NOVEMBER 2018 INITIAL Report on west alderwood house prices

Homes Sold Past 6 Months: 32 Average Sale Price OCT '18: $1,025,938 Average Days on Market OCT '18: 10 NOVEMBER 2018 REPORT ONWEST ALDERWOOD HOUSE PRICES + Past 6 Months SOLD (May - October 2018) + Current ACTIVE Listings in NOVEMBER 2018 + Past Six-Month Trends, Home Price Index, and More This Report gives you an in-depth look into the housing market in West Alderwood, with charts and analysis, plus up-to-the minute statistics based on all the homes currently for sale and sold in West Alderwood over the last six months. Enjoy! West Alderwood House Prices Report Courtesy of Mark Gaudet Sales Representative Right At Home Realty Inc Brokerage 416-551-6847 [email protected]

WEST ALDERWOOD HOUSE PRICES REPORT Ten homes currently for saleNOVEMBER One 2018 \"Holding Back Offers\" Two Sold conditionalIs More Information Better West Alderwood, Nov. 2018 ~ You will notice The funny thing is, this information has alwaysa new feature in this month’s Report on West been available to anyone willing to visit the LandAlderwood House Prices. In the past we’ve been Registry Office. Or, (if you were super brave!) bysubject to rules which prevent publishing the contacting any number of real estate agents forsold price and full address of a property. We’ve the information. Those options are still available,been able to show you the sold price and the but now it’s possible to get sold prices online (ifstreet name, but not the house number. you provide your name and contact info). Or here, in your favourite House Prices Report!This detail may or may not be important to you.But the change is the result of a court battle Although the sale numbers still need to beconducted by the anti-competition bureau. assessed and interpreted to be useful, inContrary to media reports, the case was principle, this development benefits buyers andsparked, not by consumers demanding the sellers because experience shows that informedinformation, but by a Realtor who wanted to consumers make wiser decisions.publish sold data to benefit his own business. Unfortunately, the ruling has also left some GUARANTEED SALE PRICING buyers and sellers concerned that information To get a Free Pin-Point Analysis of your West formerly private is now on public display. Going Alderwood House including a Room-By-Room forward there is a way to suppress the sold price/address. That’s a topic for a future issue. Review, just call 1-855-781-8881, Ext. 32 for a 24-hour free recorded message. ~Mark Gaudet

NOVEMBER 2018 REPORT ONWEST ALDERWOOD HOUSE PRICES Average Selling Price $1,050,244 $1,025,938 Sept '18 Oct '18OCT 2018 vs OCT 2017Homes Sold Oct '18: Days On Market Home Prices $1,025,938Oct '18: 8 Oct '18: 9Oct '17: 9 Oct '17: Oct '17: 25 $795,889OCT 2018 vs SEPT 2018Homes Sold Oct '18 Days on Market Sept '18: 9 Home Prices $1,025,938 Aug '18: 10Oct '18: 8Sept '18: 9 Sept '18: $1,050,244

