Newmarket Real Estate Reports

By
Real Estate Agent with Century 21 Heritage Group, Ltd. Brokerage

Newmarket Real Estate has been Hot! if you have been on the Selling end of things this Spring you have been in the drivers seat. Real Estate in the Newmarket area has been hard to find and this has caused prices to go up. Buyers have had a hard time with this Home Shortage and having been paying a higher then average price.

June 3, 2010 -- Greater Toronto REALTORS® reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record.  In Newmarket the Average day on market for Real Estate was 20 days with the average sale price being 99% of the List Price.

New listings were up 38 per cent annually to 18,940. The average price for May transactions in Newmarket was $376,669.

Median Price
In May, the median price was $376,750, from the $337,000 recorded during May of 2009.

If you live in Newmarket or the surrounding area and would like an idea of what your home may be priced at go to; Home Evaluation

Newmarket's Real Estate Market has never been better but slower times may be coming. if you are thinking of Listing Now is the time to get your home on the market. Century 21's top team with Eryn Richardson and Richard Gibb (The Home Team) are always available to discuss your options. Located at 102 Main Street South in Newmaket, you can stop by anytime.

http://www.hometeamsells.ca

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