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Central Newmarket MLS Real Estate Houses Listings central newmarket real estate homes houses 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: Central Newmarket."

 

Central Newmarket 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
Home Sales 36 51 +15
Average Home Price $361,871 $440,949 +$79,078
Dollar Volume $13,027,350 $22,488,379 +$9,461,029
New Listings 44 56 +12
Active Listings 24 20 -4
Days On Market 25 24 -1
Average Sold Price to Listing Price 98% 98% 0%

 

From this chart it is easy to see that Home Sales increased by 15 from 36 in 2013 to 51 in 2014. The Average Home Price has gone up by $79,078 during the same time period with the Dollar Volume also up by $9,461,029. New Listings were up 12, and Active Listings were down by 4 over the same period in 2014. The Average Days On the Market decreased to 24, and the Average Sold Price to Listing Price remained the same at 98% over the same period as the year before.

 

Type Sold 2013 2014 Increase / Decrease
Detached 20 38 +18
Semi-Detached 0 0 0
Freehold Townhouses  0    +1
Condo Townshomes 3 1 -2
Condo Apartment 13 11 -2

 

Central Newmarket is another great Newmarket neighbourhood for increasing the value of real estate holdings. Home sales continue to increase along with the inventory of homes. This level of inventory has helped keep the home values fairly stable even as more people vie for about the same level of home inventory. Sales of detached homes and condo apartments  remain at the top of the sales list. It is apparent that the housing market remains strong compared to other countries, and with an interest rate that remains relatively low, the Central Newmarket real estate market should continue to prosper along with other markets in York Region.

 

Find Your Central Newmarket Dream Home central newmarket real estate homes houses sales

 

Central Newmarket MLS Real Estate Homes Listings central newmarket real estate homes houses sales

 

 

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