WEST ALDERWOOD HOUSE PRICES REPORTWest Alderwood – 6 Month SOLD data (May '18 Thru Oct '18) S TREET Date Sold List price Sold price % Diff Style Beds & Days on Baths Market8 Westleigh May 17 $849k $872k 103 Bungalow53 Mitcham May 21 $1.2m $1.15m 93 Bungalow 2/1 327 Westleigh May 25 $859k $870k 101 1.5 Storey 3/2 192 Foch May 29 $699k $730k 104 1.5 Storey 3/2 169 Hargrove May 29 $900k $921k 102 Bungalow 3/1 817 Helsby Jun 4 $889k $840k 94 Bungalow 3+2/2 525 Alcan Jun 15 $1.49m $1.46m 98 2-Storey 3/1 198 Thames Jun 18 $850k $830k 98 1.5 Storey 4+1/4 1527 Hargrove June 25 $850k $845k 99 Bungalow 2/1 611 Norfolk July 6 $799k $800k 100 Bungalow 3+1/2 7619 Evans July 12 $754k $740k 98 3-Sty(town) 2/1 1537 Delma July 18 $950k $885k 93 2-Storey 3/3 717 Dunning Aug 8 $1.07m $1.07m 100 Bungalow 2+1/2 4017 Norfolk Aug 14 $829k 101 1.5 Storey 2+1/2 815 Norfolk Aug 22 $849k 840k 106 1.5 Storey 2/1 651 Westhead Aug 27 $879k $903k 97 Bungalow 2/2 776 Roseland Sept 05 $769k $850k 100 Bungalow 3/2 2020 Delma Sept 10 $899k $769k 109 Bungalow 2/1 1522 Woodbury Sept 12 $799k $982k 100 2-Storey 3/2 662 Woodbury Sept 12 $969k $801k 100 2-Storey 3/2 231 Westhead Sept 14 $1.498m $969k 99 2-Storey 4/2 220 Albright Sept 18 $1.860m $1.458m 98 2-Storey 4/4 1623 Savona Sept 19 $890k $1.820m 98 Bungalow 4+2/5 147B Lloyd George Sept 23 $980k $880k 100 2-Storey 3+1/2 13619 Evans Sept 30 $799k $980k 98 3-Storey 3/4 44 Forty Third Oct 1 $800k $765k 97 Bungalow 3/3 1330 Albright Oct 2 $700k $775k 116 1.5 Storey 2+1/1 3619 Evans Oct 2 $739k $815k 100 3-Storey 4+2 719 Gair Oct 2 $820k $739k 98 Bungalow 3/3 615BOwen Oct 17 $1.30m $802k 102 2-Storey 3/2 174 Gort Oct 24 $1.068m $1.32m 103 1.5 Storey 3/4 68 Bisset Oct 27 $1.328m $1.100m 104 2-Storey 3/2 2 $1.380m 5/4 46

PREVIOUS SIX MONTHS MARKET ACTIVITY May. '18 - Oct. '18 Sold Statistics and Counts1,000,000 list price original price sold price House Type 950,000 Row/Twnhouse - 3 900,000 average median mode Detached - 27 850,000 Semi-Detached - 2 800,000 Monthly Sold Prices - Avg, Highest & Lowest 750,000 May 2018 thru Oct 2018 House Style 1 1/2 Storey - 72000000 2-Storey - 91500000 2 1/2 Storey - 0 3-Storey - 3 Backsplit - 0 Bungalow - 13 Past 6 months of average, lowest and highest prices. The presence (or absence) of newer, rebuilt houses has a significant effect.1000000500000 0 June July Aug Sept Oct May Low Price Avg Sold Price High PriceLooking at six- Comparing 6-Month range ofmonth trends average sold Pricesfrom last year tothis year. (Apr'17 thru Sept '17) VS (Apr '18 thru Sept '18) 2017 2018 983972 931022 951270 926139 887,659 965401 930282 924,277 947,557 892667 865118 Dec-May Jan-June Feb-July Mar-Aug Apr-Sept May-Oct

WEST ALDERWOOD REPORTWest Alderwood – Currently For Sale* *Updated Nov 15, 2018, West Alderwood – Sold in October

WEST ALDERWOOD HOUSE PRICES REPORTWEST ALDERWOOD SALES-TO-LISTINGS RATIO SHOWS A SELLER’S MARKET Sales vs Inventory Seller’s Market Absorption Rate over 22% Sept 2018 Months of Inventory-under 4 months Absorption Rate = 57%Months of Inventory = 1.75 Buyer’s Market Absorption Rate under 18% Oct 2018 Months of Inventory - over 6 months Absorption Rate = 50% Months of Inventory = 2 Balanced Market Absorption Rate 18% - 22% Months of Inventory - 4-6 months TORONTO REAL ESTATE BOARDGTA NUMBER OF SALES AND AVERAGE SALE PRICES West Alderwood House Prices Report Courtesy of Mark Gaudet Sales Representative Right At Home Realty Inc Brokerage 416-551-6847 [email protected]