In May 2012, 13 homes sold in York Mills, at an average price of $1,948,831. On average these properties took 21 days to sell and sold at 102% of their listing price. A total of $25,335,000 worth of real estate changed hands on the MLS system in May.
The signs point to a strong market in York Mills. Prices have gone up 21% over this same period last year and homes are selling at 104% of their asking price. Now is a great time to sell in York Mills.
These numbers support the anecdotal evidence from our salespeople that York Mills still faces a lack of supply, not demand. When submitting offers on York Mills properties, buyers have been facing multiple offer scenarios left, right, and centre. There are just not enough properties available.
Provided below are some overview charts of the market activity in York Mills since Dec 2009. If you would like to download a report that outlines all of the details (including sold price) of the homes that sold in York Mills in May 2012 click here: York Mills Real Estate Market Report May 2012 Download.