Rouge Woods MLS Real Estate Listings rouge woods real estate homes houses mls listings

 

Townhomes Townhouses   Rouge Woods Amenities
Rouge Woods   Richmond Hill, York Region
 

 

In order to understand the desirability of the Rouge Woods neighbourhood for buyers and sellers, it is necessary to compare the present market to a previous one. In this case the second quarter of 2014 is compared side-by-side to the second quarter statistics of 2013, with with the increase or decrease in results in the right hand column.

 

Rouge Woods 2nd Quarter 2013 2nd Quarter 2014 Increase/Decrease
House Sales 86 102 +16
Average Home Price $714,196 $784,355 +$70,159
Dollar Volume $61,420,888 $80,004,250 +18,583,362
Active Listings Inventory 33 22 -11
New Listings 137 159 +22
Average Days On Market 14 11 -3
% Of Sold Price To Listing Price 100% 103 +3%

 

Home sales in 2014 increased to 102 from 86 in 2013, and the Average Home Sale Price increased on average by $70,159. For the same time there were 11 fewer Active Listings in 2014 and 22 more New Listings. Home prices increased as product increased. Surely, the desirability of the neighbourhood helped keep the prices up, but continually low interest rates also helped too. During the same period, the Average Number of Days on the Market decreased from 14 in 2013 to only 11 in 2014 which was certainly good for home sellers. The Percentage of Sold Price To Listing Price improved to 103% from 100% in 2013. The majority of Rouge Woods real estate sales, as indicated below, is from detached homes and attached freehold townhomes. This extremely desirable neighbourhood is another indicator of the strength of the overall Richmond Hill Housing Market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 48 55 +7
Attached/Townhomes 32 42 +10
Semi-Detached 5 5 0
Other 1 0 -1
Total 86 65 -21

This is another example of Real Estate as a Great Investment. At present there is relatively low risk with excellent chances of increasing the value of your own estate. With homes selling at or above full listing price in a relatively short length of time, Rouge Woods continues to be strong in Richmond Hill real estate and a great investment. Our strong economy should continue with this neighbourhood helping to lead the way.

 

Rouge Woods Real Estate rouge woods real estate homes houses mls listings

 

Find Your Rouge Woods Dream Home rouge woods real estate homes houses mls listings

 

Rouge Woods MLS Real Estate Listings rouge woods real estate homes houses mls listings

 

 

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