Markham Real Estate Market Update April 2018


Real Estate In Markham is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.78 months supply of inventory on the market in Markham on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Markham last month was 75 days.
The number of home sales in Markham from March 1, 2018 through March 31, 2018 was 16 units. That is 1% above the number of homes sold last month in Markham.

The average price per square foot in the area is now $43/Sq.Ft, which is 33% a decline from last month.



In Markham there were 6 units sold in March in the price range between $24,000 – $41,580 with an average of 2.8 bedrooms and 1.2 bathrooms and average Square footage of 1,183SF.

In Markham there were 9 units sold in March in the price range between $41,581 – $109,529 with an average of 3.3 bedrooms and 1.2 bathrooms and average Square footage of 1,789SF.

In Markham there were 1 units sold in March in the price range between $109,530 – $159,900 with an average of 3 bedrooms and 3 bathrooms and average Square footage of 2,170SF.

The low price range had the most activity. Homes up to $41,580 were on the market on average 76 days and sold an average of $31,441.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Markham. Search all Markham homes for Sale on propertyup.com If you are considering viewing Markham, you may want to do so now!

Markham
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$82,400
$82,363
Median Sales Price
$88,880
$59,159
Month supply of inventory
5
5.8
Market Time Detached
24 days
75 days
Market Time Attached
0 days
0 days
Inventory
61 properties
74 properties
Low price range
$22,000 – $55,440
$24,000 – $41,580
Low price range market time
31 days
76 days
Low price range units sold
2
6
Low price range bedrooms
3.5
2.8
Low price range bathrooms
1.1
1.2
Low price range approx sqft
1,190 SF
1,183 SF
Mid price range
$55,441 – $146,889
$41,581 – $109,529
Mid price range market time
30 days
77 days
Mid price range units sold
2
9
Mid price range bedrooms
3
3.3
Mid price range bathrooms
1
1.2
Mid price range approx sqft
1,271 SF
1,789 SF
High price range
$146,890 – $204,900
$109,530 – $159,900
High price range market time
1 days
49 days
High price range units sold
1
1
High price range bedrooms
3
3
High price range bathrooms
1.1
3
High price range approxsqft
1,700 SF
2,170 SF

The post Markham Real Estate Market Update April 2018 appeared first on Real Estate Vibe - Property Up.



source http://realestatevibe.com/markham-real-estate-market-update-April-2018/

Comments

Popular Posts