Average House Price in Willowdale, North York for JUNE 2021

​The average MONTHLY price change June 2021: Drop of 5.7%

The average YEARLY price change, from June 2020 to June 2021: Drop of 1.4%

Willowdale East and West residential market report, JUNE 2021

This report contains the average house price for Willowdale East and West. Data includes one-story, two-story detached and attached houses.

​Brief Summary

The source of data for this report is Toronto Real Estate Board, Multiple Listing Service  MLS®. 
The data is for the period of 28 days.

The average house price is $2,052,597 and the median house price is $1,735,000

There are in total 59 new listing and the number of houses sold are 36 in Willowdale East and West. 

The average days to sell a house is 18 days.
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The average MONTHLY price change June 2021: Drop of 5.7%

The average YEARLY price change, from June 2020 to June 2021: Drop of 1.4%

The above Graph (1) shows the average sold price for the residential homes in Willowdale East and West community. The Graph shows a monthly drop of 5.7% in house prices for the month of June 2021. The yearly price from June 2020 to June 2021 also shows a price drop of 1.4%.

*Understanding the average sold price 

Average Sold price may vary drastically in the short-term from month to month for two main reasons. 

(1) the mix of sold homes changes; for example, one month, more high-priced homes are sold; hence, the average sold price is skewed to a higher number. If you have more lower-priced homes are sold in one month, the average sold price will be lower for that month.

(2) The change in the market condition where overall homes are sold more hence pushing the average sold price higher, or vice versa.

​See more market report

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Author

The above Real Estate article was provided by David Khosravi, a leader in his field in North York, Willowdale Real Estate, Reach out to David via email: drdavidkg@gmail.com or by phone: 416.990.2424
Are you thinking of selling your home? I will be glad to share my marketing strategies with you.