High Park, Swansea and Roncesvalles Houses - 2017 1st Quarter Report W01
Including freehold homes: detached, semi-detached and attached (row houses)
High Park and Swansea
Fifteen detached houses (single or two-family) were sold in the first quarter of 2017 in High Park and Swansea. Ten of these listings were located in Swansea, and five in High Park. That was eight fewer than in the same period of 2016, while seven fewer new listings became available. The increase in average price of detached houses was 14.7%. No semi-detached houses were sold in that period.
The highest price, $3,195,000, was paid for an older home with spectacular ravine and river views in north-west Swansea. It was situated on a very large lot backing to Humber River. The lowest, $1,150,000, was paid for a small 2-bedroom house sitting on a small square-shaped lot on a quiet cul-de-sac.
Only five listings sold below the asking price. The lowest percentage of the listing price, 92%, was paid for a contemporary centre hall house on a busy street. That house took 33 days to sell. The highest, 134%, was paid for 2-bedroom a bungalow in central Swansea, being sold in "as is" condition.
Only two listings were sold with bully offers. Ten houses were sold within one week of listing, and the longest time required for marketing was over three months.
Six detached, nine semi-detached and four attached houses were sold in the first quarter of 2016 in Roncesvalles Village, the same total number as in the first three months of last year.
One house sold below asking price, and five for full price. Remaining thirteen sold betwee 103% and 136% of list price. The lowest, 98%, was paid for a detached one bedroom lane house in a very narrow lot. The highest, 136%, was paid for a century old house with three bedrooms and three kitchens, priced at $899,000.
Seven houses were sold below one million, twelve above, and the highest selling price was $2,100,000.
Thirteen listings sold within one week, and the longest time required to market a listing was 72 days.
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