Doncrest MLS Real Estate Listings doncrest real estate homes houses mls listings sales

 

Doncrest Real Estate   Doncrest Valley
Richmond Hill York Region   Doncrest Richmond Hill
 

 

 

In order to understand the desirability of the Doncrest neighbourhood for buyers and sellers, it is necessary to compare the present market to a previous one. In this case the second quarter of 2014 is compared side-by-side to the second quarter statistics of 2013, with with the increase or decrease in results in the right hand column.

 

  2nd Quarter 2013 2nd Quarter 2014 Increase/Decrease
House Sales 31 41 +10
Average Home Price $668,006 $901,683 +$233,677
Dollar Volume $20,708,188 $36,969,000 +16,260,812
Active Listings Inventory 36 34 -2
New Listings 79 78 -1
Average Days On Market 34 17 -17
% Of Sold Price To Listing Price 97% 103% +5%

 

Home sales in 2014 increased to 41 from 31 in 2013, and the Average Home Sale Price increased on average by a magnificent $233,677. At the same time there were slightly fewer Active Listings in 2014 as well as fewer New Listings. Surely, fewer listings helped keep the prices up, but continually low interest rates also helped with the increase in sales. During the same period, the Average Number of Days on the market decreased from 34 in 2013 to only 17 in 2014 which is certainly good for home sellers. The Percentage of Sold Price To Listing Price improved to an amazing 103% from 97% in 2013. The majority of Doncrest real estate sales is mostly from detached homes, and this extremely desirable neighbourhood is another indicator of the strength of the overall Richmond Hill Housing Market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 20 30 +10
Condo Townhouse 0 1 +1
Condo Apartment 9 9 ---
Attached 2 1 -1
Other 0 0 ---
Total 31 41 +10

 

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, Doncrest continues to be strong in Richmond Hill real estate and a great investment. Our strong economy should continue with this neighbourhood helping to lead the way.

 

Doncrest Richmond Hill Real Estate doncrest real estate homes houses mls listings sales

 

Find Your Doncrest Dream Home doncrest real estate homes houses mls listings sales

 

Doncrest MLS Real Estate Listings doncrest real estate homes houses mls listings sales

 

 

 

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