Real Estate Analysis

Real Estate Market Analysis for
Detached Properties in

Value Appreciation

First, let’s see how much the value of this community's Detached properties have appreciated compared to the same period last year.

Price Appreciation
0%

Within ONE year

COMMUNITY PRIMACY

Next, we will compare the average value appreciation for Detached properties in community with the average appreciation of prices in its Municipality and Zone. is located within municipality of and regional zone of . This comparision can indicate if this community in particular has an above or below average price appreciation compared to the rest of the communities in the same municipality and zone. You can make the same comparison over 1 Year, 3 Year, 5 Year and 10 Year periods to understand how this trend has shaped over a longer period of time.

CHART GUIDE
Detached Properties
  City:

Then, we can compare the Benchmark Price for Detached properties in with the benchmark price of Detached properties in its municipality and zone. This can indicate if relatively Detached properties in are more expensive or cheaper than Detached properties in other communities within the same municipality and zone.

Detached Benchmark Price 0

Please be careful not to misinterpret benchmark prices as actual prices. Benchmark prices are calculated for certain properties that are considered as typical properties in a given community. MLS benchmark prices are determined to help track price trends and do not reflect the price of any one particular property.

Property Type Comparison

Finally, we can see the price appreciation of different property types in over a 3 Year period. Here, we will be able to see which property types in this community have contributed the most to the overall price appreciation of the community in the past 3 years.

DETACHED

Benchmark Price

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SEMI DETACHED

Benchmark Price

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TOWNHOUSE

Benchmark Price

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CONDO

Benchmark Price

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Recent Market Activity

Now let's take a look at some more indicators from the most recent real estate market activities in that can help you better understand the current status and trends of the real estate market in this community.

Average Market Price

The chart below displays the quarterly trend of average market price for Detached properties in . Note that each point on this chart demonstrates the average sold price of the properties in a given period, and may fluctuate severely if the quality and standards of the listed properties vary greatly.

Average Days on Market

DOM or Days on Market indicates the number of days from the listing date of a property to the date that property has been sold. This chart indicates how in-demand Detached properties are in and how this demand has fluctuateds over the span of a year.

What should you look for
when analyzing the market?

When analyzing data, you should always read between the lines to understand the actual trends. The numbers are all good, but it takes a bit of contemplation to make sense of it all.

Most notably, it makes a huge difference if you are looking at the data from a home owner's point of view or if you are trying to evaluate the market from a home buyer's viewpoint.

As a homeowner, you may wish to understand your community's real estate market situation, and know what to expect should you wish to put your property up for sale, or you may just be curious to find out what your property may approximately be worth and assess your capital gain potential. You would want to look at data that can indicate how much your property has appreciated since the day you bought it. You can see what the average asking price for properties similar to yours in your community has been, or how fast you should expect your property to sell.

As a home buyer on the other hand, you may either be looking to find your future home, or be looking to find that perfect investment property. Either way, this is going to be a significant investment and you'd want to make an informed decision. You would want to look at indicators that suggest which communities in a municipality will probably have the strongest price growth in the future, or which property type would gain the best capital in your favorite neighborhood. You can also see how likely you would be to find your ideal home within your budget.

Market Activity

We can see how active the market has been in , by comparing the number of newly listed properties in a given period with the number of properties that have been sold and the number of active properties still remaining at the end of the period. The more properties are listed and sold, the more vibrant the market is in any given community.



The Recent Deals

Now let's see How Many Detached Properties have sold in during the last quarter and for How Much.

SOLD
Properties
Within the last quarter

SOLD
Price
average Within the last quarter

0*
* average


That's % of average asking price

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HIVA NON LIABILITY DISCLAIMER


SOURCE OF DATA: TORONTO REAL ESTATE BOARD AND ITS AFFILIATES

The data analysis in this website is based on current and historical data and trends available from various local and national real estate bodies and authorities. It is intended to simplify the understanding and analysis of the real estate market data at a local level, for the purpose of comparing local market trends and property types, in order to help users approach their life's most important investment decision with greater confidence.

Please note that the analysis represented here can only be as accurate as the data available to public, and that it may not represent the the actual market situation. We strongly recommend consulting with your Realtor® when time has come to make your home buying/selling decision. By continuing to view the data and information provided on this website, you acknowledge that you have read and agreed with the HIVA Terms and Conditions.

This website is not intended to replace professional real estate, financial, investment or legal advice. Though it has endeavored to provide the most accurate and timely information available, some of this information is complex and subject to rapid change. As a visitor to this website, you acknowledge and agree that any reliance on, or use of any information available on this website shall be entirely at your own risk. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data is deemed reliable but is not guaranteed accurate by Toronto Real Estate Board (TREB).

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

NOTE: The MLS benchmark price is to track price trends and consumers should be careful not to misinterpret index figures as actual prices. Benchmark properties are considered average properties in a given community and do not reflect any one particular property. Listings here do not represent all Toronto MLS® listings.

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