Huron Heights-Leslie Valley MLS Real Estate Houses Listings huron heights leslie valley real estate houses homes

 

Condos Condominiums   Neighbourhood Amenities
Huron Heights-Leslie Valley, Newmarket   Huron Heights-Leslie Valley, York Region
 

 

In order to understand the attractiveness of the Huron Heights-Leslie Valley, Newmarket 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, Newmarket, with with the increase or decrease in results in the right hand column.

 

Huron Heights-Leslie Valley 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
House Sales 30 18 -12
Average Home Price $440,645 $502,361 +$61,716
Dollar Volume $13,219,350 $9,042,500 -$4,176,850
New Listings 32 22 -10
Active Listings Inventory 8 4 -4
Average Days On Market 18 24 +6
% Of Sold Price To Listing Price 98% 98% 0

 

Home sales in 2014 decreased to 18 from 30 in 2013, and the Average Home Sale Price increased on average by $61,716. At the same time there were 10 fewer New Listings in 2014 and 4 fewer Active Listings, and the price per home went up along with a total Dollar Volume decrease of $4,176,850. 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 18 in 2013 to 24 in 2014 which is still allright for home sellers. The Percentage of Sold Price To Listing Price remained the same at 98% in 2014. The majority of Huron Heights-Leslie Valley real estate sales came from detached and semi-detached homes as shown below with breakdown by type. This desirable neighbourhood is another indicator of the strength of the overall Newmarket Housing Market.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 21 13 -8
Semi-Detached 8 4 -4
Freehold Townhouse 0 0  0
Condo Townhouse 0 1 +1
Condo Apartment 0 0   0 
Other 1 0 -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 homes selling close to full listing price in a relatively short length of time, Huron Heights-Leslie Valley, Newmarket 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.

 

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