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King City MLS Real Estate Listings king city real estate homes houses mls listings

 

One of the most interesting and important indicators of attractiveness of different neighbourhoods  for investment and general family living is a comparison between the community now and how it was in the previous year for the same time period. The following figures come from the Toronto Real Estate Board "Community Housing Market Report York Region: King, King City."

 

King City 3rd Quarter 2013 3rd Quarter 2014 Increase/Decrease
Home Sales 27 32 +5
Average Home Price $866,619 $1,099,641 +$233,022
Dollar Volume $23,398,700 $35,188,500 +$11,789,800
New Listings 65 76 +11
Active Listings 62 69 +7
Days On Market 54 56 +2
Average Sold Price to Listing Price 94% 94% 0%

 

From this chart it is easy to see that Home Sales increased by 5 from 27 in 2013 to 32 in 2014. The Average Home Price went up by $233,022 during the same time period with the Dollar Volume up by $11,789,800. New Listings were up by 11 over 2013 and Active Listings were up by 7. Average Days On the Market increased from 54 in 2013 to 56 in 2014, and Average Sold Price to Listing Price remained the same at 94%.

 

Type Sold 2013 2014 Increase / Decrease
Detached 19 27 +8
Semi-Detached 1 0 -1
Freehold Townhouse 4 4 -1
Condo Apartment 3 0 +5
Other 0 1 +1

 

King City is another great King neighbourhood for increasing the value of real estate holdings. Homes sales increased, new listings increased and active listings increased too. Home values were up as more people vied for a slightly greater level of homes. Sales of detached homes remained at the top with some recently-built townhouses far behind in 2014. It is apparent that the housing market remains strong compared to other countries, and with an interest rate that remains relatively low, the King City, King real estate market should continue to prosper along with other markets in York Region.

 

King Your King City Dream Home king city real estate homes houses mls listings

 

King City MLS Real Estate Listings king city real estate homes houses mls listings

 

 

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