Bradford West Gwillimbury Real Estate Report December 2013

Well here we are Happy New Year, 2014 has finally arrived and 2013 is behind us. Well December finished off as a busy month in Bradford West Gwillimbury for the resale market. Here are the stats for the past month.

 Type  Number Sold   Average Price December 2013  Highest Price
 All  39  $434,059.00  $712,000.00
 Townhome  4  $311,125.00  $356,000.00
 Semi-detached  2  $382,500.00  $405,000.00
 Link  2  $342,000.00  $342,000.00
Detached 31 $459,187.00 $712,000.00

     After a busy month 39 resale homes sold in the month of December, most sold before the Christmas holiday. That's 2 more than last months 37 that sold. We have been light on the inventory of Town's and Semi's for the past couple of months keeping the number that sold low. The average price of homes sold this month was $434,059.00, which is 3.9% higher than November's $417,722.00. Monthly fluctuations are not the best indicator of the true year over year market increase, since the types and styles of homes are different. Here is the breakdown of all of the detached home's that have sold December 2013.

Detached Type  Number Sold  Average Price December 2013  Highest Price  
 Bungalow  6  $427,250.00  $570,000.00
 Raised Bungalow  5  $355,800.00  $420,000.00
 Split level  1  $640,000.00  $640,000.00
 2 Storey  19  $486,937.00  $712,000.00

     Many detached homes have sold in the month a December with a total of 31 and the majority were the 2 storey's. Only 1 split level sold and the price reflects that it was a larger property in a country setting. Here is a breakdown of the 2 storey homes that sold December 2013.

 # of Bedrooms  # car Garage  Number Sold Average Price December 2013 
 3  1  6  $389,000.00
 3  2  3  $473,667.00
 4  1  3  $475,933.00
 4  2  6  $588,167.00
 5  2  1  $540,000.00

     As you can see 4 bedroom plus 2 car garage has topped the charts as prices continue to climb in Bradford West Gwillimbury.

If you have any questions in real estate and/or are thinking of buying and/or selling please don't hesitate to call.

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