Sunday, August 19, 2007

Richmond Hill Parks - Richmond Green

This is the start of a series of reviews, pictures and comments on the parks of Richmond Hill.

Richmond Green is located at Leslie and Elgin Mills right next to Richmond Green High School and the Richmond Green library. It has a skate park, water park,, skating arena, soccer fields, walking paths, sand and play area and an eco-educational garden area. Richmond Green is often used by the residents of Bayview North and Bayview Hills, in Richmond Hill, and by the the City of Richmond Hill for events like the Canada Day fireworks show (always fun but traffic is heavy so come early and prepare to have to deal with traffic when you are leaving).







For information on Richmond Hill real estate or to find your perfect Richmond Hill home please visit my website and request a Richmond Hill Home search or a free Richmond Hill home evaluation.

Toronto Real Estate Market - Mid August sales

Toronto Home Sales in August are well above expected numbers in terms of volume. As of August 17th there were 3,838 homes sold, up 17% from Aug 2006, and the average sale price across the Toronto MLS® system was $355,829.

So it looks like the summer market is doing very well with the lower priced home and condo sales. I, for one, am looking forward to see how the upper priced home sale come back in September.

Monday, August 06, 2007

York Region Real Estate market statistics - July 2007

York Region's real estate markets were hot in July 2007 as were all of the Northern districts on the Toronto MLS® system. Sales this year were up 27.7% with 1,797 homes sold compared to 1,407 homes sold in July 2007. The year to date home sales numbers are also up 16.3% to 12,232 homes sold in York Region, the Uxbridge area of Durham and parts of Simcoe County.

Over all average sold prices increased by 5% from $373,573 to $392,360 in July 2007. There were some very active markets in York Region including the 3 Richmond Hill Ontario real estate districts (N03, N04 and N05), Aurora (N06) and Vaughan (N08).

In Richmond Hill there was an increase of 47.1% in the total number of homes sold, going from 291 (July 2006) to 428 (July 2007) homes. Most of this increase was in the South end in the N03 and N04 districts. Richmond Hill seems to have been hit by the summer market effect resulting from higher price range buyers going on vacation. The result was a decrease in the average sold price but an increase in the median home sold price where they were very close to one another. The largest effect was in the detached home market where, in the N03 district, the average home price dropped from $601,645 to $556,140 while the median home sold price increased from $537,000 to $557,750, not that that is chump change or anything but there were definitely fewer million plus dollar homes sold in July 2007.

Aurora Ontario's real estate market saw an increase in home sales of 26.3% from 57 to 72 and an increase in average sale price from $392,658 (July 2006) to $454,512 (July 2007).

In the N08 district (Vaughan) and the N11 district (Markham) both saw increases in sales volume between 27% and 30%.

Happy house hunting.

Toronto Real Estate Market Statistics - July 2007

Toronto's real estate markets keep motoring along. In July 2007 there were 1,590 homes sold in the central districts on the Toronto MLS® system. This would account for the down town core and everything between Dufferin and Victoria Park, South of Steeles, with the DVP as the eastern boundary south of Eglinton Ave. That is an increase of 24.3% over last year's 1,279 Toronto homes sold.

The average sold price in the Toronto Central districts was $470,464 up 9.9% from July 2006's $428,031 and the median home sale prices in central Toronto raised from last years $313,200 to $334,500. The one thing that Toronto still has is variety. The average home sold prices vary widely from district to district. The lowest average sold price was $329,339 in the C8 district which is predominantly condominiums. Where as the highest average home sold price was in the C12 district with and average home sale price of $1,442,216.

So far, in 2007, there have been 10,591 homes sold in the central Toronto real estate markets which is up 12% from last years 9,450. Even with the potential new land transfer tax, that may get the go ahead if the City or Toronto does not figure another way to fix their budget issues, the real estate markets are booming with a sales to active listings ratio of 64.7% in July 2007 for the central Toronto districts.

It is still a great time to buy or sell Toronto real estate. Please let me know if you are looking for Toronto, Ontario, homes for sale or if you want to sell you Toronto home or condo fast.