Crosby MLS Real Estate Listings homes houses crosby real estate property sales

 

Crosby Real Estate   Semi-Detached Homes
Richmond Hill, York Region   Crosby, Richmond Hill
 

 

In order to understand the attractiveness of the Crosby, Richmond Hill 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, Richmond Hill, with with the increase or decrease in results in the right hand column.

 

Crosby 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
House Sales 45 30 -15
Average Home Price $493,314 $607,607 +$114,293
Dollar Volume $22,199,110 $18,228,200 -$3,970,910
New Listings 47 52 +5
Active Listings Inventory 11 20 +9
Average Days On Market 23 21 -2
% Of Sold Price To Listing Price 98% 100% +2

 

Home sales in 2014 decreased to 30 from 45 in 2013, and the Average Home Sale Price increased on average by $114,293. At the same time there were 5 more New Listings in 2014, 9 more Active Listings, and the price per home went up along with a total Dollar Volume decrease of $3,970,910. 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 decreased  from 23 in 2013 to 21 in 2014 which is still allright for home sellers. The Percentage of Sold Price To Listing Price increased to 100% from 98% for the same period of time. The majority of Crosby real estate sales came from detached and semi-detached houses as shown below with breakdown by type. This 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 23 19 -4
Semi-Detached 10 8 -2
Condo Apartment 12 3 -9
Other 0 0 0

 

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, Crosby, Richmond Hill 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.

 

Crosby Richmond Hill Real Estate crosby real estate homes houses property sales

 

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Crosby MLS Real Estate Listings crosby real estate homes houses property sales

 

 

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