In order to understand the attractiveness 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 fourth quarter statistics of 2014 are compared side-by-side to the fourth 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.
4th Quarter 2013
4th Quarter 2014
Average Home Price
Active Listings Inventory
Average Days On Market
% Of Sold Price To Listing Price
Home sales in 2014 decreased to 26 from 34 in 2013, but the Average Home Sale Price increased by $67,459, while the Total Dollar Volume decreased by $3,154,150. At the same time there was 1 fewer New Listing in 2014 and 1 fewer Active Listing. 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 19 in 2013 to 18 in 2014 which was certainly good for home sellers. The Percentage of Sold Price To Listing Price increased from 98% in 2013 to !00% in 2014. 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.
Number of Sales 2013
Number of Sales 2014
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 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
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Bayview Northeast MLS Real Estate Homes Listings
If you are interested in the final sales price for any Aurora property, please call me, Randy Corcoran, at 905-883-8300 or e-mail: