Here is what happened in September:

  • The number of freehold home sales decreased by almost 50% month-over-month. There were 14 home sales in September. (26 home sales in August). This is not because of lack of demand, this is because there were fewer homes listed!
  • There were 14 homes listed for sale in September and 14 homes sold in September, keeping the absorption rate at 100%
  • The average selling price increased month-over-month. $1,621,048 in September ($1,387,615 in August). This increase is because September had one sale of $4 million bringing the average up.


Here is what happened in August:

  • The number of freehold home sales increased by seven units month-over-month. There were 26 home sales in August. (19 home sales in July).
  • The average selling price stayed steady month-over-month. $1,394,368 July, $1,387,615 August.
  • There were 26 homes listed for sale in August and 26 homes sold in August, keeping the absorption rate at 100%.


 

Here is what happened in July:

  • The number of freehold home sales increased by one unit month-over-month. There were 19 home sales in July. (18 home sales in June)
  • The average selling price increased slightly month-over-month. July: $1,394,368, June $1,361,056. This is because July had one sale above $1.9m, which brought the average up slightly.
  • There were 19 homes listed for sale in July and 19 homes sold in July, keeping the absorption rate at 100%.


Here are the real estate transactions that happened in June:

  • There were 18 homes sales in June. (23 homes sales in May)
  • The average selling price decreased slightly month over month. May:  $1,453,234, and June:  $1,361,056. This is because May had one sale above $2m, which brought the average up, and all sales in June were below $2m which brought the average down.
  • The percentage of homes listed for sale vs homes sold stayed at 100%.


Here are the real estate transactions that happened in May:

  • 23 home sales (there were 22 sales in April)
  • The average selling price decreased slightly month over month. April:  $1,534,449, and May:  $1,453,234. This is because April had one sale above $3m, which brought the average up, and May had one sale below $1m which brought the average down.
  • The percentage of homes listed for sale vs homes sold stayed at 100%.


Here are the real estate transactions that happened in April:

  • The number of home sales decreased by 8. March: 30 homes sales, and April: 22 home sales.
  • The average selling price increased slightly month over month. March:  $1,437,133, and April:  $1,534,449.
  • The percentage of homes listed for sale vs homes sold stayed at 100%. In March, (29/29) of active listings sold. April, (22/22) sold.


Here’s what happened in March:

  • The number of home sales increased by three. In February: 26 homes sales, and March: 29 home sales.
  • The average selling price increased slightly month over month. February:  $1,418,300, and March:  $1,439,448.
  • The percentage of homes listed for sale vs homes sold, increased to 100%, meaning that there is a higher absorption rate of available homes.  In February, 65% (26/40) of active listings sold. March, 100% (29/29) sold.
  • We are still seeing a strong seller’s market.


Here’s what happened in the Markham Village – Sherwood Amberglen area in February 2021:

  • The number of home sales doubled month-over-month. January:  13 homes sales, and February: 26 home sales.
  • The average selling price increased by almost 15% month over month. January:  $1,236,985, and February:  $1,419,492.
  • The percentage of homes listed for sale vs homes sold, increased slightly, meaning that there is a higher absorption rate of available homes.  In January, 57% (13/21) of active listings sold. February, 65% (26/40) sold.
  • It is an increasingly strong seller’s market, with the average sale price to list price ratio at 116% in February, 109% in January.

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