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Willowdale Real Estate Blog

David khosravi Willowdale Real Estate
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Home price index (HPI) JULY 2021, Willowdale West, Ontario

8/4/2021

 
Picture
Willowdale West one story detached residential: July 2021 price drop of 18.7% 

Willowdale West two story detached residential: July 2021 price increase of 13.3%​
​Willowdale West residential Home Price Index (HPI) report, JULY 2021

This report contains two sections home price index for one-story detached single-family and two-story detached single-family for Willowdale West. The home price index is an important parameter to track price trends in a specific market.
​​
Brief Summary

  • The source of data provided in this article is from Multiple Listing Service (MLS®)
  • The data presented here as a The Base Year (also referred to as Base Period) of 2005

Willowdale East detached homes HPI values:

​Section (1) of this report focuses on HPI values (a) one story single family and (b) two story single family homes for both Willowdale West.
Picture
Willowdale West, Red: 1 story detached Single Family, Blue: 2 Story detached single family
​
​Willowdale West detached homes HPI values:

 |One Story|

12 months period
July 2020: 356.3
July 2021: 381.3
From July 2020 to July 2021 price increase of 25%

1 month period
June 2021: 400.0
July 2021: 381.3
July 2021 price drop of 18.7% 


 |Two Story|

12 months period
July 2020: 349.0
July 2021: 375.8
From June 2020 to July 2021 price increase of 26.8%

1 month period
June 2021: 362.5
July 2021: 375.8
July 2021 price increase of 13.3%​
​
For one-story, price was increasing until May 2021, however price started declining continuously afterwards. we notice a sharp price drop of 18.7% for July 2021.

For two-story, price started declining from April 2021 until July 2021. We see a price increase of 13.3% for July 2021.

Year to year price from July 2020 to July 2021 show over 25% increase for both one and two-story houses.

The value gap between one-story and two-story is much smaller because of the price changes in July 2021 for both one and two-story houses.
​
​| See more market report |

David K.

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.


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  • Willowdale Real Estate
  • FAQ Sellers
  • FAQ Buyers
  • Real Estate Blog
  • More ...
    • Contact
    • 1% Commissin Willowdale
    • Willowdale Market Report
    • Yonge and Sheppard Condo Market
    • Free Home valuation
    • Free Staging
    • Team
    • Privacy policy
    • Mortgage Information
    • Links >
      • Tax
      • Toronto MLS Map
      • Bathroom Gallery
      • Kitchen Gallery