Beaver Creek Business Park MLS Real Estate Listings beaver creek business park real estate condominiums

 

Residential Condominiums   Beaver Creek Business Park Amenities
Beaver Creek Business Park   Richmond Hill, York Region
 

 

In order to understand the attractiveness of the Beaver Creek Business Park neighbourhood for buyers and sellers looking for new condo buildings, 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.

 

Beaver Creek Business Park 2nd Quarter 2013 2nd Quarter 2014 Increase/Decrease
Condominium Sales 7 8 +1
Average Condo Price $329,071 $343,436 +$14,365
Dollar Volume $2,303,500 $2,747,490 +443,990
Active Listings Inventory 11 10 -1
New Listings 19 20 +2
Average Days On Market 50 29 -21
% Of Sold Price To Listing Price 96% 97% +1%

 

Condominium sales in 2014 increased to 8 from 7 in 2013, and the Average Condo Sale Price increased on average by $14,365. At the same time there was 1 less Active Listing in 2014 and only 2 more New Listings. Prices went up as the product remained fairly constant. Surely, the desirability of this newer condo neighbourhood helped keep the prices up, too, but continually low interest rates also helped with the increase in sales, albeit small in number. During the same period, the Average Number of Days on the market decreased from 50 in 2013 to a much lower 29 in 2014 which is certainly good for home sellers. The Percentage of Sold Price To Listing Price improved to 97% in 2014 from 96% in 2013. All of Beaver Creek Business Park real estate sales is from highrise condominiums and not from any other type of home as is the norm in most other parts of the town. This newly 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 7 8 +1

 

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 condos selling at or close to full listing price in a relatively short length of time, Beaver Creek Business Park continues to gain strength in Richmond Hill real estate and continues as a great investment. Our strong economy should continue with this neighbourhood helping to lead the way.

 

Beaver Creek Business Park Real Estate beaver creek business park real estate mls listings

 

Find Your Beaver Creek Business Park Dream Condo beaver creek business park real estate mls listings

 

Beaver Creek Business Park MLS Real Estate Listings beaver creek business park real estate condominiums

 

 

Oh, By The Way, I am Never Too Busy To

Handle 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 Technologies.
Lone Wolf Technologies