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North Richvale MLS Real Estate Houses Listings north richvale real estate homes houses mls listings

 

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: Richmond Hill, North Richvale."

 

North Richvale 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
Home Sales 49 59 +10
Average Home Price $617,489 $663,634 +$46,145
Dollar Volume $30,256,980 $39,154,400 +$8,897,420
New Listings 77 63 -14
Active Listings 28 19 -9
Days On Market 30 32 +2
Average Sold Price to Listing Price 99% 99% 0%

 

From this chart it is easy to see that Home Sales increased by 10 from 49 in 2013 to 59 in 2014. The Average Home Price went up by $46,145 during the same time period with the Dollar Volume up by $8,897,420. New Listings were down by 14 over 2013 and Active Listings were down by 9. Average Days On the Market increased from 30 in 2013 to 32 in 2014, and Average Sold Price to Listing Price remained the same at 99%.

 

Type Sold 2013 2014 Increase / Decrease
Detached 22 27 +5
Semi-Detached  0
Freehold Townhouse 2 1 -1
Condo Townhouse 7 9 +2
Condo Apartment 14 17 +3
Other 4 5 +1

 

North Richvale is another great Richmond Hill neighbourhood for increasing the value of real estate holdings. The average home price increased, homes sales increased, new listings and active listings decreased, and home values were up as more people vied for a slightly lesser number of homes. Sales of detached homes remained at the top of the sales list with condo apartments getting stronger in 2014. The housing market still remains strong compared to other countries, and with an interest rate that remains relatively low, the North Richvale, Richmond Hill real estate market should continue to prosper along with other markets in York Region.

 

North Richvale Real Estate north richvale real estate homes houses mls listings

 

Find Your North Richvale Dream Home north richvale real estate homes houses mls listings

 

North Richvale MLS Real Estate Homes Listings north richvale real estate homes houses mls listings

 

 

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