Bristol-London MLS Real Estate Listings bristol london real estate homes houses mls listings

 

Homes of Bristol-London   Amenities
Newmarket, York Region   Bristol-London, Newmarket
 

 

In order to understand the desireability of the Bristol-London 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, Newmarket, with with the increase or decrease in results in the right hand column.

 

Bristol-London 3rd Quarter 2013 3rd Quarter 2014 Increase/Decrease
House Sales 46 44 -2
Average Home Price $447,785 $491,970 +$44,185
Dollar Volume $20,598,088 $21,646,700 +$1,048,612
New Listings 66 70 +4
Active Listings Inventory 22 25 +3
Average Days On Market 30 33 +3
% Of Sold Price To Listing Price 98% 98% 0

 

Home sales in 2014 decreased slightly to 44 from 46 in 2013, and the Average Home Sale Price increased on average by $44,185. At the same time there were 4 more New Listings in 2014 as well as 3 more Active Listings, and the price per home went up  along with a total Dollar Volume increase of $1,048,612. Surely, the desirability of the neighbourhood helped keep the prices up, but continually low interest rates also helped in this regard with the sale price. During the same period, the Average Number of Days on the market increased  from 30 in 2013 to 33 in 2014 which is still allright for home sellers. The Percentage of Sold Price To Listing Price remained the same at 98% in both 2013 and in 2014. The majority of Bristol-London real estate sales came from detached and semi-detached houses as shown below with breakdown by type. This desirable neighbourhood is another indicator of the strength of the overall Newmarket Housing Market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 32 34 +2
Semi-Detached 13 6 -7
Attached/Townhouse 0 2 +2
Condo Apartment 1 2 +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, Bristol-London continues to be strong in York Region real estate and a great investment despite the reduction in sales. Our strong economy should continue with this neighbourhood helping to lead the way.

 

Bristol-London Real Estate bristol london real estate homes houses mls listings

 

Find Your Bristol-London Dream Home bristol london real estate homes houses mls listings

 

Bristol-London MLS Real Estate Listings bristol london real estate homes houses mls listings

 

 

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