Market Report - Midland Park Community, Scarborough - Nov 2013

Market Report - Midland Park Community, Scarborough - Nov 2013

Home prices continue to go up, up up!

Below is a statistical insight into homes sales activity and how the demand for your community is accelerating. 

Insight

  • Year to date there was nearly a 100% increase in the number of detached homes sold (31) than in 2012 (16).
  • Detached homes average sold price in 2013 was 5% higher ($466,207) YTD than 2012 ($442,869), and 2012 was 7.5% higher than 2011 ($411,239).
  • Semi-detached homes average sold price in 2013 was 6.2% higher ($364,974) than 2012 ($343,762), and 2012 was 7.9% higher than 2011 ($318,499).

 

 

Ken Priestman

Ken Priestman

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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