

 

From this chart it is easy to see that Home Sales increased slightly by 3 from 7 in 2013 to 10 in 2014. And the Average Home Price has gone up by $81,466 during the same time period and with the Dollar Volume up as well by $3,708,800. New Listings were up by 3, and Active Listings remained the same at 1. The Average Days On the Market has come down to 16 from 17, and the Average Sold Price to Listing Price has increased from 99% in 2013 to 100% in 2014.

 

Type Sold 2013 2014 Increase / Decrease
Detached 7 10 +3
Semi-Detached 0 0 0
Attached / Townshomes 0 0 0
Condo Townhouse 0 0 0
Condo Apartment 0 0 0
Other 0 0 0

 

Thornlea is another great Markham neighbourhood for increasing the value of real estate holdings. Homes sales are up slightly along with New Listings. All of the sales come from detached homes. At the same time the fairly constant inventory supply 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 Thornlea, Markham real estate market should continue to prosper along with other markets in York Region.

 

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Thornlea MLS Real Estate Listings thornlea real estate homes houses property sales

 

 

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