Woodland Hill MLS Real Estate Listings woodland hill real estate homes houses property

 

Homes Houses   Woodland Hill Amenities
Woodland Hill, Newmarket   Newmarket, York Region
 

 

In order to understand the attractiveness of the Woodland Hill, Newmarket 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.

 

Woodland Hill 3rd Quarter 2013 3rd Quarter 2014 Increase/Decrease
House Sales 61 59 -2
Average Home Price $514,126 $555,007 +$40,881
Dollar Volume $31,361,700 $32,568,435 +$1,206,735
New Listings 88 86 -2
Active Listings Inventory 32 31 -1
Average Days On Market 21 24 +3
% Of Sold Price To Listing Price 98% 98% 0

 

Home sales in 2014 decreased slightly to 59 from 61 in 2013, and the Average Home Sale Price increased on average by $40,881. At the same time there were 2 fewer New Listings in 2014, one less Active Listing, and the price per home went up along with a total Dollar Volume increase of $1,206,735. 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 21 in 2013 to 24 in 2014 which is still allright for home sellers. The Percentage of Sold Price To Listing Price remained the same at 98% for the same period of time. The majority of Woodland Hill real estate sales came from detached and freehold townhouses 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 34 34 0
Semi-Detached 12 10 -2
Freehold Attached 15 13 -2
Other 0 2 +2

 

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, Woodland Hill, Newmarket 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.

 

Woodland Hill Newmarket Real Estate woodland hill real estate homes houses property

 

Find Your Woodland Hill Dream Home woodland hill real estate homes houses property

 

Woodland Hill MLS Real Estate Listings woodland hill real estate homes houses property

 

 

"Oh, By The Way... I am Never Too Busy

For Any of Your Referrals"

 

adminlistingsprivacy policycontactsite map
Century 21 Heritage Group Ltd., Brokerage, independently owned & operated
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
Copyright © 2002-2017. All rights reserved.
Real Estate Marketing by Lone Wolf Real Estate Technologies.
Lone Wolf Real Estate Technologies