Sharon East Gwillimbury MLS Real Estate Listings sharon real estate homes houses mls listings prices

 

Heritage Village District   Neighbourhood Amenities
Sharon, York Region   Sharon, East Gwillimbury
 

 

In order to understand the attractiveness of the Sharon neighbourhood for buyers and sellers, it is necessary to compare the present market to a previous one based on the  Community Housing Market Report York Region: East Gwillimbury. In this case the fourth quarter of 2014 is compared side-by-side to the fourth quarter statistics of 2013, with with the increase or decrease in results in the right hand column.

 

Sharon 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
House Sales 8 11 +3
Dollar Volume $7,078,000 $8,452,000 +$1,374,000
Average Home Price $884,750 $768,364 -$116,386
Active Listings Inventory 14 10 -4
New Listings 10 3 -7
Average Days On Market 49 24 -25
% Of Sold Price To Listing Price 99% 98% -1%

 

Sales were up by 3 in 2014 from the 8 in 2013, yet the Average Home Sale Price which was made up entirely of detached homes decreased on average by $116,386. At the same time there were 4 fewer Active Listings in 2014 as well as 7 fewer New Listings. Surely, a shortage of listings helped keep the prices fairly stable, but continually low interest rates also helped with the increase in sales dollar volume. This activity reduced the Average Number of Days on the market from 49 in 2013 to only 24 in 2014. And the Percentage of Sold Price To Listing Price decreased slightly from 99% of asking price in 2013 to a still high 98% of asking price in 2014. Sharon real estate is another indicator of the strength of the overall East Gwillimbury Housing market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 8 11 +3

 

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 almost full price in a short length of time, and the new subdivisions already underway, Sharon continues to be one of the hot spots in East Gwillimbury real estate. Our strong economy should continue with this neighbourhood at the forefront.

 

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Sharon MLS Real Estate Listings sharon real estate homes houses mls listings

 

 

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