Bayview Wellington MLS Real Estate Houses Listings houses homes bayview wellington real estate listings prices

 

Neighbourhood Amenities   Semi-Detached Houses
Bayview Wellington, Aurora   Bayview Wellington, York Region
 

 

In order to understand the attractiveness of the Bayview Wellington 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.

 

Bayview Wellington 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
House Sales 23 45 +22
Average Home Price $499,239 $596,308 +$97,069
Dollar Volume $11,482,500 $26,833,861 +$15,351,361
New Listings 23 46 +23
Active Listings Inventory 9 14 +5
Average Days On Market 19 26 +7
% Of Sold Price To Listing Price 99% 98% -1

 

Home sales in 2014 increased to 45 from 23 in 2013, and the Average Home Sale Price increased on average by $97,069. At the same time there were 23 more New Listings in 2014 as well as 5 more Active Listings, and the price per home went up along with a total Dollar Volume increase of $15,351,361. 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 19 in 2013 to 26 in 2014 which is more time on the market but still allright for home sellers. The Percentage of Sold Price To Listing Price decreased from 99% in 2013 to 98% in 2014. The majority of Bayview Wellington real estate sales came from freehold townhomes and detached houses as shown below with breakdown by type. 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 10 14 +4
Semi-Detached 3 8 +5
Attached/Townhouse 5 15 +10
Condo Townhouse 1 0 -1
Condo Apartment 4 8 +5

 

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 Wellington 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.

 

Bayview Wellington Real Estate bayview wellington real estate homes houses sales

 

Find Your Bayview Wellington Dream Home bayview wellington real estate homes houses sales

 

Bayview Wellington MLS Real Estate Homes Listings bayview wellington real estate homes houses sales

 

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

wcorcoran@trebnet.com

 

 

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