Bayview Northeast MLS Real Estate Listings bayview northeast real estate homes houses sales

 

Bayview Meadows Homes   Detached Homes Bayview Northeast
Bayview Northeast Aurora   Aurora, York Region
 

 

In order to understand the desirability of the Bayview Northeast neighbourhood for buyers and sellers, it is necessary to compare the present market to a previous one. In this case the third quarter statistics of 2014 are compared side-by-side to the third quarter statistics of 2013 from the Community Housing Market Report York Region, Aurora, with with the increase or decrease in results in the right hand column.

 

Bayview Northeast 3rd Quarter 2013 3rd Quarter 2014 Increase/Decrease
House Sales 43 39 -4
Average Home Price $630,011 $701,528 +$71,517
Dollar Volume $27,090,487 $27,359,576 +269,089
New Listings 79 63 -16
Active Listings Inventory 32 20 -12
Average Days On Market 21 19 -2
% Of Sold Price To Listing Price 98% 98% 0

 

Home sales in 2014 decreased to 39 from 43 in 2013, but the Average Home Sale Price increased on average by $269,089. At the same time there were 16 fewer New Listings in 2014 and 12 fewer Active Listings. Surely, the desirability of the neighbourhood helped with the increase in sale price, but continually low interest rates also helped in this regard. During the same period, the Average Number of Days on the market decreased  from 21 in 2013 to 19 in 2014 which was certainly good for home sellers. The Percentage of Sold Price To Listing Price stayed the same at 98% over the same period of time. The majority of Bayview Northeast real estate sales came from detached homes followed by freehold townhouses as shown below with breakdown by type. The sales statistics of this desirable neighbourhood is another indicator of the strength of the overall Aurora Housing Market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 26 24 -2
Semi-Detached 1 0 -1
Attached Townhouse 10 9 -1
Condo Townhouse 0 1 +1
Other 6 5 -1

 

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 close to full listing price in a relatively short length of time, Bayview Northeast, Aurora continues to be strong in York Region real estate and a great investment. Our strong economy should continue with this neighbourhood helping to lead the way.

 

Bayview Northeast Real Estate bayview northeast real estate mls listings property

 

Find Your Bayview Northeast Dream Home bayview northeast real estate mls listings property

 

Bayview Northeast MLS Real Estate Listings bayview northeast real estate mls listings property

 

If you are interested in the final sales price for any Bayview Northeast property, please call me, Randy Corcoran, at 905-883-8300 or e-mail: 

wcorcoran@trebnet.com

 

 

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