October Video Minute Report
From west to east this report covers three neighbourhoods for October 2021. Martingrove Gardens, Richmond Gardens and Royal York Gardens.
We have seen 13 sales of the 19 new listings. This goes to show that 68.42% of everything listed has now been sold. No other sales have occurred at this time. We have seen one of the 19 new listings become withdrawn and not on the market at this time. We have seen 11 properties sell for above the value that they were listed at and 2 properties sell for under the value that they were listed at. As of now we are seeing an average days on market of 8, a median days on market of 7, an average asking to selling ratio of 1.1332 and a median asking to selling ratio of 1.1283. When comparing the median sales price of $1,375,000 to the MLS® wide year-to-date median sales price of $905,887 we are seeing an increase in median sales price by 51.78%.
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